What Stratis does

Stratis, now operating under the Xertra brand, is a private blockchain development platform founded in 2016 and headquartered in London. The company provides a unified Web3 ecosystem built around its STRAX 2.0 blockchain infrastructure and native STRAX utility token, targeting three horizontal customer segments: developers building dApps and smart contracts, gamers engaging with play-to-earn mechanics, and enterprises seeking tailored blockchain solutions through the StraxTegic offering.

The product portfolio centers on STRAX 2.0 (the core blockchain), complemented by Verium (a Layer-2 scaling solution using zero-knowledge proofs), StraxSwap (decentralized exchange), Launchpad (staking/validator dApp), Xertra Deploy (chain-launch tooling), Xertraverse (NFT and digital ownership), Xertra Play (Web3 gaming with STRAX-burn mechanics), SolPlex (P2E strategy game), and Compass (an AI-guided Web3 onboarding interface launching June 2026). Technology differentiators center on ease-of-use tooling (Compass, Xertra Deploy), performance via ZK-proof L2 (Verium), and interoperability through the STRAX token and ChainPort cross-chain bridge.

The business model is primarily token-economics-driven: revenue accrues through staking rewards, transaction fees consumed on-chain, token burns from Xertra Play gameplay, and bespoke enterprise blockchain services whose pricing is not publicly disclosed. Distribution is product-led and community-led, relying on self-serve access via the Stratis dashboard and staking launchpad, alongside listings on more than ten global exchanges including Binance, Gate.io, KuCoin, Crypto.com, Upbit, and Bithumb. Total disclosed funding is modest — a $600,000 round in 2016 and a 2021 Alphabit Fund event with no disclosed value — and the company is founder-led by CEO Chris Trew, employing 11-50 people.

Name

Stratis

Legal name

Stratis

Website

https://stratisplatform.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Stratis (Xertra) is a London-based private blockchain platform founded in 2016 that provides a Web3 ecosystem — including STRAX 2.0 infrastructure, Layer-2 scaling, NFTs, gaming, staking, and an AI-guided onboarding tool — for developers, gamers, and enterprises.

Ownership category

akta.pro rank

Product category

Blockchain Infrastructure

NAICS

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

SIC

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

akta.pro primary industry

Play-to-Earn & Reward Platforms (questing, loyalty, airdrop mechanics) (FSAPAGAH)

akta.pro secondary industries

In-Game Asset Standards & Infrastructure (NFT items, marketplaces, royalties, asset registries) (FSAPAGAE), On-Chain Game Engines & Developer Tooling (SDKs, APIs, Unity/Unreal plugins) (FSAPAGAB), Interoperability & Asset Bridging for Games (cross-game/cross-chain assets) (FSAPAGAJ)

Keywords

• Blockchain infrastructure
• Enterprise blockchain solutions
• Decentralized finance platform
• Web3 gaming ecosystem
• Cryptocurrency staking services

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Token Economics (STRAX): STRAX token serves as the primary utility token within the ecosystem, generating value through staking rewards, transaction fee consumption, and token burns from Xertra Play gaming mechanics.
2. Staking Validator Services: Network security through decentralized staking with validator nodes, where participants earn rewards for securing the network.
3. Ecosystem DeFi Services: Decentralized exchange (StraxSwap) and cross-chain bridging (ChainPort) services enabling token trading and blockchain interoperability.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Stratis (now operating as Xertra) is a blockchain development and Web3 ecosystem platform that provides Layer-1 blockchain infrastructure (STRAX 2.0), enterprise-grade tailored blockchain solutions (StraxTegic), and a suite of consumer-facing applications including NFT platforms (Xertraverse), play-to-earn gaming (Xertra Play, Solplex), decentralized exchange (StraxSwap), cross-chain bridging (ChainPort), and an AI-guided Web3 onboarding interface (Compass). The native STRAX token powers staking, governance, and transaction settlement across the ecosystem.

Product overview

Xertra (formerly Stratis) is a comprehensive Web3 platform offering a unified ecosystem of blockchain solutions. The portfolio centers on STRAX 2.0 as the core blockchain infrastructure, complemented by StraxTegic for enterprise blockchain services. Key products include Xertraverse (digital ownership/NFT platform), Xertra Play (Web3 gaming), Xertra Deploy (chain deployment), and Compass (AI-powered Web3 navigation). The STRAX Token serves as the native cryptocurrency powering staking, governance, and ecosystem interactions. Additional offerings include Solplex (P2E gaming), Verium (Layer-2 scaling via zero-knowledge proofs), StraxSwap (DEX), and the Launchpad staking platform. The ecosystem also includes the Ventures funding program and developer Tools & SDK for building on the platform.

Differentiator

Problem solved

Functional benefit

Brands

• StraxTegic: Tailored blockchain solutions for businesses.
• STRAX 2.0
• Xertraverse
• Xertra Play
• Xertra Deploy
• Compass
• Verium
• Stratis Launcher
• Stratis Explorer
• StraxSwap

