Details

Last Funding Type

Series Unknown

Last Funding Money Raised

$4.10M

Industries

Blockchain,Database,Developer Tools,Finance,Financial Services,FinTech

Founded date

Jan 1, 2013

Number Of Employee

11 - 50

Operating Status

Active

Legal Name

Radix DLT

Radix DLT is building a decentralized finance protocol that provides access, liquidity, and programmability of any asset in the world. Designed to solve many of the pain points in today’s centralized financial system – involving lack of access, poor liquidity, and high costs – the company’s protocol removes these frictions through a series of technological advancements while enabling the next generation of financial apps and services to be built. Public ledgers, like the one developed by Radix, are managed and operated by the communities using them. This creates a decentralized, permissionless, transparent system that democratizes access to financial services while creating a network of assets to allow for the secure flow of data and capital. The company’s protocol not only creates a permissionless, frictionless framework upon which innovative Defi services can be developed and run, but it has also solved two of the biggest challenges – scalability and security.