Yunphant Blockchain

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Yunphant Blockchain - overview

Established

2014

Location

Hangzhou, Zhejiang, China

Primary Industry

Financial Services

About

Yunphant Blockchain specializes in providing innovative blockchain infrastructure solutions that enhance financial digitization across various sectors, including finance, healthcare, and government. Founded in 2014 in Hangzhou, China, Yunphant Blockchain focuses on delivering blockchain technology solutions. The company has raised a total of CNY 100 million through its Series B funding round led by Fosun International, with participation from Shenzhen Capital Group, as of May 27, 2021. The CEO and founder is Butian Huang.


Hangzhou Yunphant Network Technology Co. Ltd. primarily offers advanced blockchain infrastructure solutions tailored for various sectors, focusing on financial digitization. Its core product suite includes the YunChain Blockchain Infrastructure Platform, providing foundational support for blockchain applications, and the YunDCEP, a digital currency core business platform for e-CNY transactions.


Additional offerings include the YunSCVM Smart Contract Platform and the YunBaaS Blockchain Service Platform, enhancing operational efficiency across industries such as finance, agriculture, healthcare, and government. These solutions are utilized by prominent institutions, including the People's Bank of China and major banks and exchanges, primarily marketed within China to clients engaged in digital finance and asset management. Revenue generation for Yunphant is structured around B2B engagements, collaborating with governmental and financial institutions to provide its suite of blockchain solutions. The company engages in contractual agreements with clients that likely involve service subscriptions and project-based partnerships, particularly for its flagship products, YunChain and YunDCEP platforms.


Transactions are centered around service fees tied to the implementation and ongoing support of its technologies. While specific pricing plans are not disclosed, the comprehensive nature of their offerings suggests a tailored pricing model designed to meet the unique needs of their diverse client base. Following the CNY 100 million raised in Series B funding on May 27, 2021, Yunphant Blockchain plans to invest in business development, talent recruitment, technology innovation, and digital finance. The company is focused on launching new products to enhance its service offerings and aims to expand its presence into new geographic markets, particularly targeting increased engagement in digital finance sectors.


Specific release dates for upcoming products have not been disclosed.


Current Investors

WI Harper Group, Shenzhen Capital Real Estate Fund, Yongxi Assets

Primary Industry

Financial Services

Sub Industries

e-Financial, IT Infrastructure, IT Security/Cybersecurity

Website

www.yunphant.com

Verticals

Blockchain, Blockchain, Blockchain, FinTech, RegTech

Company Stage

Series B

Total Amount Raised

Subscriber access only

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