Axoni

Axoni

Blockchain infrastructure for capital markets

Overview

Axoni builds blockchain-based infrastructure for the capital markets. Its products include blockchain deployments to securely record transactions, large-scale data management for financial datasets, bespoke smart contract development to automate agreements, analytics services to interpret data, and connectivity solutions so different systems can communicate. The company serves large financial institutions such as banks, investment firms, and trading platforms, helping them modernize operations for more efficiency, security, and transparency. Revenue comes from selling deployment, customization, data management, analytics, and integration services. Axoni differentiates itself by offering enterprise-grade distributed ledger infrastructure tailored to capital markets, combining deployment, data handling, smart contracts, analytics, and system connectivity in one platform. The goal is to enable secure, efficient, and transparent financial transactions in capital markets.

YC Company

About Axoni

Simplify's Rating
Why Axoni is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Fintech

Financial Services

Company Size

11-50

Company Stage

Late Stage VC

Total Funding

$127.1M

Headquarters

New York City, New York

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • LSEG acquisition of Veris in 2024 provides cash influx and validates technology.
  • $20M funding from EJF Ventures on April 26, 2023, extends runway beyond $110M total.
  • Wells Fargo's 2018 Series A investment signals sustained bank support.

What critics are saying

  • LSEG controls Veris IP and clients, eroding Axoni's post-trade revenue immediately.
  • DTCC's Project Ion launches Q1 2026, commoditizing data replication for Treasuries.
  • R3 Corda dominates with JPMorgan and HSBC, blocking AxCore interoperability in 6-12 months.

What makes Axoni unique

  • AxCore creates synchronized golden records via smart contracts for capital markets.
  • Axoni Credit launched in June 2023 targets credit market data synchronization.
  • Real-time data replication reduces post-trade processing costs by tens of millions annually.

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Funding

Total Funding

$127.1M

Above

Industry Average

Funded Over

6 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Stock Options

Flexible Work Hours

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-4%

2 year growth

4%
Finextra Research
Sep 17th, 2024
LSEG buys Axoni post-trade tech business

The London Stock Exchange Group (LSEG) has acquired the Veris post-trade processing business and related intellectual property from Axoni.

Asset Servicing Times
Sep 16th, 2024
Axoni sells post-trade technology business to LSEG

Axoni launched the post-trade reconciliation and lifecycle management platform for equity swaps in 2020 and has since onboarded leading banks and asset managers.

WVNEWS
Sep 5th, 2024
AXONI WINS RISK TECHNOLOGY AWARD FOR OPERATIONAL RISK INNOVATION OF THE YEAR

Axoni wins Risk Technology award for Operational Risk Innovation of the Year.

Axoni
Apr 30th, 2024
A-Team Group Names Winners of Innovation Awards 2024

Axoni wins the 2024 A-Team Innovation Award for "Most Innovative Data Quality Initiative."

Crypto Wallstreet Press
Oct 20th, 2023
Axoni Innovations Company Overview and News in 2023

Axoni Launches Axoni Credit: Axoni launched Axoni Credit in June 2023.

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