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Overview
Fun.xyz provides APIs and infrastructure to build cross-chain decentralized wallets on the Odsy Network. Developers integrate wallet APIs and protocols to enable secure, interoperable wallets that manage cross-chain transfers and payments within Odsy. It specializes in Odsy Network wallet infrastructure and dWallet tooling, focusing on developer tools and cross-chain payments rather than generic wallets. Its goal is to enable a tokenized world with seamless cross-chain wallet experiences for developers and businesses on Odsy.
About Fun.xyz
Industries
Enterprise Software
Fintech
Crypto & Web3
Company Size
51-200
Company Stage
Series A
Total Funding
$82.9M
Headquarters
San Francisco, California
Founded
2022
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Simplify's Take
What believers are saying
- Series A funding supports engineering and APAC expansion.
- Stablecoin and fiat on-ramp demand boosts payments volume.
- Existing integrations with Polymarket, Aave, and Lighter validate product-market fit.
What critics are saying
- Odsy adoption stalls, limiting Fun's core ecosystem.
- Customer concentration exposes revenue to partner outages.
- Stablecoin regulation can force compliance redesigns and delay launches.
What makes Fun.xyz unique
- Odsy-based cross-chain wallet infrastructure for developers.
- Foundational APIs and protocols, not consumer wallet apps.
- dWallet tooling reduces custodial risk in Web3.
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Funding
Total Funding
$82.9M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
Benefits
Health Insurance
Flexible Work Hours
Remote Work Options
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Holidays
Wellness Program
Mental Health Support
Phone/Internet Stipend
Home Office Stipend
Conference Attendance Budget
Professional Development Budget
Stock Options
Company Equity
Hybrid Work Options
Growth & Insights and Company News
6 month growth
↓ -8%1 year growth
↓ -3%2 year growth
↓ -12%Fun, a New York-based startup building global payments infrastructure, has raised $72 million in a Series A round. The company connects traditional bank accounts to blockchain networks, focusing on what CEO Alex Fine describes as "the highest converting method for moving money on a blockchain". Fine emphasises separating blockchain technology from cryptocurrency volatility, noting that adoption of stablecoins, tokenised equities and global payments continues growing despite crypto market downturns. The platform enables individuals in developing economies to access Western markets and participate in global capitalism through tokenised assets. Fun positions itself as a key facilitator for accessing tokenised financial products, which Fine believes will play a crucial role in future blockchain-based finance. The CEO also called for clearer US regulatory guidelines to help startups navigate compliance complexities.
Play for Fun, a subsidiary of Kunlun Group, has introduced Club Koala, an innovative AI-powered user-generated content (UGC) platform.
Blockchain software development company Fun has raised $3.9 million to build on the Odsy network.
Fun announced it raised $3.9M in a pre-seed funding round led by JAM Fund, and joined by SOMA Capital, NOMO Ventures, others.
Fun, a New York-based blockchain software development company, raised $3.9M in Pre-Seed funding
Fun.xyz is Hiring for 8 Jobs on Simplify!
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About Fun.xyz
Industries
Enterprise Software
Fintech
Crypto & Web3
Company Size
51-200
Company Stage
Series A
Total Funding
$82.9M
Headquarters
San Francisco, California
Founded
2022
Fun.xyz is Hiring for 8 Jobs on Simplify!
Find jobs on Simplify and start your career today