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Bastion

Bastion

Integrates web3 infrastructure for businesses

About

Bastion offers a compliant, white-label platform for businesses to integrate web3 infrastructure, including custodial wallets, smart transaction routing, and data analytics, to optimize digital interactions for organizations of any size and customer base.

Company Stage

Seed

Employees

11-50

Industries

Fintech, Crypto & Web3, Financial Services

Total Funding

$25M

Headquarters

N/A

Founded

2023


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Simplify's Take

What believers are saying

  • The significant funding from a16z crypto provides Bastion with ample resources to innovate and expand.
  • Bastion's mission to simplify blockchain adoption for traditional enterprises positions it well for future growth as more companies explore web3 technologies.
  • The leadership team's background with a16z crypto offers strategic advantages in navigating the competitive landscape and forming key partnerships.

What critics are saying

  • The nascent stage of web3 technology adoption could result in slower market penetration and revenue generation.
  • Dependence on the volatile crypto market may pose financial risks and impact investor confidence.

What makes Bastion unique

  • Bastion is co-founded by former a16z crypto executives, providing it with unparalleled industry expertise and connections.
  • The company focuses on bridging traditional enterprises with web3 technology, a niche yet rapidly growing market.
  • Bastion's recent $25 million funding round led by a16z crypto underscores strong investor confidence and financial backing.

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Growth & Insights
Headcount

6 month growth

30%

1 year growth

112%

2 year growth

142%

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