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High Tech Series A Founded 2021

Reya Network

Reya Network is a blockchain-based infrastructure platform for DeFi trading that operates as the first based-rollup DEX built on Ethereum( The platform delivers millisecond trade execution with zero trading fees and 100 percent Ethereum uptime and security( powered by 950(000-plus Ethereum validators securing every position with zk-proofs for verifiable onchain finality( Reya provides full self-custody where users…

📍 Tortola, United Kingdom · Blockchain Infrastructure,

Funding snapshot

Last roundSeries A
Amount$10M
Date26 March 2024
Total raised$10M
Team size13

About

Reya Network is a blockchain-based infrastructure platform for DeFi trading that operates as the first based-rollup DEX built on Ethereum( The platform delivers millisecond trade execution with zero trading fees and 100 percent Ethereum uptime and security( powered by 950(000-plus Ethereum validators securing every position with zk-proofs for verifiable onchain finality( Reya provides full self-custody where users control their own keys and funds( with margin locked by smart contracts until positions are closed or adjusted( The platform supports trading of perpetual futures( spot( staking( and RWAs with multiple collateral options including yield-bearing srUSD and wstETH( Reya is evolving from an L2 on Arbitrum Orbit to a modular Ethereum-native L1 stack with based-rollup architecture( delegated sequencing( and ZK finality( targeting millisecond execution with zero maker and taker fees on the app( The platform has processed $32 billion in 24-hour volume with over 10(000 traders and 70-plus markets( Founded in 2021 and headquartered in Tortola( United Kingdom( the company has raised $10.0M in Series A funding from investors including Coinbase( Wintermute( Fabric Ventures( Framework Ventures( Brevan Howard( Amber Group( and Robvc.

Business model

Blockchain Infrastructure > Blockchain Network > Finance,

Cryptocurrencies > Financial Services > Investment Industry > Crypto Market Makers

Institutional investors

Coinbase Wintermute Fabric Ventures Framework Ventures Brevan Howard Amber Group Robvc

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