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Radar · Blockchain Technology in Shanghai

Best Blockchain Technology Companies in Shanghai, China

The 55 best Blockchain Technology companies in Shanghai, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Distributed Credit Chain.

55companies tracked
$304.3Mdisclosed funding
0unicorns
24have raised
FLIAR INTELLIGENCE · BLOCKCHAIN TECHNOLOGY × SHANGHAI

Our analysis of 247 Blockchain Technology companies

$15.7b in tracked funding; 95% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.

247companies analysed
95%cloud-native stacks
2024funding peak (by rounds)
20unicorns
2021median founding year

Ranked: Best Blockchain Technology companies in Shanghai

#CompanyDisclosed fundingLast roundStageFoundedFounderTech stackRecent signals
1Alphacat
AI-based decentralized robo advisor marketplace
——Deadpooled2017———
2APEX Network
Blockchain services provider
——Funding Raised2011Jimmy Hu
Co-Founder & CEO
——
3ATMatrix
Blockchain and AI services provider
——Deadpooled2017Feller Gao
CEO
——
4Block72
Blockchain consultants
——Unfunded2016Minhui Chen
CEO
——
5C2CX
Cryptocurrency exchange platform
——Unfunded2013Scott Freeman
CEO
——
6COT
Public blockckchain based on IoT
——Deadpooled2018Wang Wen
Founder & CEO
——
7DAEX
Decentralized clearing and settlement system
——Deadpooled2018Hua Zhang
Co-Founder
——
8Elephant Wallet
Wallet solutions provider for cryptocurrencies
——Deadpooled2019Rong Chen
Founder & Chairman
——

Top 12 Blockchain Technology companies in Shanghai

#1
Seed · Xuhui, Shanghai · founded 2018 · 5 employees
$21Mraised
▾

Provider of bitcoin adoption solutions, financial products, and digital asset services. It offers bitcoin and liquid wallet for stablecoin support. The company develops financial products for bitcoin investors and provides military-grade bitcoin storage solutions. It also offers a platform for digital patronage with bitcoin. Furthermore, it provides advisory services to nations for bitcoin adoption, covering infrastructure, exchange operations, wallet development, and mining.

Fliar Intelligence Index™ 29how this company ranks against its industry peers
Tech
top 39%
Funding
top 40%
Growth
top 45%
Talent
bottom 49%
Global
bottom 38%
Market
bottom 18%
Tech: 33 technologies across 4/8 capability areas · Cloud: Cloudflare, Google Cloud · Security: Cloudflare Turnstile, Hsts
Funding: Raised $21.0M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) · Last round Seed (Jan 2025)
Growth: Web rank 10,000,000 → 50,000,000 YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 4k LinkedIn followers — 16.1% of this cohort's audience
Activity (LinkedIn): 3 product launches announced in 12 mo
Funding rounds
  • Jan 2025Seed$5M
  • Apr 2022Seed$21M
Founders & team
Samson MowFounder & CEO
Investors
El Zonte Capital, Fulgur Ventures, Tether, Grupo Salinas, Lightning Ventures, East Ventures
Tech stack
Cloudflare TurnstileDreamhostGoogle CloudGoogle Cloud CdnGoogle WorkspaceHsts
#2
Series A · Shanghai, Shanghai · founded 2022 · 32 employees
$37Mraised
▾

Online platform for decentralized Zero knowledge rollup. The platform bridges token between Ethereum A1 and Taiko A1. ZK-Rollup scales computation by executing, aggregating, and providing off-chain, and validity-proof verification

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 8.1% of this cohort's audience
Funding rounds
  • Mar 2024Series A$15M
  • Jun 2023Seed$12M
  • 2022Seed$10M
Investors
Faction VC, Hashed, Generative Ventures, Token Bay Capital, Wintermute, Presto Labs
Tech stack
GodaddyGsapHstsNext.JsNext.Js App RouterNode.Js
#3
Series B · Shanghai, Shanghai · founded 2020 · 14 employees
$38Mraised
▾

Decentralized trading platform for synthetic assets. It features an Ethereum-based futures market for multiple assets, including Ethereum native, cross-chain, and off-chain real-world assets. It provides trading pairs, automated liquidators, and more.

Fliar Intelligence Index™ 16how this company ranks against its industry peers
Funding
top 38%
Tech
top 39%
Global
bottom 38%
Growth
bottom 35%
Market
bottom 17%
Funding: Raised $38.0M across 3 rounds · 3 rounds over 5 yrs (0.6/yr) · Last round Series B (Oct 2023)
Tech: 26 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Nginx
Global: Investors from 3 countries beyond China
Audience (LinkedIn): 1k LinkedIn followers — 4.2% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Corean Growth Lead, Social Media Manager
Activity (LinkedIn): 2 product launches announced in 12 mo
Funding rounds
  • Oct 2023Series B$22M
  • Jun 2021Series A$14M
  • Jan 2021Seed$1.4M
Investors
Polychain, Framework Ventures, Pantera Capital, Bybit, Wintermute, CMS Ventures
Tech stack
Amazon CloudfrontAmazon Web ServicesAnt DesignCloudflareCloudflare Bot ManagementEthers
#4
Series B · Shanghai, Shanghai · founded 2019 · 8 employees
$25Mraised
▾

Provider of a online crypto wallet. It offers solutions such as Defi wallet for managing & tracking Defi portfolio, data & analytics for decentralized lending, stablecoins, comparison platform for decentralized changes, and more. It provides token swap for token exchange.

Funding rounds
  • Dec 2021Series B$25M
Investors
Sequoia Capital, Youbi Capital, Coinbase, CRYPTO, Ledger, Circle
Tech stack
Amazon CloudfrontAmazon SesAmazon Web ServicesCloudflareCloudflare Bot ManagementCore-Js
#5
Funding Raised · Shanghai, Shanghai · founded 2017
$49Mraised
▾

Distributed Credit Chain (DCC) is the distributed banking public blockchain. Offers a decentralized ecosystem for financial service providers. Provides credits for financial transactions between lenders and borrowers, businesses and individuals. Services offered include loan registration service, consumption loans, consumption installment, blockchain credit card, token loan service, mortgage claim registration, and asset distribution.

Funding rounds
  • May 2018ICO$49M
Founders & team
Stewie ZhuFounder & CEO
Investors
Transference
Tech stack
Nginx
#6
Funding Raised · Shanghai, Shanghai · founded 2017
$36.3Mraised
▾

Loopring is a protocol blockchain designed to build decentralized exchanges. It can be deployed on top of any public blockchain that has smart contract support. Users don't need to send tokens to any party for custody. They can transfer tokens after orders have been submitted and the platform automatically adjusts order amounts during settlement. Loopring protects users from threats such as exchange bankruptcies and hacking.

Funding rounds
  • Aug 2017ICO$36.3M
Founders & team
Jay ZhouCo-Founder & COODaniel WangCo-Founder & CEO
Investors
V3NTURES, Fundamental Labs, Obsidian Capital, Kosmos Ventures, Hashchain Capital, StarWin Capital
Tech stack
AosCloudflareCore-JsEmotionFont AwesomeGoogle Analytics
#7
Deadpooled · Shanghai, Shanghai · founded 2018
$30Mraised
▾

Easy Pay Chain aims to provide blockchain-based cross-border payment & asset transfer platform. The platform is an open & collaborative community of the providers of cloud computing resources; cross-border e-commerce platforms; digital asset exchanges of shopping websites; offline operators; miners and consumer groups.

Funding rounds
  • Aug 2018Series B$30M
Founders & team
Brandon ClarkCEO
Investors
Fenbushi Capital
#8
Deadpooled · Shanghai, Shanghai · founded 2017
$21.8Mraised
▾

Hero Node is a decentralized platform for fog computing. It is a node network containing the public chain service, IPFS storage, off chain computing etc. Offers an API gateway providing network protocols. The network is powered by Hero Node utility token.

Funding rounds
  • May 2018ICO$21.8M
Founders & team
Guoping LiuCo-FounderRuoxin ZhangCo-Founder
Investors
StarWin Capital, Rootscap, Bitrisevc
#9
Seed · Shanghai, Shanghai · founded 2021
$2.5Mraised
▾

NFT-based trading platform for horse racing games. It enables users to explore, race, breed NFT horses. It offers a free-to-play-and-earn horse racing metaverse where anyone can earn tokens through skilled gameplay.

Funding rounds
  • Apr 2022ICO$1M
  • Mar 2022Seed$2.5M
Founders & team
MuseCo-FounderKarmCo-FounderMikeCo-Founder
Investors
Old Fashion Research, AVentures DAO, Avalaunch, Shima Capital, LD Capital, Keychain Capital
#10
Seed · Shanghai, Shanghai · founded 2017 · 20 employees
$14.6Mraised
▾

Hashgard provides a blockchain-based solution for asset management in digital finance for both individuals and institutional investors. Aims to develop an asset management ecosystem that provides identity authentication, prediction markets, asset lending, content distribution and data verification.

Funding rounds
  • Aug 2018Seed—
  • Jun 2018ICO$14.6M
  • May 2018Seed—
Founders & team
Tom HuangCo-Founder & COOCharlie XuCo-Founder
Investors
Jrrcrypto, Fenbushi Capital, BKFUND, Transference, Consensus-Lab, Bitrisevc
#11
Funding Raised · Shanghai, Shanghai · founded 2021
$3.2Mraised
▾

Developer of 3D MMORPG game based on blockchain technology. The game offers an NFT marketplace for trade, rent, and auction. Also, provide real-time online auctions of rare items.

Funding rounds
  • Dec 2021ICO$3.2M
Founders & team
Mathew NguyenCEO
Investors
RR2 Capital, 7 O'clock Capital, AC Capital, Infinity Capital, Avstar, GAINS Associates
#12
Funding Raised · Shanghai, Shanghai · founded 2017 · 16 employees
$11.8Mraised
▾

DeepBrain Chain is a decentralized compute sharing platform. Aims to develop an artificial intelligence computing platform for AI products. The AI computing nodes in the network can take multiple forms, including full-function nodes composed of large GPU/FPGA server clusters; independent nodes composed of idle GPU servers and idle GPUs owned by individuals. Mining nodes earn their income via AI processing fees paid by AI companies in exchange for computing power and mining rewards from the system. The platform is powered DeepToken.

Funding rounds
  • Dec 2017ICO$11.8M
Founders & team
Jack LeeCo-FounderYong HeCEO
Investors
Amplifi Capital, Gobi Partners
Tech stack
CloudflareCloudflare Browser InsightsCore-JsElement UiHstsHttp/3

Funding & investor landscape

$304.3Mtotal disclosed funding
19companies funded
25disclosed rounds
0rounds last 90 days
Most active investors
IOSG Ventures6 rounds
Fenbushi Capital4 rounds
Redline DAO3 rounds
SNZ3 rounds
AC Capital2 rounds
BKFUND2 rounds
Bitrisevc2 rounds
Bixin Invest2 rounds
Blockchain R&I2 rounds
CDI2 rounds

Notable founders

Samson Mow
Founder & CEO · Jan3.com
Stewie Zhu
Founder & CEO · Distributed Credit Chain
Jay Zhou
Co-Founder & COO · Loopring
Daniel Wang
Co-Founder & CEO · Loopring
Brandon Clark
CEO · Easy Pay Chain
Guoping Liu
Co-Founder · Hero Node
Ruoxin Zhang
Co-Founder · Hero Node
Muse
Co-Founder · MetaDerby
Karm
Co-Founder · MetaDerby
Tom Huang
Co-Founder & COO · Hashgard
Charlie Xu
Co-Founder · Hashgard
Mathew Nguyen
CEO · SOUNI
Prism market signals · China · country-scoped Prism corpus, 3,823,298 docs

Market landscape — 10 sub-themes by coverage

Share of Blockchain Technology coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH IN SHANGHAI · Finance

How research on Blockchain in Shanghai is moving

A read on the academic research around Blockchain in Shanghai — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 531 papers.

Shanghai Jiao Tong University and peers optimistically advance blockchain applications, IoT integration, and cryptography-driven privacy, with 91% of 531 papers published post-2020 and minimal concern.

531 papers · stance +0.61 · 46% breakthrough · 11% concern
breakthrough · advancement · concern
top institutions
  • Shanghai Jiao Tong University154
  • Shanghai Electric66
  • Shanghai Maritime University54
  • Shanghai University48
  • Shanghai University of Electric Power19
leading researchers
Jun Wu · Jie Li · Dezhi Han · Jianhua Li · Chengnian Long · Xi Lin
prism intelligence · tone & topics
96% positive · 3% critical tone
FinanceBusinessCryptocurrencySecurityEnergySoftware Development
▲ Breakthroughs235 · 44%
▼ 50%→44% share
▼0.9× share momentum2 median citations91% since 2021mostly methods-led
Smart contract research is surging — papers grew from 1 to 20, while Computer security newly emerged with 119 papers.
rising sub-themes (early→recent)
  • Smart contract1→20
Newly emergingComputer security 0→119 · Computer network 0→35 · Distributed computing 0→26
Landmark Towards Secure Industrial IoT: Blockchain System With Credit-Based Consensus Mechanism · 552 cites
◆ Advancements218 · 41%
▼ 50%→42% share
▼0.8× share momentum1 median citations94% since 2021mostly methods-led
Supply chain research newly emerged with 29 papers as Distributed computing rose from 1 to 26 advancements papers.
rising sub-themes (early→recent)
  • Distributed computing1→26
  • Cloud computing1→7
  • Transparency (behavior)1→5
  • Corporate governance1→4
  • Voting1→3
Newly emergingComputer security 0→94 · Database transaction 0→44 · Supply chain 0→29
Landmark Blockchain Applications in Smart Grid–Review and Frameworks · 331 cites
▼ Concerns57 · 11%
▲ 0%→11% share
2 median citations91% since 2021mostly reviews
Concern-segment field-share rose from 0% to 11%, with Computer security, Supply chain, and Traceability all newly emerging risks.
rising sub-themes (early→recent)
  • Computer security20
  • Supply chain11
  • Traceability10
  • Transparency (behavior)5
  • Database transaction5
Newly emergingComputer security 0→16 · Supply chain 0→11 · Traceability 0→9
Landmark Blockchain technology in maritime supply chains: applications, architecture and challenges · 183 cites

Common questions

How many Blockchain Technology companies are there in Shanghai, China?
Radar tracks 55 indexable Blockchain Technology companies headquartered in Shanghai, China that meet our profile-completeness bar.
What is the total funding raised by Blockchain Technology companies in Shanghai, China?
The Blockchain Technology companies in Shanghai, China on this list have raised a combined $304.3M in disclosed equity funding across 19 funded companies.
Which is the highest-funded Blockchain Technology company in Shanghai, China?
Distributed Credit Chain is the highest-funded Blockchain Technology company in Shanghai, China, with $49M in disclosed equity funding.
How many Blockchain Technology companies in Shanghai, China are funded?
19 of the 55 Blockchain Technology companies in Shanghai, China on this list have disclosed at least one equity funding round.
How many Blockchain Technology unicorns are there in Shanghai, China?
None of the Blockchain Technology companies in Shanghai, China on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Shanghai, China Blockchain Technology companies?
The most active investors in Shanghai, China Blockchain Technology companies on this list include IOSG Ventures, Fenbushi Capital, Redline DAO, SNZ, AC Capital.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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