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      Burnt (XION)'s Logo

      Burnt (XION)

      Overview Fundraising Founders & Team

      Overview

      Location

      United States of America

      Launched

      2021

      Fundraising Round

      Series A

      Valuation

      --

      Cumulative Amount

      $36M

      About Burnt (XION)

      Burnt integrates & partners with likeminded entities to build the infrastructure, products and tools needed to remove the cultural and functional barriers that hinder crypto from resonating with society at large.

      Burnt is rebranded by Burnt Finance. The new name and visual direction signal their commitment to expanding the impact of Web3 beyond the confines of just DeFi.

      After a year in the making, Burnt team is revealing XION, the first chain purpose-built for consumer adoption. The first of its kind, XION is intended to remove technical crypto barriers for consumers with a toolkit that includes seamless fiat on/off ramps, direct credit card purchases, familiar Web2 logins, safe account abstraction for mobile support, and zero gas fees. At its core, XION provides us the ability to shape the economics of our ecosystem from the ground up; aligning incentives across every level: from infrastructure, to developers, from products to creators and end-users.

      Fundraising

      Seed Series A Strategic Series A
      Date: May 6, 2021
      Amount: $3M
      Valuation: --
      InvestorsTypeLocationYear Founded# Portfolio CompaniesEmail AddressSocials
      FundUnited States of America20187contact@injectiveprotocol.com
      CorporateUnited States of America201810hello@solana.com
      Date: January 17, 2022
      Amount: $8M
      Valuation: --
      InvestorsTypeLocationYear Founded# Portfolio CompaniesEmail AddressSocials
      CorporateHong Kong2014273--
      FundUnited States of America2017104hello@multicoin.capital
      FundHong Kong2017150info@alameda-research.com
      FundSingapore202077info@defiancecap.com
      FundUnited States of America201115info@valorcapitalgroup.com
      FundUnited States of America201838--
      FundSingapore2018159info@spartangroup.io
      FundUnited States of America201843hello@tribecap.co
      FundSingapore201830--
      FundHong Kong2018159contact@hashkey.capital
      Date: October 5, 2023
      Amount: --
      Valuation: --
      InvestorsTypeLocationYear Founded# Portfolio CompaniesEmail AddressSocials
      CorporateUnited States of America201380info@circle.com
      Date: April 1, 2024
      Amount: $25M
      Valuation: --
      InvestorsTypeLocationYear Founded# Portfolio CompaniesEmail AddressSocials
      CorporateHong Kong2014273--
      FundUnknown--19--
      FundUnited States of America2017104hello@multicoin.capital
      FundUnited States of America201784contact@arringtonxrpcapital.com
      FundChina200632info@draperdragon.com
      Fund--201984--
      FundUnited States of America--24info@goldentree.com

      Founders & Team

      Burnt Banksy's Logo

      Burnt Banksy