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RDX Works

company

About

Radix DLT is building a decentralized finance protocol that provides access, liquidity, and programmability of any asset in the world.

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$4.10M
Industries
Blockchain,Database,Developer Tools,Finance,Financial Services,FinTech
Founded date
Jan 1, 2013
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Radix DLT

Radix DLT is building a decentralized finance protocol that provides access, liquidity, and programmability of any asset in the world. Designed to solve many of the pain points in today’s centralized financial system – involving lack of access, poor liquidity, and high costs – the company’s protocol removes these frictions through a series of technological advancements while enabling the next generation of financial apps and services to be built. Public ledgers, like the one developed by Radix, are managed and operated by the communities using them. This creates a decentralized, permissionless, transparent system that democratizes access to financial services while creating a network of assets to allow for the secure flow of data and capital. The company’s protocol not only creates a permissionless, frictionless framework upon which innovative Defi services can be developed and run, but it has also solved two of the biggest challenges – scalability and security.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$4.10M
RDX Works has raised a total of $4.10M in funding over 2 rounds. Their latest funding was raised on Jul 9, 2020 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 9, 2020 Series Unknown $4.10M 2 LocalGlobe
Taavet Hinrikus
Detail

Investors

Number of Lead Investors
Number of Investors
2
2
RDX Works is funded by 2 investors. LocalGlobe and Taavet Hinrikus are the most recent investors.
Investor Name Lead Investor Funding Round
LocalGlobe Yes Series Unknown
Taavet Hinrikus Yes Series Unknown

Employee Profiles

Number of Employee Profiles
4
RDX Works has 4 current employee profiles, including Executive Piers Ridyard
Executive
Executive
Employee
Executive