DeversiFi

What DeversiFi does

DeversiFi, now operating as Rhino.fi, is a cross-chain stablecoin liquidity and onboarding infrastructure provider headquartered in Saint Kitts and Nevis. The company originally launched in 2019 as a Layer 2 DeFi trading platform on Ethereum and has since pivoted to a broader mandate: providing enterprise-grade infrastructure for accepting, routing, and settling stablecoins across 20+ blockchain networks through a single API integration. Its core technology stack is built on StarkWare's STARK-based Layer 2 scaling primitives, with a modular product surface that includes Smart Deposit Addresses (universal multi-chain deposit endpoints), Automated Onchain Actions (instant fund activation), Stablecoin Routing & Settlement (deterministic 1:1 cross-chain swaps), a Payments Widget, Fiat Onboarding, and Native Asset Support for ETH, SOL, BTC, and BNB settled into stablecoin balances. The platform is positioned for high-volume enterprise use, claiming a 99.99% transaction success rate, sub-10-second fund activation, individual transactions up to $10 million, and 100% KYT-screened flows with audit-ready logs.

The company's go-to-market is API-first and dual-track: enterprise clients (neobanks, card issuers, remittance providers, derivatives DEXs, RWA platforms, payroll providers) integrate via SDK and dedicated onboarding support, while smaller customers access the same infrastructure via a self-serve Bridge Now product. Revenue is generated through transaction and processing fees on stablecoin transfers and cross-chain routing operations; pricing is not publicly disclosed and operates on a quote-based enterprise model. The company reports having processed $15B+ in stablecoin volume globally and serves named customers including Wirex, Tether, Extended, Paradex, GRVT, CPAY, EVEDEX, SWAPX, Zircuit, Reveel, and Synthesis, spanning fintech/payments, stablecoin issuance, and DeFi protocol segments. DeversiFi raised a $5 million strategic round in May 2021 led by ParaFi Capital with participation from Lightspeed Venture Partners, StarkWare, Defiance Capital, Delphi Ventures, and Blockchain.com, following an earlier $450,000 raise in August 2020. The company is private, employs 11-50 people, and has publicly committed to a regulatory roadmap toward MiCa CASP licensing and SOC2 certification.

Name

DeversiFi

Website

https://deversifi.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Rhino.fi (formerly DeversiFi) provides cross-chain stablecoin liquidity infrastructure that lets businesses accept and route stablecoins across 20+ blockchains via a single API. It serves neobanks, payment providers, derivatives DEXs, and DeFi protocols with sub-10-second settlement.

Ownership category

akta.pro rank

Product category

Cross-Chain Stablecoin Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Cross-Chain Bridging & Interoperability for Stablecoins (FSADADAH)

akta.pro secondary industries

On/Off-Ramps & Fiat Liquidity Providers for Stablecoins (FSADADAG), Mint/Redeem, Issuance APIs & Treasury Operations Platforms (FSADADAE), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)

Keywords

• Cross-chain stablecoin infrastructure
• Stablecoin liquidity routing
• Layer 2 defi platform
• Crypto payments api
• Stablecoin onboarding sdk

Headquarters

HQ city

Old Road Town

HQ country

St. Kitts & Nevis

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Transaction/Processing Fees: Fees collected on stablecoin transfers and cross-chain routing operations. The platform processes high-volume stablecoin transactions and charges fees per transaction or as a take rate on volume.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

DeversiFi (operating as Rhino.fi) provides a cross-chain stablecoin liquidity layer that lets fintechs, neobanks, exchanges, and DeFi protocols accept stablecoin deposits from any chain or CEX through a single universal address and settle them as usable balances in under 10 seconds. The platform exposes SDK and API infrastructure for embedded integration of routing, KYT compliance, automated onchain activation, and fiat onboarding across 20+ blockchain networks.

Product overview

Rhino.fi is a crosschain liquidity layer for stablecoins that provides a unified stablecoin onboarding stack. The platform operates as a platform-plus-modules architecture consisting of Smart deposit addresses (universal deposit addresses accepting stablecoins from any chain), Automated onchain actions (instant fund activation), Stablecoin routing & settlement (cross-chain swaps with deterministic 1:1 pricing), Payments widget (multi-chain deposit UX), Fiat onboarding (fiat-to-stablecoin gateway), and Native asset support (direct acceptance of ETH, SOL, BTC, BNB settled to stablecoins). These modules work together to enable fast, compliant, enterprise-scale stablecoin payments across 20+ blockchain networks.

Differentiator

Problem solved

Functional benefit

Products and services

• Smart Deposit Addresses Universal deposit addresses that accept stablecoins from any chain or CEX through a single address and settle exactly where needed, enabling partners and end users to fund accounts from any source.
• Stablecoin Routing & Settlement Cross-chain stablecoin routing engine that moves stablecoins across 20+ blockchain networks with deterministic 1:1 swaps and treasury tools, supporting transaction sizes up to $10M and 99.99% success rate.
• Payments Widget Drop-in multi-chain deposit UX component that lets users fund from any chain or payment method, designed for embedded use by fintechs, exchanges, and merchants.
• Fiat Onboarding Fiat-to-stablecoin gateway that lets end users fund with traditional fiat and arrive directly into stablecoin balances or DeFi vaults, bridging traditional and crypto finance.
• Native Asset Support Direct acceptance of native crypto assets (ETH, SOL, BTC, BNB) that are automatically swapped and settled into stablecoin balances across supported networks.
• Bridge Now (Self-Serve Platform) Self-serve cross-chain stablecoin bridge accessible via app.rhino.fi that lets smaller customers move stablecoins across chains instantly without needing enterprise integration.
• Rhino.fi SDK & API Developer SDK and REST API that expose Rhino.fi's cross-chain stablecoin liquidity infrastructure, enabling enterprise clients to integrate universal deposit addresses, routing, and automated onchain actions into their own platforms.

Quantifiable outcome

• $15B+ stablecoin volume processed globally
• +5 more outcomes

Named customers11 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat6 records

Key highlights6 records

Customer concentration

• Xx.com/deversifi
• LinkedInlinkedin.com/company/deversifi

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors14 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 DeversiFi