Nethermind

Nethermind

Ethereum blockchain solutions and development services

Overview

Nethermind.io provides Ethereum-focused blockchain solutions, including an Ethereum client, smart contract development, security audits, Layer 2 research, MEV solutions, DeFi development, formal verification, and protocol engineering. It also supports open-source tools like Warp (an EVM-to-Cairo transpiler) and Voyager (a StarkNet block explorer) to deploy and explore on StarkNet. The company stands out by offering both core developer infrastructure and a range of services—security, verification, and MEV—along with tools that connect Ethereum with StarkNet. Its goal is to help developers, institutions, and enterprises build scalable, secure blockchain apps on Ethereum and Layer 2 networks.

About Nethermind

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

Industries

Data & Analytics

Cybersecurity

Crypto & Web3

Financial Services

Company Size

201-500

Company Stage

Grant

Total Funding

$550K

Headquarters

London, United Kingdom

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Stellar integrates Nethermind's RISC Zero Groth16 verifier live on Soroban.
  • Surge Rollup launches as ultra L2 for Ethereum developers and agents.
  • NFFL project collaborates with Near and Eigen Labs on abstraction.

What critics are saying

  • Geth's 80% node dominance erodes Nethermind's validator market share.
  • StarkNet's Q3 2024 Cairo integration obsoletes Warp transpiler revenue.
  • Lido and EtherFi exclude Nethermind from multi-client DVT shifts.

What makes Nethermind unique

  • Nethermind Ethereum Client achieves 697MGas/s throughput, outperforming rivals.
  • Warp transpiles Solidity to Cairo for StarkNet smart contracts.
  • Voyager provides StarkNet block explorer for seamless exploration.

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Funding

Total Funding

$550k

Above

Industry Average

Funded Over

2 Rounds

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

Benefits

Hybrid Work Options

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-6%

2 year growth

15%
Boundless
Feb 11th, 2026
Boundless' verifier is live on Stellar

Boundless' verifier is live on Stellar. Zero-knowledge proof verification is now live on Stellar. Nethermind has implemented the RISC Zero Groth16 verifier for Stellar smart contracts. The Stellar network's most recent protocol upgrade X-Ray (Protocol 25) also adds native cryptographic primitives that make modern proof verification practical onchain. Together, these primitives lay the groundwork for configurable, privacy-preserving applications on Stellar, a key requirement for institutions that want to scale real payment flows without exposing sensitive transaction data by default. What's new. This integration has two parts, and they work together: 1) A Groth16 verifier on Soroban Nethermind has implemented the RISC Zero Groth16 verifier to Soroban, enabling Stellar contracts to verify SNARK proofs directly onchain. 2) Native BN254 + Poseidon support (X-Ray / Protocol 25) X-Ray adds native support for BN254 and Poseidon, core primitives used across modern ZK systems. This reduces the overhead of implementing ZK cryptography purely at the contract layer and makes proof-heavy applications viable for production deployments. Privacy primitives on Stellar. The direction for privacy on Stellar is clear: keep the network transparent by default, but make privacy configurable when the use case demands it. At Meridian 2025, SDF's Chief Product Officer Tomer Weller described this trajectory as giving developers the primitives to build privacy-preserving applications while still meeting the visibility requirements of compliance-forward institutions. Boundless fits this model by letting applications prove conditions without revealing the underlying inputs. A contract can accept a proof as a cryptographic receipt: learning that a rule was satisfied, without revealing the data behind it. "Stellar has already proven itself as the go-to network for global payments. By introducing configurable privacy designed with compliance in mind, we're enabling new categories of applications and features that weren't possible before. The ability to choose transparency or privacy without compromise changes everything" shared Tomer Weller, Chief Product Officer at the Stellar Development Foundation. "What makes our recent protocol upgrade particularly exciting is the foundation it creates for builders to develop privacy solutions on Stellar and we're glad to be working alongside exceptional partners like Nethermind and Boundless, who bring deep expertise in onchain privacy. Together, we're delivering infrastructure that institutions and developers can adopt in the real-world at scale, which will take blockchain adoption to the next level." What this enables on Stellar. Private payment flows: Prove a transfer is valid without exposing amounts, counterparties, or internal business logic useful for payroll, B2B settlement, and regulated asset movement. Compliance-aware access controls: Attach authorization to flows without doxxing identity data. Prove "this party is allowed" and "this condition is met," and let Soroban enforce it as a verified input. Trust-minimized interoperability: Since Stellar can now verify proofs, developers can build workflows where proof outputs generated elsewhere are verified natively on Stellar, creating a cryptographic link between ecosystems without relying on multisigs. This is the first transaction that updates Stellar's view of Ethereum through proof verification What's next. The verifier deployment is step one. Next, the Boundless and Stellar teams are focused on marketplace integrations and repeatable patterns that make configurable privacy easy to ship on Soroban, especially for institutional flows where privacy and compliance need to coexist. As Stellar's privacy roadmap advances, these primitives become the baseline: applications can prove policy, authorization, and correctness onchain without defaulting to full data disclosure. Getting started. The verifier is live on Stellar Mainnet. Developers can begin verifying proofs. * Boundless documentation: docs.boundless.network * Boundless on Stellar: https://github.com/boundless-xyz/signal-on-stellar * Stellar Soroban documentation: developers.stellar.org * Boundless marketplace data LIVE: explorer.boundless.network * RISC Zero verifier contracts: dev.risczero.com

CRYPTOMERIA LABS PTE. LTD.
Aug 13th, 2025
Taiko Activates Preconfirmations On Ethereum Mainnet, Advancing Decentralized Rollup Performance

Taiko has collaborated with Chainbound, Gattaca, and Nethermind to support the implementation of preconfirmation functionality on its network, aiming to achieve meaningful improvements in transaction speed while maintaining a trustless architecture consistent with Ethereum's security model.

Nexus Labs
May 19th, 2025
Agentic Verifiability and the Future of Online Interactions

At ETHSF, Nexus and Nethermind organized a panel discussion as part of a Verifiable Computation event that explored the future of online interactions in the era of AI agents.

Gamma Digital Ltd
Nov 11th, 2024
Altcoins and Blockchain News

Nethermind, an Ethereum ecosystem developer, has introduced the Ethereum L2 network Surge Rollup, designed as an ultra Rollup for developers, builders, and autonomous agents to push Ethereum's limits.

Kriptokoin.com
May 9th, 2024
CHZ Coin and Four Crypto Partnerships Attracted Attention!

Finally, Ethereum ecosystem developer Nethermind collaborated with Near and Eigen Labs to develop blockchain abstraction through the NFFL project.

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