What Waggle does

Waggle (Waggle Network) is a Singapore-headquartered, private blockchain infrastructure company founded in 2021 that operates a multi-chain marketplace platform purpose-built for post-IDO (Initial DEX Offering) tokens. The platform is designed to address a specific liquidity gap in the DeFi ecosystem: project tokens that have completed their initial decentralized exchange offering typically face thin secondary liquidity and limited avenues for follow-on capital formation. Waggle's marketplace aggregates such token projects with liquidity providers across multiple blockchain networks, framing itself as an alternative fundraising and trading venue beyond conventional methods.

The company's core product is a multi-chain marketplace infrastructure layer rather than a single-chain DEX. Technology described in public sources centers on multi-chain interoperability for post-IDO token listings and trading. The firm is private, venture-backed, and has not disclosed a public ticker or token of its own in available materials. Revenue mechanics are indicated as transaction-fee-based, consistent with a marketplace listing model, though specific fee schedules, pricing tiers, and take rates have not been publicly disclosed. The company does not maintain disclosed APIs, SDKs, MCP integrations, or proprietary AI/ML components based on available data.

Waggle's customer segment is defined horizontally as post-IDO token projects seeking liquidity and expanded fundraising options. The company has not publicly disclosed named customer logos, case studies, or revenue concentration. It was actively operating and announcing funding as of September 2021; no subsequent corporate actions, partnerships, or product updates appear in available sources, which constrains forward visibility into the company's current scale or operational status.

Name

Waggle

Website

https://waggle.network

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Waggle is a Singapore-based blockchain company that operates a multi-chain marketplace for post-IDO tokens, providing liquidity solutions and alternative fundraising channels for crypto projects across multiple blockchain networks.

Ownership category

akta.pro rank

Product category

DeFi Marketplace

NAICS

Securities and Commodity Exchanges (52321), Securities and Commodity Exchanges (5232)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Launchpads, IDOs & Token Distribution via DEXs (FSADABAL)

akta.pro secondary industries

DEX Aggregators & Smart Order Routing (FSADABAC), DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading) (FSAPAEAD)

Keywords

• Post-IDO token liquidity
• Multi-chain DeFi marketplace
• Token fundraising platform
• Crypto liquidity solutions
• Initial DEX Offering

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

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

Revenue model

1. Multi-chain marketplace services: Waggle Network operates a multi-chain marketplace platform that addresses liquidity issues for post-IDO tokens, though specific revenue mechanisms are not detailed in available sources.

Go-to-market motion1 record

Core offering

Waggle operates a Solana-based, multi-chain marketplace designed for post-Initial DEX Offering (post-IDO) tokens. The platform enables crypto projects that have completed an IDO to obtain secondary liquidity and access alternative fundraising mechanisms beyond traditional launch methods. By supporting multiple blockchain networks, the marketplace connects token projects with liquidity providers and investors seeking exposure to newly listed digital assets.

Product overview

Waggle is developing a single core product — a multi-chain marketplace specifically designed for post-IDO (Initial DEX Offering) tokens. The platform aims to solve liquidity challenges for project tokens and provide alternative fundraising mechanisms beyond conventional methods.

Differentiator

Problem solved

Functional benefit

Products and services

• Multi-chain Marketplace A multi-chain marketplace platform designed for post-Initial DEX Offering (post-IDO) tokens, enabling crypto projects to address liquidity issues and access fundraising options beyond traditional IDO launch methods through multi-chain support. It is targeted at token issuers, DeFi liquidity providers, and crypto investors operating across Solana and other supported blockchain networks.

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves2 records

Expansion highlights3 records

Broad incumbents

• MEXC Global: Global centralized exchange (also a Waggle seed investor). Comparable as an incumbent that lists and provides liquidity for newly launched tokens, competing with decentralized venues like Waggle for post-IDO trading volume.
• Gate Labs: Crypto exchange and venture arm (and a known Waggle investor). Comparable as a broader incumbent that operates centralized and decentralized trading venues competing for the same post-IDO token trading flow that Waggle targets.

Emerging players

• Birdeye: Solana-focused trading terminal and analytics platform for DEX data. Comparable to Waggle's data and discovery layer around post-IDO tokens, though Birdeye is more analytics-oriented and less focused on execution.
• DexScreener: Cross-chain DEX charting and token discovery platform. Comparable to Waggle because both serve traders and projects discovering and transacting in newly listed / post-IDO tokens across multiple chains.

Direct peers

• DAO Maker: Specialized launchpad and IDO platform. Comparable to Waggle because both serve crypto projects running token offerings and provide secondary-market mechanisms for post-IDO liquidity.
• Jupiter: Solana's dominant DEX aggregator and on-chain routing layer. Highly comparable to Waggle because both target best-execution trading on Solana with multi-venue routing, though Jupiter is far more established.
• Polkastarter: Multi-chain decentralized launchpad and DEX for token sales. Directly comparable to Waggle's positioning as a multi-chain launchpad / post-IDO trading venue with similar target customers (newly launched projects seeking liquidity).
• Raydium: Leading Solana-native AMM and liquidity hub. Comparable to Waggle as both operate on-chain liquidity venues for newly launched and post-IDO Solana tokens, often serving as price-discovery and trading infrastructure for the same token projects.
• Orca: Major Solana DEX with concentrated liquidity. Directly comparable as it provides on-chain trading venues for Solana tokens and competes for liquidity-provider flow relevant to post-IDO token markets.

Others

• Cropperbros Research: Solana-focused research and investment firm and Waggle seed backer. Included as a connected ecosystem participant that signals comparable Solana-DeFi deal flow and overlapping network of projects and investors.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/wagglenetwork
• LinkedInlinkedin.com/company/waggle-network

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors16 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 Waggle