What MATRIX Foundation does

MATRIX Foundation, registered in Hong Kong and operating engineering facilities in Beijing, runs the MATRIX AI Network — an AI-optimized Layer-1 blockchain that uses a hybrid Proof of Work and Proof of Stake consensus mechanism and is intended to converge artificial intelligence, distributed ledger, and brain-computer-interface technologies under a single tokenized economy. The platform is organized across three evolutionary generations: MATRIX 1.0 (the AI-optimized blockchain addressing transaction speed, security, usability, and resource efficiency); MATRIX 2.0 (a decentralized AI ecosystem including the MANTA distributed AutoML platform, the MANAS AI service marketplace, the MANIA AI-powered NFT trading venue, the MANITO industry 4.0 platform, and the Intelligent Contract no-code tool that converts natural language into Solidity); and MATRIX 3.0, anchored by Avatar Intelligence (AvI), the Morpheus LLM/GPT platform, and the NeuraMATRIX open BCI platform for brainwave data and biometric identity.

The technical stack includes the proprietary Morpheus large language model (currently integrating the DeepSeek V3 MOE Framework with a claimed 60% performance improvement and 32-64K context extension), NeuraMatrix BCI hardware with 100-channel MKB and 16/32-channel NTH neural-collection chips, a brainwave-based DID authentication system, a finger-vein-recognition Bio-Wallet, and what the company describes as the world's first infrastructure for tokenizing human biodata as real-world blockchain assets. Leadership combines AI research depth (Chief AI Scientist Steve Deng, tenured Associate Professor at Tsinghua University's School of Software) with operational and marketing experience across Hong Kong and mainland China (CEO Owen Tao, a Peking University graduate; CMTO Eric Choy; CTO Wayne Yuan; ex-Microsoft Product Director Ethan Tian).

Economically, the MAN utility token serves as the unit of account for mining/validator rewards, AI service pricing on MANAS, compute rental on MANTA, and NFT minting on MANIA, with professional services revenue expected from the January 2026 Belt and Road cooperation agreement with the Western China Research and Development Promotion Association. The platform reports 13M block height, 110 active validator nodes, 191M MAN staked, and 37M+ cumulative transactions, distributes through web and mobile wallets (wallet.matrix.io), major exchange listings (Bitfinex, Huobi Global), and an SDK/API published at docs.matrix.io. End-user segments span retail blockchain participants, AI developers and service providers, Web3/metaverse users, healthcare and research institutions (most visibly Hypnus, led by 2014 Nobel laureate Edvard Moser, as an early biodata partner), and enterprise/government buyers in western China and Belt and Road regions.

Name

MATRIX Foundation

Legal name

MATRIX Foundation

Website

https://matrix.io

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

MATRIX Foundation operates the MATRIX AI Network, an AI-optimized hybrid PoW/PoS Layer-1 blockchain integrating a proprietary LLM (Morpheus), decentralized AI marketplace (MANAS), AutoML (MANTA), and brain-computer-interface technology (NeuraMATRIX) to serve AI developers, crypto users, and select healthcare and Belt-and-Road enterprise buyers via the MAN utility token.

Ownership category

akta.pro rank

Product category

Blockchain Infrastructure

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Custom Computer Programming Services (541511)

SIC

Finance Services (6199), Services-Computer Programming Services (7371)

akta.pro primary industry

Account Abstraction & Smart Wallet Tooling (AA SDKs, paymasters, session keys) (FSAPABAK)

akta.pro secondary industries

Decentralized GPU/AI Compute Networks (training/inference, GPU renting, model hosting) (FSAPALAC), Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB), Blockchain Data & Indexing Infrastructure for Finance (Nodes, Indexers, Oracles) (FSAGAMAL)

Keywords

• AI blockchain platform
• Decentralized AI marketplace
• Smart contract platform
• Brain computer interface
• Crypto wallet infrastructure

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Revenue model

1. MAN Token Economy: MAN token serves as the native utility token powering the entire Matrix AI Network. Functions include: (1) Mining rewards - miners and validators earn MAN for block production and transaction validation; (2) AI pricing - MAN is the basic unit of value for AI services including computing power rental and platform AI services; (3) AI assetization - MAN must be burned to mint NFTs for tokenizing computing power, algorithm models, and AI artwork on the network.
2. MANAS AI Services: Revenue generated from AI service marketplace where developers and service providers offer AI capabilities through the MANAS platform. API calls to algorithm models and AI services are priced and settled in MAN tokens.
3. MANIA NFT Trading: AI-powered NFT trading platform enabling AI algorithm model rights confirmation and trading. NFT minting requires burning MAN tokens. Platform likely charges transaction fees on NFT trades.
4. MANTA AutoML Platform: Automated machine learning platform where users without AI background can train custom AI models. Revenue may be generated through usage fees for GPU computing resources and model training services on the distributed platform.
5. Belt and Road Digitalization Services: Strategic partnership with Western China Research and Development Promotion Association for digitalization, intelligent systems, and industrial upgrading across western China and Belt and Road regions, contributing AI infrastructure and blockchain-based data systems.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

MATRIX Foundation operates an AI-optimized Layer 1 blockchain platform using a hybrid Proof of Work and Proof of Stake consensus mechanism. The platform offers decentralized AI services including a proprietary LLM (Morpheus), AI marketplace (MANAS), distributed AutoML (MANTA), brain-computer interface integration (NeuraMatrix), no-code smart contract generation, and consumer applications (wallets, Persona chatbot). The native MAN token powers all ecosystem services including mining rewards, AI service pricing, and NFT minting.

