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XinFin

111 North Bridge Road #08-04 Peninsula Plaza, Singapore, 179098

Overview

XDC Network is an enterprise-grade, carbon-neutral, EVM-compatible Layer 1 blockchain that uses a delegated proof-of-stake variant (XDPoS) to deliver ~2-second transactions, near-zero gas (~$0.0001), and over 2,000 TPS. The protocol emphasizes interoperability with ISO 20022 financial messaging standards and targets institutions, retail users, and entrepreneurs. A growing set of smart contract projects — including DEXs, metaverses, NFT marketplaces, oracles, decentralized email and cloud storage, payment dApps, legal document repositories, and tokenized real-world assets — has been built on the network. The founders have leveraged a portion of their personal token allocations to secure external funding to accelerate ecosystem growth. The network plans to expand Layer 2 projects and on-chain activity to increase adoption and Total Value Locked (TVL). LDA Capital’s involvement is intended to fund new ventures and provide strategic counsel to support technological innovation and broader adoption.

Total raised
$50M
Funding rounds
1
Latest round
Equity
Latest activity
Oct 2022

Industries

  • Blockchain
  • Internet
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Recent funding

  1. Equity

    Oct 2022

    $50M

Team

  • Atul Khekade

    Co-Founder, Technology & Ecosystem Development

    LinkedIn
  • Peter Yeo

    Co-Founder

    LinkedIn
  • Ritesh Kakkad

    Co-Founder, Early Investor, Blockchain Strategist

    LinkedIn
  • Emerson Samfilippo

    Marketing and Product

    LinkedIn