Multichain (formerly Anyswap)
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | 1.1m | 1.4m |
% growth | - | 29 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$350k | Grant | ||
* | $60.0m | Seed | |
Total Funding | $60.4m |
Recent News about Multichain (formerly Anyswap)
EditMultichain.org is a technology startup that operates in the blockchain sector. The company's primary offering is a platform that enables the creation and management of private blockchains. A blockchain is a type of database that stores information in blocks that are chained together. It's a technology that gained prominence with the rise of cryptocurrencies like Bitcoin, but it has many other potential uses.
Multichain's platform is designed to be used by organizations that want to harness the power of blockchain technology but don't have the resources or expertise to build their own systems from scratch. This includes businesses in a wide range of sectors, from finance to supply chain management, who are looking to improve their operations and create new, innovative services.
The company's business model is based on providing its platform as a service. This means that clients pay a subscription fee to use the platform, with the price depending on factors like the number of users and the level of functionality required. This model provides Multichain with a steady stream of revenue and allows it to scale its operations efficiently.
In terms of its market, Multichain operates in the rapidly growing blockchain technology sector. This is a global market, with potential clients in every region and industry. The company is well-positioned to take advantage of the increasing interest in blockchain technology and its potential applications.
Keywords: Blockchain, Technology, Platform, Service, Subscription, Finance, Supply Chain, Innovation, Global Market, Scalability.