Hydra X
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Hydra X - overview
Established
2018
Location
Singapore, -, Singapore
Primary Industry
Financial Services
About
Based in Singapore, and established in 2018, Hydra X is a financial technology company that provides digital marketplace infrastructure for the tokenization capital markets. Hydra X provides financial services including token management solutions, token exchange solutions, multi-asset order management solutions, and digital self-custody solutions. The token management includes token issuance, minting, burning, and suspension of tokens. And token exchange includes trading front end, middle and back office, matching engine, OTC engine, and pricing engine.
Those services enable interoperability between traditional and digital assets.
Current Investors
AP Capital, Golden Summit Capital, MG Capital
Primary Industry
Financial Services
Sub Industries
Financial Services
Website
www.hydrax.io
Verticals
FinTech
Company Stage
Series B
Total Amount Raised
Subscriber access only
Hydra X - timeline of key events
Hydra X - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 97,106 | 811,620 | 2,241,995 | 3,902,808 | - | - | - |
| % Revenue Growth (YoY) | - | - | 735.8% | 176.2% | 74.1% | - | - | - |
| EBITDA (USD) | (384,457) | (1,049,282) | (41,457) | 1,108,115 | 2,730,534 | - | - | - |
| Operating Income (USD) | (417,168) | (1,145,651) | (125,933) | 1,034,029 | 2,614,669 | - | - | - |
| Operating Margin | - | (1179.8%) | (15.5%) | 46.1% | 67.0% | - | - | - |
| % EBITDA Margin | - | (1080.6%) | (5.1%) | 49.4% | 70.0% | - | - | - |
| NET Income (USD) | (417,069) | (1,145,651) | (125,508) | (1,034,278) | (2,614,559) | - | - | - |
| % Net Margin | - | (1179.8%) | (15.5%) | (46.1%) | (67.0%) | - | - | - |
Hydra X - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B | Completed | Hydra X | - | ||||||||
| Series B | Completed | SDAX | - | ||||||||
| Series A | Completed | Hydra X | - |
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Hydra X - employee data
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