KANDO id: 1746647

Corporate information

Company type

Interoperable protocol built to facilitate the creation of next-gen financial products.

Overview

Persistence is an interoperable protocol built to facilitate the creation of next-gen financial products. The Persistence tech stack provides the infrastructure to effectively bridge the realms of DeFi and traditional finance in a variety of areas, whilst also enabling the creation of innovative crypto-facing solutions to expand the DeFi and NFT sectors. The Internet disintermediated the Media & Communications industry. Using HTTP, SMTP and TCP/IP as the foundational layers, the cost of information exchange was significantly lowered. Persistence is leveraging blockchain technology to facilitate seamless asset exchange. Using Web 3.0 protocols, Persistence aims to enable and create a suite of bleeding edge financial products in niches ranging from staking-as-a-service and tokenized real-world debt to digital art.



Funding rounds

Profile Country Notes
NGC Ventures Venture capital firm focused on investing in blockchain industry. Initial investment.

Profile Country Notes
Woodstock Fund Emerging technology fund investing in early and growth stage distributed ledger technology (DLT) startups and companies. Initial investment.

Profile Country Notes
Arrington XRP Capital Fund LP USD 100 million cryptocurrency hedge fund denominated in XRP, the digital currency developed by enterprise blockchain global payments company Ripple. Initial investment.

Profile Country Notes
TRGC Digital Asset Fund Initial investment.

Profile Country Notes
AU21 Capital Blockchain focused venture capital fund. Initial investment.

Profile Country Notes
Moonrock Capital Initial investment.

Profile Country Notes
Spark Digital Capital Research focused crypto fund that invests in the future of blockchain and tech. Initial investment.


Investment activity status
Active investor

Current team

Past employees

Selected Products / Customers

Financials