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Enterprise Infrastructure Series A Founded 2022

Nexus

Nexus is a blockchain infrastructure company that provides a Layer 1 blockchain platform purpose-built for verifiable finance, high-frequency cryptocurrency trading, and decentralized finance applications. The platform operates a specialized blockchain network designed to handle rapid financial transactions through a custom zero-knowledge virtual machine (zkVM) that runs on distributed nodes worldwide, enabling…

📍 San Francisco, United States · Programming Languages,

Funding snapshot

Last roundSeries A
Amount$25M
Date10 June 2024
Total raised$27M
Team size437

About

Nexus is a blockchain infrastructure company that provides a Layer 1 blockchain platform purpose-built for verifiable finance, high-frequency cryptocurrency trading, and decentralized finance applications. The platform operates a specialized blockchain network designed to handle rapid financial transactions through a custom zero-knowledge virtual machine (zkVM) that runs on distributed nodes worldwide, enabling verifiable computation at scale. Nexus includes an exchange for perpetual futures trading with up to 50x leverage, a native stablecoin called USDX for unified settlements, and developer tools for building DeFi applications on the network. The platform's zero-knowledge proof architecture enables high-throughput transaction processing while maintaining privacy and verifiability, making it suitable for financial applications that require both speed and trustless verification. The zkVM supports programmable zero-knowledge applications, allowing developers to build complex financial smart contracts with provable correctness. Founded in 2022 and headquartered in San Francisco, California, Nexus has raised $27.2M in Series A funding from investors including Lightspeed Venture Partners, Pantera Capital, Dragonfly, Faction VC, SV Angel, Blockchain Builders Fund, and Alliance DAO.

Business model

Programming Languages > Cryptographic > ZK SNARK Proofs,

Blockchain Infrastructure > Middleware > Rollups > Zero Knowledge

Team background

College Wise > Stanford University

Institutional investors

Lightspeed Venture Partners Pantera Capital DRAGONFLY Faction VC SV Angel Blockchain Builders Fund Alliance DAO

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