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Loopring logo — Loopring is an Ethereum L2 super app, providing users with a...

Loopring

Loopring is an Ethereum L2 super app, providing users with a low fee, high speed DeFi and NFT experience.

Founded 2017 China Shanghai, China 12 employees Seed Total: $14.00M Blockchain, Crypto

General Information

Company Name Loopring
Founded Year 2017
Location China Shanghai, China
Employees 12
Industries Blockchain, Crypto
Funding Stage Seed
Social

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About Loopring

Loopring is an Ethereum Layer 2 protocol for scalable, secure DeFi and NFT applications. Leveraging zero-knowledge proofs (zkRollup), it allows for high performance trading (high throughput, low settlement cost), without sacrificing Ethereum-level security guarantees. Users always maintain 100% control of their assets throughout the trade lifecycle. This aligns with their slogan, "Loopring is an Ethereum L2 super app, providing users with a low fee, high speed DeFi and NFT experience." Founded in 2017 and headquartered in China, Loopring secured a Seed Round investment on 01 January 2019 from Kosmos Ventures. The platform's focus on DeFi and NFT experiences within the Blockchain industry positions it well in a rapidly growing market. Loopring's technology and value proposition have attracted notable investment interest, indicating confidence in the potential impact and sustainability of the project. As a venture capital entity, it would be prudent to keep a watchful eye on Loopring's progress in the evolving DeFi and NFT space, considering its innovative approach and significant backing.

Taxonomy: Ethereum, Layer 2 protocol, DeFi, NFT, Zero-knowledge proofs, zkRollup, Decentralized exchange, Smart contracts, Cryptocurrency, Trading infrastructure, zkSNARKs, Automated trade execution, Mobile wallet, Decentralized finance

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Redefine $11.00M 3
Jump Capital Ribbit Capital ParaFi Capital
Jump Capital, Ribbit Capital +1
17 Jan 2022
Pre Seed Round Redefine $3.00M 2
MoreTech Ventures
MoreTech Ventures, Accomplice Blockchain
01 Jun 2021

Loopring Alternatives & Competitors

Loopring vs
INTMAX
INTMAX Switzerland

A zkRollup with a stateless architecture. Achieving hyper scaling and privacy at the same time!

Seed
17 employees
Blockchain, Crypto
Loopring vs
Spaceswap
Spaceswap Estonia

SpaceSwap is a one-stop station for all major Defi Services.

ICO
4 employees
Blockchain, Crypto
Loopring vs
Polynomial Protocol
Polynomial Protocol

DeFi Derivatives Powerhouse on the Ethereum blockchain

Seed
8 employees
Blockchain, Crypto

FAQ About Loopring

Loopring is an Ethereum L2 super app, providing users with a low fee, high speed DeFi and NFT experience.
Loopring was founded in 2017.
Loopring is headquartered in Shanghai, China.
Loopring operates in Blockchain and Crypto. Its work centres on Ethereum, Layer 2 protocol, DeFi and NFT.
Loopring has approximately 12 employees.
Loopring has completed 2 funding rounds, raising a total of $14.00M. The latest funding stage is Seed.
Top alternatives and competitors to Loopring include INTMAX, Spaceswap, Polynomial Protocol, SuperFarm, Injective Labs. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Loopring and INTMAX are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Loopring, https://bouncewatch.com/company/loopring, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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