Sequence Platforms Inc.
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Sequence Platforms Inc. - overview
Established
2018
Location
Toronto, ON, Canada
Primary Industry
Software
About
Based in Canada, Sequence Platforms Inc. specializes in blockchain infrastructure, providing innovative products that enhance user experiences in the decentralized web. Sequence Platforms Inc. was founded in 2018 in Toronto, Canada, offering blockchain solutions aimed at improving decentralized interactions.
The company has undertaken five different deals since inception. The latest funding round was an Add-on Trade Sale which raised USD 125. 00 mn from Polygon Technology, bringing the total amount raised to USD 40. 00 mn.
The founder team includes Daniel Racca, Ian Ha, Maxime Fournier, Michael Sanders, Peter Kieltyka, and William Hua, with Peter Kieltyka currently serving as CEO. Sequence operates as a comprehensive provider of blockchain infrastructure, offering an array of products designed to facilitate seamless interactions within the decentralized web. Their core offerings include crypto wallets that allow users to manage multiple assets under a single account, thereby addressing challenges such as wallet fragmentation and account recovery. The platform also features 1-click cross-chain payment solutions, enabling users to transact in various cryptocurrencies across multiple blockchain networks without complex processes.
Additionally, Sequence provides a real-time indexing service that delivers crucial data, such as balances and token prices, across Ethereum Virtual Machine (EVM) compatible chains. The primary clientele for Sequence encompasses developers, DeFi applications, gaming platforms, and other blockchain-based services across international markets, including North America, Europe, and Asia. The revenue model for Sequence is built around transactional services and partnerships with developers and ecosystem builders. Revenue is generated through charges associated with the use of their crypto wallets and payment solutions, based on transaction fees or subscription plans linked to their real-time indexing service.
By providing critical infrastructure, Sequence enables businesses to implement various applications, such as decentralized finance (DeFi) solutions and gaming economies, which can attract users through innovative features like gasless transactions and easy onboarding processes. The pricing structure is designed to align with different user needs, making it accessible for both individual developers and larger enterprises. Through these strategic offerings, Sequence positions itself to capture a significant share of the growing demand for blockchain solutions in diverse sectors. Looking ahead, Sequence Platforms Inc.
plans to launch new products aimed at enhancing the functionality of their blockchain infrastructure, although specific release dates have yet to be announced. The company is targeting expansion into new geographic regions, including the Middle East and Southeast Asia, by mid-2026. The recent acquisition by Polygon Technology for approximately USD 125. 00 mn provides the resources necessary to support these growth initiatives, allowing them to enhance their capabilities and dive into regulated stablecoin payments in the U.
S.
Current Investors
Inovia Capital, Golden Ventures, Initialized Capital
Primary Industry
Software
Sub Industries
Web Applications, Social Networking & Communication Platform, Internet, Gaming
Website
www.sequence.xyz/
Verticals
Blockchain, Blockchain, Blockchain
Company Stage
Acquired
Total Amount Raised
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