XION

Name

XION

Website

https://xion.burnt.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

XION (now Verona/Burnt) is a private New York-based verification infrastructure company founded in 2021 that builds cryptographic proof primitives (zkTLS, zkEmail, zkPassport, zkPhoto, App Attestation) on a Layer-1 blockchain, serving 150+ brands, 2,400+ institutions via Fireblocks, and AI agent developers.

Ownership category

akta.pro rank

Product category

Cryptographic Verification Infrastructure

NAICS

Web Search Portals and All Other Information Services (51929)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Privacy, Data Protection & Compliance (zk compliance, GDPR/PII handling) (FSAPAJAM)

akta.pro secondary industries

Proof of Reserves, Attestations & On-Chain Audit/Assurance (FSADALAK), App Security, Compliance & Review Automation Platforms (BPAMADAJ)

Keywords

• Zero-knowledge verification
• Cryptographic proof network
• Blockchain infrastructure
• Digital identity verification
• Privacy-preserving authentication

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations

Revenue model

1. EarnOS Platform: EarnOS product aims to reduce customer acquisition costs and enhance user engagement for enterprise customers. Platform is being prepared for major launch to serve brands across multiple industries.
2. Verification Services: Cryptographic verification infrastructure provided as a service to brands across advertising, finance, insurance, and healthcare industries.
3. Enterprise Blockchain Applications: Enterprise-scale blockchain applications through Layer-1 infrastructure and Fireblocks integration, targeting 2,400+ institutions and network with $10T in digital asset transactions secured.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

XION (now Verona, part of the Burnt/XION/Verona unified proof network) is a cryptographic verification infrastructure company that uses zero-knowledge proofs to verify user data across websites (zkTLS), email (zkEmail), identity documents (zkPassport), photos (zkPhoto), and mobile apps (App Attestation) without exposing the underlying data. The platform exposes a unified API for payments, credentials, and tamper-proof records that enterprises integrate to power AI agents, marketplaces, lending, and compliance workflows, while its flagship consumer app ero rewards users for verified data.

Product overview

XION operates as a verification infrastructure company (rebranded from a Layer-1 blockchain) that has unified with Burnt and Verona into one proof network. The core offering consists of XION Verification Infrastructure and the Verona Proof Network, which work together to enable cryptographic verification of user data across multiple sources (websites, email, identity, photos, mobile apps). The ecosystem includes flagship consumer product 'ero' for rewarding verified users, the $VERONA token for network participation and payments, and integration with Fireblocks for enterprise blockchain access. EarnOS represents an upcoming product focused on reducing customer acquisition costs through verified engagement.

Differentiator

Problem solved

Functional benefit

Brands

• ero: The flagship product built on Verona. Utilized by the world's biggest brands, rewarding users for who they are and their verified data.
• EarnOS

Products and services

• XION Verification Infrastructure (formerly Layer-1 Blockchain) A Layer-1 blockchain-based verification infrastructure platform that delivers cryptographic verification of real-time data (websites, email, identity, photos, mobile apps) through zero-knowledge proofs. It functions as an invisible backend layer for brands across advertising, finance, insurance, and healthcare to combat fraud, synthetic content, and the Internet trust crisis.
• Verona Proof Network The unified decentralized network of verifiable data formed by unifying Burnt, XION, and Verona. It enables facts to be verified once at the source via zkTLS, zkEmail, zkPassport, zkPhoto, and App Attestation, and trusted and reused across AI agents, marketplaces, lending, compliance, and other applications without exposing underlying data.
• ero Flagship consumer product built on the Verona proof network that enables users to get verified and earn rewards from brands for verified identity and engagement, monetizing users' own verified data rather than having others profit from it.
• $VERONA Token Native utility token of the Verona network used to secure the network through staking, participate in rewards, and power verUSD payments and programmable payments across the verification network.

Quantifiable outcome

• Over 150 brands adopted XION's verification technology
• +1 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability5 records

Feature9 records

Partnerships

One partnership is on record.

• FireblockscoreTechnology or Integration · 9 October 2025Fireblocks partnership connects XION's Layer-1 blockchain to over 2,400 institutions and integrates it into Fireblocks' digital asset infrastructure. This enables enterprise-scale blockchain applications across various sectors while ensuring security, compliance, and ease of onboarding. The network processes $10T in digital asset transactions.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• zkSync: zkSync is a major ZK rollup ecosystem with its own identity and credential efforts, representing a broader ZK infrastructure competitor to Verona's underlying proof technology.
• Chainlink: Chainlink provides verifiable data and oracle infrastructure across chains, overlapping with Verona's broader vision of verifiable facts feeding AI agents and smart contracts.
• Microsoft Entra Verified ID: Microsoft's enterprise decentralized identity product competes with Verona in the verifiable-credentials and enterprise authentication market, leveraging Microsoft's enterprise distribution.

Direct peers

• Galxe: Galxe provides Web3 identity, credentials, and reputation infrastructure used by brands for user verification, closely overlapping with Verona's ero consumer product and brand-adoption funnel.
• Civic: Civic offers decentralized identity verification and reusable KYC credentials, comparable to Verona's verification infrastructure for both consumer and enterprise identity use cases.
• Worldcoin: Worldcoin/World ID builds privacy-preserving proof-of-personhood using ZK and biometric verification, directly competing with Verona's zkPassport and identity primitives for users seeking decentralized identity.
• Privado ID (formerly Polygon ID): Privado ID offers a ZK-based identity and verifiable credential stack integrated with major chains, competing head-to-head with Verona's zk primitives for enterprise credential issuance and verification use cases.
• Reclaim Protocol: Reclaim Protocol generates ZK proofs of web and account data for portable credentials, competing directly with Verona's zkTLS and zkEmail primitives in the privacy-preserving proof-of-web-data category.

Emerging players

• Spruce ID: Spruce ID builds decentralized identity and data-ownership tools using ZK and DIDs, targeting similar enterprise authentication and consent-management use cases as Verona.
• Holonym: Holonym issues ZK-based proof-of-personhood and verifiable credentials, directly competing with Verona's identity primitives in the privacy-preserving KYC and sybil-resistance segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/burnt_xion
• GitHubgithub.com/burnt-labs
• YouTubeyoutube.com/@burnt_xion
• LinkedInlinkedin.com/company/burnt-labs

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors19 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about XION