Fantom
Building a highly scalable blockchain ecosystem
Fantom was founded in 2018, is headquartered in George Town, Cayman Islands, lists 11–50 employees, and has $40.0M in recorded funding across 1 round.
- Headquarters
- George Town
- Employees
- 11–50
- Founded
- 2018
- Business Model
- B2B
- Website
- fantom.foundation
- Total Funding
- $40.0M
- Last Round
- $40.0M Venture RoundJun 2018
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 1 funding round for this company. The full record is or through the API.
About
Fantom is a highly scalable, open-source smart contract platform built on a directed acyclic graph (DAG) architecture. Its proprietary Lachesis consensus mechanism delivers asynchronous Byzantine Fault Tolerant (aBFT) finality, enabling transactions to confirm in approximately one second with near-zero fees. Fantom is fully EVM-compatible, allowing developers to deploy Ethereum-based applications without modification. The ecosystem hosts hundreds of DeFi, NFT, and GameFi decentralized applications, with over 2,200 smart contracts deployed on its Opera mainnet. The Fantom Foundation, a nonprofit, supports ecosystem growth through developer tooling, gas monetization programs (dApps earn 15% of gas fees generated), bridge infrastructure via LayerZero and Squid Router, and a grant program. Founded in 2018 and headquartered in the Cayman Islands, Fantom raised approximately $40 million across two early funding rounds and has positioned itself as a high-throughput alternative to Ethereum for enterprise and consumer DeFi applications.
Summary
Fantom is a Crypto & Web3 company based in George Town, Cayman Islands, founded in 2018. It lists 11–50 employees. It has raised $40.0M in total across 1 round, most recently a $40.0M Venture Round in Jun 2018.
Tech & App Stack
6 technologies & apps tracked
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Funding History
Jun 2018
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