Join Our Mailing List
Thursday January 26, 2023
Bitcoin (BTC) $23,053.18   Ethereum (ETH) $1,607.33
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Capital Raising

Origin Protocol gets $28.5 million in funding from FBG, BlockAsset, and others

Published by CryptoNinjas.net
04/25/2018
Origin Protocol gets $28.5 million in funding from FBG, BlockAsset, and others

Origin Protocol, a San Francisco-based startup that is building the infrastructure for a new decentralized sharing economy, has announced that the company has closed a $28.5 million strategic round from an all-star group of investors. The company, which looks to replace an industry of multi-million and even multi-billion-dollar companies with open source software, has already grown to an ecosystem of over 45 companies looking to build on top of their blockchain platform.

Since launching in June of 2017, Origin Protocol has grown to a community of over 22,000 people on Telegram and has commitments from over 45 companies that intend to build decentralized sharing economy applications that directly compete with giant companies like Uber and Airbnb. The growing list of projects ‘building on Origin’ have all adopted a model of blockchain decentralization that will allow for lower fees for the customer, better control of user data, stronger protections, more profit sharing for workers and more.

Origin empowers developers and businesses to build decentralized marketplaces directly on the blockchain by making it easy to create and manage listings for the fractional usage of assets and services. Buyers and sellers can discover each other, browse listings, make bookings, leave ratings and reviews, and much more.

“With a strong group of strategic investors behind us, the new capital will be used to continue to build out our world-class engineering, product, and business teams as we gear up for a full platform deployment. We’re also allocating capital to support our developer partners that are building on Origin and to find creative ways to give back to the community.”

Matthew Liu Co-founder of Origin Protocol

The company confirmed that a group of traditional Silicon Valley investors and crypto funds have supported the project in a strategy sale round that was offered to a select group that would help bring the Origin vision to reality, including:

  • Foundation Capital, venture investor in sharing economy companies like Uber, Luxe, and Peerspace
  • Garry Tan, former Y Combinator partner and first investor in Coinbase and Instacart
  • Alexis Ohanian, founder and former CEO of Reddit
  • Gil Penchina, AngelList’s top syndicate lead
  • Kamal Ravikant, an investor in Protocol Labs (creator of IPFS and Filecoin)
  • Steve Jang, Uber’s founding advisor, and early angel
  • Randall Kaplan, founder of Akamai

The traditional investors are joining an international group of top cryptocurrency investors, that include:

  • BlockTower Capital, Turing Capital (United States)
  • 1kx fund (Germany)
  • FBG, Danhua Capital, Continue Capital, PreAngel Fund (China)
  • Hashed (South Korea)
  • Smart Contract Japan, Red Robot (Japan)
  • Kenetic Capital (Hong Kong)
  • BlockAsset, Spartan Group, Iconic, Beyond Blocks (Southeast Asia)
  • KBW Ventures (Middle East)
19
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Blox integrates Origin Protocol to enable bookkeeping for P2P market operators

01/13/2020
Blox integrates Origin Protocol to enable bookkeeping for P2P market operators

Blox, a platform for crypto accounting, tax and asset management, has announced a collaboration with Origin Protocol, a blockchain platform for building decentralized marketplaces, to enable automated tools for helping operators, investors and finance...

Read more

Origin Protocol launches mainnet beta of its marketplace DApp

10/10/2018
Origin Protocol launches mainnet beta of its marketplace DApp

Origin, a protocol for creating peer-to-peer marketplaces using the Ethereum blockchain and IPFS today announced the launch of the beta version of its mainnet. At the end of September, the Origin team quietly launched...

Read more

Jupiter Chain and Deloitte to deploy blockchain powered data exchange in Southeast Asia

09/18/2018
Jupiter Chain and Deloitte to deploy blockchain powered data exchange in Southeast Asia

Singapore-based Jupiter Chain and Deloitte announced today a strategic collaboration to implement in Southeast Asia an innovative data exchange which provides consumers with a fully transparent avenue for monetizing their data by connecting with businesses on...

Read more

SciDex to utilize Origin Protocol for creation of marketplace

09/05/2018
SciDex to utilize Origin Protocol for creation of marketplace

SciDex, a protocol unlocking human readable and adaptable smart contracts has recently announced a partnership with open source blockchain platform Origin Protocol for the creation of its SciDex marketplace. While SciDex is primarily focused...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
6 Best Cloud Mining Platform In 2022

6 Best Cloud Mining Platform In 2022

11/20/2022
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

01/05/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy