Arpa Network
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Arpa Network - overview
Established
2018
Location
Singapore, -, Singapore
Primary Industry
IT Security/Cybersecurity
About
Founded in 2018 and based in Singapore, Arpa Network operates as a provider of a blockchain-based platform that enables users to protect their data and secure their digital wallet via its decentralized technology. Felix Xu (CEO) and Yemu X. are the co-founders of the company. In May 2024, Arpa Network raised USD 6 million in venture funding co-led by DeFiance Capital, Laser Venture Capital, Animoca Brands, Metric Ventures, Trinoto, and ArkStream Capital.
The company provides a permissionless threshold BLS (Boneh-Lynn-Shacham) network designed to enhance various blockchain applications. The firm’s primary product, Randcast, functions as a verifiable random number generator (RNG) and offers additional solutions such as secure wallets, cross-chain bridges, and decentralized custody services. The Arpa network ensures security and efficiency for decentralized systems by leveraging threshold cryptography. The organization plans to use the May 2024 funding to expand its ARPA Randcast customer base and launch new products in the market.
Current Investors
Liyuan Venture Capital, Arrington Capital, Ledger Capital
Primary Industry
IT Security/Cybersecurity
Sub Industries
IT Security/Cybersecurity, Application Integration Software, Monitoring & Security Software
Website
www.arpachain.io/
Verticals
Blockchain
Company Stage
Angel & Seed
Total Amount Raised
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