Merit provides a digital currency called MRT alongside a proprietary wallet, both of which are now generally available to users who receive an invitation. The platform is built to make cryptocurrency use simple for mainstream consumers, enabling day-to-day actions such as splitting restaurant bills or purchasing clothing online. By limiting access through invitations, the company aims to foster a trusted, community-driven ecosystem. Founder and CEO Adil Wali positions Merit as a bridge between traditional internet users and decentralized finance, emphasizing ease of use and practical spending scenarios. The organization emerged from stealth with internal capital rather than outside venture backing. Specific operating metrics like user numbers or revenue have not been disclosed. The company is headquartered in Seattle, Washington.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

May 2018