Products and services

• STRAX 2.0 Core Layer-1 blockchain infrastructure platform powering decentralized applications, DeFi, and Web3 services within the Xertra ecosystem. Targeted at developers and enterprises building blockchain-based solutions.
• StraxTegic Enterprise blockchain service providing tailored, customized blockchain infrastructure and solutions for businesses requiring enterprise-grade distributed ledger capabilities.
• Xertraverse Digital ownership platform enabling NFT collectibles and digital asset management within the Xertra ecosystem, including the K1 Vanguard Collection linked to the SolPlex universe.
• Xertra Play Web3 gaming platform with play-to-earn mechanics where players receive free plays and unlock additional plays by burning STRAX tokens, creating token economy engagement.
• Xertra Deploy Chain deployment tool providing simplified, guided setup for launching custom blockchains on the Xertra platform, enabling scalable environments for businesses and developers.
• Compass AI-guided Web3 onboarding interface combining gamified education, gasless entry, and built-in safety tools to help users learn and participate in Web3.
• STRAX Token Native cryptocurrency token powering the Stratis/Xertra ecosystem, used for staking, governance, accessing exclusive features, and transaction settlement.
• Tools & SDK Developer tools and software development kit for building dApps, smart contracts, and blockchain applications on the Xertra platform.
• Ventures Strategic funding and support program providing resources and guidance for builders developing dApps, DeFi solutions, and blockchain-based services within the Xertra ecosystem.

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability1 record

Feature6 records

Partnerships

16 partnerships are on record, tiered core and minor.

• BinancecoreGTM or Marketing PartnerBinance Pay integration enables contactless, borderless crypto payments. STRAX is listed on Binance exchange, providing liquidity and global accessibility for the token.
• ChainPortcoreTechnology or IntegrationCross-chain bridge enabling token transfers between blockchains, allowing users to bridge assets to the Stratis network.
• TravalaminorGTM or Marketing PartnerTravel booking platform that accepts STRAX as payment, expanding utility use cases for the token.
• Gate.iocoreGTM or Marketing PartnerMajor cryptocurrency exchange listing STRAX for trading, providing market access.
• KuCoincoreGTM or Marketing PartnerCryptocurrency exchange with STRAX listing for spot trading.
• Crypto.comcoreGTM or Marketing PartnerMajor crypto exchange platform listing STRAX for trading and payments.
• UpbitcoreGTM or Marketing PartnerKorean cryptocurrency exchange listing STRAX, providing regional market access.
• BithumbcoreGTM or Marketing PartnerKorean cryptocurrency exchange listing STRAX for trading.
• HitBTCminorGTM or Marketing PartnerEuropean exchange with advanced trading features, providing STRAX liquidity.
• CoinDCXminorGTM or Marketing PartnerIndian crypto exchange with diverse financial products, offering STRAX trading.
• BitvavominorGTM or Marketing PartnerDutch exchange for buying and selling cryptocurrencies, providing European market access for STRAX.
• BingXminorGTM or Marketing PartnerExchange offering spot, derivatives, and copy trading features with STRAX listing.
• XT.comminorGTM or Marketing PartnerSocial-infused crypto exchange with trading services, listing STRAX.
• CoinExminorGTM or Marketing PartnerGlobal crypto exchange committed to secure trading, providing STRAX market access.
• MudrexminorGTM or Marketing PartnerPlatform for investing in algorithmic cryptocurrency trading strategies, ecosystem partnership.
• Nominex.iominorGTM or Marketing PartnerExchange combining trading and educational resources, providing STRAX access.

Scale indicators1 record

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• Hedera: Hedera is an enterprise-focused DLT platform with token services and smart contracts. Comparable to StraxTegic's enterprise blockchain positioning.
• Solana: Solana is a high-throughput L1 with deep DeFi, NFTs, gaming, and consumer onboarding. Comparable as a broader incumbent in Xertra's target segments (DeFi, NFTs, gaming, payments).

Direct peers

• Gala Games: Gala Games is a Web3 gaming platform with play-to-earn mechanics and its own token/chain. Most directly comparable to Xertra Play and Solplex P2E gaming experiences.
• Algorand: Algorand is a permissioned L1 with DeFi, NFTs, and gaming activity. Comparable to Stratis's positioning as an enterprise-and-developer-friendly L1 with staking and tokenized assets.
• Polygon Labs: Polygon operates an Ethereum L2 scaling ecosystem (Polygon PoS, Polygon zkEVM) plus developer tooling like Polygon CDK for launching app-chains. Directly comparable to Stratis/Xertra's combination of L2 scaling (Verium) and chain-deployment tooling (Xertra Deploy).
• Immutable: Immutable is a ZK-rollup L2 focused on gaming and NFTs with tooling for game studios. Comparable to Xertra's combination of Xertraverse (NFTs), Xertra Play (P2E gaming), and Verium (ZK scaling).
• Tezos: Tezos is an L1 with strong NFT and gaming adoption (including several sports and art collaborations). Comparable to Xertra's NFT (Xertraverse) and gaming (Xertra Play) focus.
• NEAR Protocol: NEAR is a sharded L1 with chain abstraction, AI/web3 onboarding initiatives, and developer tooling. Its focus on simplified UX and account abstraction is closely comparable to Compass's AI-guided onboarding.
• Cosmos (Interchain Foundation): Cosmos pioneered the app-chain thesis via Cosmos SDK and IBC interoperability, directly comparable to Xertra Deploy's app-chain tooling and ChainPort cross-chain bridging.
• Avalanche: Avalanche is an EVM-compatible L1 with subnets for app-chain deployment, plus DeFi and gaming ecosystems. Comparable to Xertra on the L1-with-subnets model, DeFi primitives (StraxSwap), and gaming activity.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/stratisplatform
• GitHubgithub.com/stratisproject
• YouTubeyoutube.com/channel/UCPAMEJ4ya6xbfo_a6o3Ysg
• Facebookfacebook.com/Stratisplatform-1819911898230348

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors1 record

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 Stratis