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Finom

Alte Haslenstrasse 5, Teufen, APPENZELL AUSSERRHODEN, 9053, Switzerland

Overview

Finom operates an integrated blockchain ecosystem built from Nanopool, TabTrader, Cryptonit, Cryptal and Beetle.io, collectively serving more than half a million users. Its platform spans Ethereum mining, mobile exchange trading, brokerage and mining services, with plans to add cryptocurrency wallets linked to debit cards in 2018 and launch a full cryptocurrency bank and terminal network by 2020. The company issues two tokens: FIN, a security token that represents equity and dividend rights, and NOM, a utility token used for fees and discounts within the ecosystem. Nanopool is already the world’s third-largest Ethereum mining pool, while TabTrader supports mobile trading on major exchanges such as Bittrex and Kraken. Finom’s financial strategy blends traditional equity with blockchain assets; it has just booked 7,760 ETH as stock capital and is conducting a token sale that targets $102 million in proceeds. Following the Ether contribution, its registered stock capital now stands at 2.5 million Swiss francs. The firm positions itself as a regulated gateway bringing blockchain finance to mainstream users.

Total raised
$3M
Funding rounds
1
Latest round
Equity
Latest activity
Dec 2017

Industries

  • Association
  • Blockchain
  • Financial Services
Visit website

Recent funding

  1. Equity

    Dec 2017

    $3M

Team

  • Rustam Kutuev

    Finance and Administration

    LinkedIn