Product overview

MATRIX AI Network is a blockchain-AI convergence platform organized across three evolutionary generations: MATRIX 1.0 (AI-optimized Layer 1 blockchain using hybrid PoW/PoS), MATRIX 2.0 (decentralized AI ecosystem including MANAS marketplace, MANTA AutoML platform, MANIA NFT trading, MANITO industrial IoT, and Intelligent Contract no-code tools), and MATRIX 3.0 (brain-computer interface and Avatar Intelligence vision). The platform's core products span blockchain infrastructure (Web Wallet, Matrix Explorer, Matrix IDE), AI services (Morpheus LLM, MANAS AI marketplace, MANTA AutoML), neuroscience/BCI (NeuraMATRIX open platform), consumer AI (Persona chatbot, Bio-Wallet), and industry tools (MANITO, Wormhole cross-chain bridge). The MAN token powers the ecosystem for compute pricing, AI service fees, and NFT minting.

Differentiator

Problem solved

Functional benefit

Brands

• MANTA: Distributed AutoML DePIN platform built on the MATRIX blockchain for automated machine learning.
• MANAS
• MANIA
• MORPHEUS
• NeuraMATRIX
• PERSONA
• MANITO
• Avatar Intelligence (AvI)
• BioWallet

Quantifiable outcome

• 60% improvement in Morpheus LLM performance with DeepSeek V3 MOE Framework integration
• +4 more outcomes

Named customers1 record

Segments5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability14 records

Feature8 records

Partnerships

Two partnerships are on record, tiered core.

• Western China Research and Development Promotion AssociationcoreStrategic or Co-development Partner · 20 January 2026Strategic cooperation agreement for advancing digitalization, intelligent systems, and industrial upgrading across western China and Belt and Road partner regions. Matrix contributes AI infrastructure and blockchain-based data systems while both parties aim to create replicable intelligent development models extendable to multiple cities and industrial zones. Partnership moves Matrix beyond pilot projects toward sustainable frameworks for digital economy development.
• NeuraMatrixcoreStrategic or Co-development Partner · 2 June 2023Groundbreaking strategic partnership combining Matrix AI Network's AI-driven blockchain with NeuraMatrix's cutting-edge BCI technology. Initial phase focuses on wearable, non-invasive BCI device using brainwaves for biological information verification login. NeuraMatrix, established in 2019, is a leading Chinese neuroscience company focused on integrated circuits (chips) and biomaterials with significant research achievements in wireless data exchange between brain and computer.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Render Network: Decentralized GPU rendering and AI compute network built on Solana. Adjacent to MATRIX's MANTA distributed compute platform, addressing the same decentralized-GPU-for-AI-workloads opportunity with a more mature token economy.
• Akash Network: Decentralized cloud computing marketplace (DePIN) offering GPU and CPU resources for AI workloads. Comparable to MATRIX's MANTA platform and the broader thesis of monetizing distributed compute through a blockchain-based marketplace.
• SingularityNET: Decentralized AI services marketplace built on blockchain. Most direct peer to MATRIX's MANAS AI marketplace, with the same thesis of tokenizing AI services via a native token (AGIX) and offering developer APIs for monetizing AI capabilities.
• Ocean Protocol: Tokenized data exchange for AI training, allowing data owners to monetize datasets while preserving privacy. Closely comparable to MATRIX's human biodata tokenization infrastructure, both tackling the data-asset-on-blockchain thesis for AI.
• Fetch.ai: AI-agent-focused Layer 1 blockchain offering decentralized machine learning and autonomous agent tooling. Comparable to MATRIX's Agent Model Center MVP and Morpheus AI agent direction, with overlapping target market of AI developers and Web3 builders.
• Bittensor: Decentralized machine intelligence network where miners contribute compute and models in exchange for TAO tokens. Direct competitor to MATRIX's MANTA distributed AutoML platform and the broader thesis of tokenized AI compute via blockchain consensus.

Broad incumbents

• NEAR Protocol: AI-focused Layer 1 blockchain with a much larger developer ecosystem and substantially more capital. Provides a broader incumbent comparable for MATRIX's AI-optimized Layer 1 thesis, though without the BCI/Avatar Intelligence ambitions.
• The Graph: Indexing and data infrastructure layer for blockchains, comparable to MATRIX's Matrix Explorer and overall blockchain data indexing capability. Significantly more adopted and capitalized, serving as a benchmark for what a mature blockchain data infrastructure project looks like.

Emerging players

• iExec RLC: Decentralized cloud computing network offering GPU/CPU resources, confidential computing, and dApp hosting via blockchain. Comparable to MATRIX's MANTA AutoML DePIN platform, with a narrower focus on enterprise-grade confidential computing.
• Nillion: Privacy-preserving decentralized compute network focused on blind computation for AI. Emerging player with overlapping thesis to MATRIX's decentralized AI compute direction, though with a more concentrated focus on privacy technology rather than a full Layer 1 chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/MatrixAINetwork
• GitHubgithub.com/MatrixAINetwork
• YouTubeyoutube.com/channel/UCA8O5qOg0nVyd-L7RaOrmUw

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors

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 MATRIX Foundation