XP.NETWORK

Company Overview

Snapshot

Founded in April 2018 by Nir Blumberger and Ruby Edelstein, XP.NETWORK operates with 11–50 employees. The company has raised $4.5 million across one funding round. In June 2021, XP.NETWORK successfully completed its $4.5 million XPNET pre-sale.

Business overview

XP.NETWORK is a platform that facilitates the seamless transfer of NFTs and funds across various blockchain networks. It provides a solution for interoperability, allowing digital assets to move between different platforms like Ethereum and Binance Smart Chain. The company operates within the Fintech & Insurtech sector, specifically focusing on Money Transfer & Management, and leverages DLT & Blockchain as a core technology.

Strategic signal

In June 2021, XP.NETWORK successfully completed its $4.5 million XPNET pre-sale. This event signals strong early investor confidence in the company's vision for cross-chain NFT and digital asset transfer, highlighting the market's demand for interoperability solutions within the burgeoning blockchain ecosystem.

Company Intelligence Q&A

What is XP.NETWORK's primary function?

XP.NETWORK functions as a platform that connects multiple blockchain networks, enabling the seamless transfer of NFTs and funds across different platforms.

When was XP.NETWORK founded and by whom?

XP.NETWORK was founded in April 2018 by Nir Blumberger and Ruby Edelstein.

What significant funding milestone did XP.NETWORK achieve?

In June 2021, XP.NETWORK successfully completed its $4.5 million XPNET pre-sale.

What is the current operational status of XP.NETWORK?

XP.NETWORK is currently non-active, having ceased to operate in January 2025.

What sector does XP.NETWORK primarily operate in?

XP.NETWORK primarily operates within the Fintech & Insurtech sector, focusing on Money Transfer & Management.