Loopring

About

Loopring is an open protocol for building decentralized exchanges.

Shanghai,Shanghai,China
1 - 10
https://loopring.org/

Highlights

Details

Last Funding Type: Initial Coin Offering
Last Funding Money Raised: $42M
Industries: Blockchain,Cryptocurrency,Ethereum
Founded date: Aug 1, 2017
Number Of Employee: 1 - 10
Operating Status: Active
Legal Name: Loopring Foundation

Loopring is an opened source protocol based on smart contracts for decentralized exchanges on the Ethereum blockchain. Loopring allows for multiple exchanges to mix and match orders, off-chain order-matching and on-chain transaction clearing and payment.

The company provides traders, participants, and institutions with a decentralized, automated trade execution system that intelligently implements their trades across the world’s crypto exchanges, shielding them from counterparty risk and reducing their trading costs.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$87M

Loopring has raised a total of $87M in funding over 2 rounds. Their latest funding was raised on Jan 1, 2019 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jan 1, 2019	Seed	—	1	—	—	Detail
Feb 5, 2018	Initial Coin Offering	$42M	3	—	—	Detail
Aug 1, 2017	Initial Coin Offering	$45M	3	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

—

7

Loopring is funded by 7 investors. Kosmos Ventures and China Growth Capital | CGC are the most recent investors.

Investor Name	Lead Investor	Funding Round
Kosmos Ventures	—	Seed
China Growth Capital \| CGC	—	Initial Coin Offering
G2H2 Capital	—	Initial Coin Offering
Simon Jenson	—	Initial Coin Offering
NEO	—	Initial Coin Offering
Fundamental Labs	—	Initial Coin Offering
Obsidian Capital	—	Initial Coin Offering