Crypto/Web3 Startup Financial Models
Crypto and Web3 startup financial model examples in Excel, covering trading volumes, wallet usage, transaction fees, and infrastructure subscriptions. Explore revenue forecasts, operating costs, and the cash needed to grow.

FTX
$1.00B raisedFTX is a leading digital-assets exchange offering crypto spot, futures, leveraged tokens, tokenized equities, OTC, and prediction markets.
Yuga Labs
$450.0M raisedYuga Labs is the creator of Bored Ape Yacht Club (BAYC), building an interoperable NFT-based MetaRPG gaming metaverse powered by APECoin.
Mysten Labs
$300.0M raisedMysten Labs builds foundational web3 infrastructure (smart contract language, consensus, SDK) and monetizes via token stakes in partner networks.

Mercado Bitcoin
$200.0M raised2TM is the parent holding company of Mercado Bitcoin, Brazil's largest crypto-asset exchange, operating a vertically integrated "3-in-1" platform covering distribution, trading, and custody of digital and tokenized assets.

Nexthink
$180.0M raisedSaaS platform that gives IT departments real-time endpoint telemetry, employee sentiment data, and automated remediation to manage Digital Employee Experience (DEX).

1inch Network
$175.0M raisedDeFi aggregation protocol that routes crypto swaps across 100+ liquidity sources to deliver best rates and lowest gas fees.

iTrustCapital
$125.0M raisedCrypto IRA software platform enabling 24/7 buy/sell of cryptocurrencies and precious metals inside tax-advantaged retirement accounts

Fortanix
$90.0M raisedData-first multicloud security platform that decouples security from infrastructure using Confidential Computing.

0x Labs
$70.0M raised0x Labs builds open exchange infrastructure (protocol, API, consumer app) for on-chain token trading across multiple blockchains.

Flowcarbon
$70.0M raisedFlowcarbon tokenizes institutional-grade voluntary carbon credits onto blockchain via the Goddess Nature Token (GNT), creating a liquid, transparent market open to corporate, retail, institutional, and crypto buyers.

Coralogix
$55.0M raisedCloud-native observability platform (logs, metrics, security) using patented stateful streaming analytics to decouple indexing from real-time analysis, delivering up to 70% storage savings vs. legacy tools.

Pluang
$55.0M raisedMulti-asset class investing super app for first-time retail investors in Southeast Asia, starting with Indonesia.

Aether
$49.0M raisedSynthetic biology platform that builds searchable protein indexes to engineer novel molecular assemblers for high-value industrial products.

Securitize
$48.0M raisedEnd-to-end blockchain-based platform for issuing, servicing, and trading digital private securities (security tokens).

SafeGraph
$45.0M raisedSafeGraph is the definitive data set for physical places - selling raw location/POI data via subscription to enterprises.

Veem
$31.0M raisedB2B cross-border payments platform enabling SMBs to send and receive international payments cheaply and instantly via multi-rail routing (blockchain, local payment rails, bank partners).
Diamond Standard
$30.0M raisedDiamond Standard creates and distributes the world's first regulator-approved, fungible diamond commodity - physical coins/bars backed by blockchain tokens - to enable diamonds to be traded and invested in like gold.

Calaxy
$26.0M raisedCreator economy mobile app where athletes and influencers issue personal tokens and sell fan perks (shoutouts, video calls, DMs, subscriptions) directly to their communities.

Axelar
$25.0M raisedCross-chain blockchain overlay network enabling universal transfer of assets, transactions, and state across all blockchain ecosystems.
GTX
$25.0M raisedCross-asset trading marketplace for crypto bankruptcy claims, crypto spot/futures, and eventually stocks.

SIMBA Chain
$25.0M raisedSIMBA Chain is a no-code/low-code blockchain API development platform that lets enterprises build, deploy, and manage smart-contract-backed applications across multiple blockchains without deep blockchain expertise.

Celsius Network
$20.5M raisedCrypto lending and borrowing platform that pays depositors interest on their crypto holdings and charges borrowers a higher rate - the "unbank yourself" spread business.
SolChicks
$20.0M raisedPlay-to-earn (P2E) MMORPG built on Solana, featuring 10,000 NFT "SolChick" characters with dual-token in-game economy.
Chillchat
$19.0M raisedPixel-art NFT metaverse on Solana where players create, trade, and earn via UGC worlds and characters.

