Jump Crypto

Jump Crypto

Develops infrastructure for blockchain and cryptocurrency

About Jump Crypto

Simplify's Rating
Why Jump Crypto is rated
C+
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Fintech

Crypto & Web3

Company Size

51-200

Company Stage

N/A

Total Funding

$2B

Headquarters

Chicago, Illinois

Founded

2015

Overview

Jump Crypto focuses on the development and support of blockchain and cryptocurrency projects. The team consists of builders, partners, and traders who work on creating and enhancing open-source, community-driven initiatives in the Web3 space. Their approach involves building essential infrastructure that fosters growth within the crypto ecosystem. Unlike many competitors, Jump Crypto is backed by Jump Trading Group, a well-established quantitative trading firm, which provides them with significant resources and expertise in trading across various asset classes. The goal of Jump Crypto is to unlock the full potential of the blockchain community and contribute to its long-term success.

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Simplify's Take

What believers are saying

  • Increased DeFi interest boosts demand for Jump Crypto's infrastructure solutions.
  • Partnerships in decentralized identity verification expand Jump Crypto's tech offerings.
  • Solana's growing adoption enhances Jump Crypto's influence in the blockchain space.

What critics are saying

  • Legal issues with Fracture Labs could harm Jump Crypto's reputation.
  • Funding involvement in startups like Humanity Protocol poses financial risks.
  • Potential vulnerabilities in Firedancer software could be exploited if unaddressed.

What makes Jump Crypto unique

  • Jump Crypto is a division of the renowned Jump Trading Group.
  • They focus on building critical infrastructure for blockchain and Web3.
  • Jump Crypto partners with major crypto communities for long-term ecosystem growth.

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Funding

Total Funding

$2012.2M

Above

Industry Average

Funded Over

0 Rounds

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Life Insurance

Paid Vacation

401(k) Company Match

Paid Parental Leave

Wellness Program

Company News

Yahoo Finance
Jan 27th, 2025
Humanity Protocol raises $20M, valued $1.1B

Humanity Protocol has achieved a fully diluted valuation of $1.1 billion after raising $20 million in a funding round co-led by Pantera Capital and Jump Crypto. The company, which uses palm scans for identity verification, plans to expand its product launch in the coming months. The protocol aims to combat bots, fake accounts, and online fraud. Humanity Protocol is also preparing to launch its own crypto token, anticipating a favorable environment under President Trump's administration.

Pulse 2.0
Dec 27th, 2024
Nodepay Raises $7M for Decentralized AI

Nodepay, a decentralized AI platform, has raised a second funding round, totaling $7 million. New investors include IDG Capital, Mythos, and others, joining previous backers like Animoca Brands and OKX Ventures. Nodepay uses a global network of users sharing internet bandwidth to enhance AI training through Retrieval Augmented Generation (RAG). The funds will help commercialize its infrastructure and prepare for a launch on Solana, serving over 1.5 million users worldwide.

Foresight News
Nov 5th, 2024
去中心 AI 训练网络 Nodepay 完成新一轮融资,Animoca Brands 等参投

去中心 AI 训练网络 Nodepay 完成新一轮融资,Animoca Brands、Jump Crypto、Elevate Ventures、OKX Blockdream、Mirana Ventures、NGC Ventures 等参投。具体融资金额和估值信息暂未披露。Nodepay 支持用户将未使用的互联网带宽用于 AI 训练并将贡献转换为数字资产,继而推动推动人工智能技术的发展,其平台称通过区块链技术可以确保数据来源隐私。

Crypto Data Space
Oct 18th, 2024
Fracture Labs Sues Jump Crypto Over Alleged Pump-and-Dump Scheme

Fracture Labs, the developer behind the Web3 game Decimated, has filed a lawsuit against Jump Crypto, claiming the market maker orchestrated a pump-and-dump scheme involving the game's in-game currency, DIO.

Cointelegraph
Oct 18th, 2024
Game developer sues Jump Crypto for alleged pump and dump, $1.4M freeze

Fracture Labs, creator of the Web3 game Decimated, has filed suit against market maker Jump Crypto for allegedly orchestrating a pump-and-dump scheme using its in-game currency, DIO.

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