Kaleido
Kaleido provides a modular enterprise blockchain and digital asset platform — covering tokenization, custody, middleware, and chain infrastructure — to banks, central banks, and financial market infrastructure operators, with deep central-bank and FMI deployments.
- Company typePrivate
- Founded2017
- HeadquartersRaleigh, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Kaleido does
Kaleido is a private enterprise software company that sells a modular blockchain and digital asset platform to financial institutions, central banks, and network operators. Founded in 2017 and headquartered in Raleigh, North Carolina, it operates as a Citi Ventures portfolio company and counts SWIFT, Deutsche Börse, Bank Indonesia, the Monetary Authority of Singapore, and the BIS among its named customers. Steve Cerveny leads the company as Founder and CEO. The platform combines digital assets (Custody, Tokenize, Digital Cash Hub), Web3 middleware (FireFly Enterprise, Interop Hub, FireFly Connectors), and chain infrastructure (Public Chains, Permissioned Chains) into a single cloud-native stack supporting 12+ blockchain protocols and certified to SOC 2 Type 2 and ISO 27001/27017/27018.
The product strategy pairs proprietary technology with open-source stewardship: Kaleido maintains Hyperledger FireFly (Web3 middleware), Hyperledger Besu (enterprise EVM client), Paladin (EVM programmable privacy), and Zeto (post-quantum zero-knowledge proof privacy) under Linux Foundation Decentralized Trust governance. Bespoke solutions — the Digital FMI Platform, CBDC Sandbox, Digital Asset Studio, and Network Operator Launchpad — target regulated financial market infrastructure and central-bank customers. Documented production deployments include the SWIFT CBDC sandbox (~5,000 transactions across 18 banks), Deutsche Börse's 40+ ECB wCBDC and Digital Eurobond transactions, Bank Indonesia's CBDC infrastructure (10+ commercial banks), the Citi Digital Depositary Receipts program, and participation in MAS Project Guardian and BIS Project Agorá.
Kaleido monetizes through three revenue streams — platform subscriptions, professional services, and managed services — sold primarily via direct enterprise field sales and complemented by a free trial of the Asset Platform. Distribution is amplified by partner channels and a developer-led community motion (Discord, GitHub, documentation, API reference at api.kaleido.io). Headcount is in the 11–50 range and pricing is not publicly disclosed.
Kaleido firmographics
Firmographics- Name
- Kaleido
- Legal name
- Kaleido, Inc.
- Website
- https://kaleido.io
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Kaleido provides a modular enterprise blockchain and digital asset platform — covering tokenization, custody, middleware, and chain infrastructure — to banks, central banks, and financial market infrastructure operators, with deep central-bank and FMI deployments.
- Ownership category
- akta.pro rank
Where Kaleido is headquartered
LocationHeadquarters
- HQ city
- Raleigh
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Kaleido business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Platform Subscriptions: Subscription-based access to the Kaleido platform including digital assets, middleware, and chain infrastructure products. Pricing likely tiered based on usage, features, and scale requirements.
- Professional Services: Implementation, consulting, and customization services for enterprise deployments including CBDC projects, capital markets solutions, and financial market infrastructure.
- Managed Services: Ongoing managed services for blockchain network operations including hosting, node management, and infrastructure maintenance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free Trial |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Kaleido product offering
Product offeringCore offering
Kaleido provides an enterprise-grade digital asset and blockchain platform that enables organizations to build, deploy, and operate private and public blockchain networks. Its modular stack includes custody, tokenization, digital cash, interoperability middleware, and turnkey chain infrastructure, sold as a subscription-based managed service.
Product overview
Kaleido is a modular enterprise platform for blockchain and digital asset infrastructure. The platform consists of three main pillars: Digital Assets (Custody, Tokenize, Digital Cash Hub), Web3 Middleware (FireFly Enterprise, Interop Hub, FireFly Connectors), and Chain Infrastructure (Public Chains, Permissioned Chains). For network operators, it offers the Digital FMI Platform, CBDC Sandbox, and Digital Asset Studio. Key open source projects include Paladin (EVM programmable privacy), Zeto (post-quantum ZKP privacy), Hyperledger Besu (enterprise EVM client), and Hyperledger FireFly (Web3 middleware). The platform provides end-to-end digital asset lifecycle management including tokenization, custody, stablecoins, tokenized deposits, bonds, money market funds, and CBDC capabilities.
Differentiator
Problem solved
Functional benefit
Brands
- Paladin: EVM programmable privacy solution - open source privacy framework for enterprise digital asset and tokenization projects.
- Zeto
- FireFly Enterprise
- Digital FMI Platform
- CBDC Sandbox
- Digital Asset Studio
- Interop Hub
Products and services
- Digital Asset Platform End-to-end enterprise blockchain and digital asset platform that bundles custody, tokenization, digital cash, and chain infrastructure for financial institutions and enterprises building production-grade digital asset networks.
- Custody Institutional-grade custody service for private keys and digital assets, integrated into Kaleido's Digital Asset Platform for regulated financial institutions.
- Tokenize Tokenization toolkit for issuing, managing, and transferring digital tokens and assets on permissioned or public blockchain networks.
- Digital Cash Hub Solution for issuing, managing, and transacting stablecoins and tokenized deposits within Kaleido's blockchain platform.
- FireFly Enterprise Enterprise-grade distribution of the Hyperledger FireFly multi-chain orchestration and data orchestration layer for connecting applications to multiple blockchain networks.
- Interop Hub Interoperability service that enables data and asset movement across multiple blockchain networks within and outside Kaleido's stack.
- Public Chains Managed public blockchain network infrastructure that allows enterprises to deploy and operate nodes on supported public chains.
- Permissioned Chains Managed private/permissioned blockchain network infrastructure for consortia and regulated enterprises that require controlled membership and governance.
- Digital FMI Platform Platform targeted at digital financial market infrastructures (FMIs), enabling regulated institutions to operate tokenized asset and payment networks with enterprise-grade controls.
- CBDC Sandbox Sandbox environment for central banks and regulators to prototype, test, and pilot central bank digital currency (CBDC) implementations.
- Digital Asset Studio Developer environment and tooling for building, testing, and deploying digital asset applications and smart contracts on Kaleido's platform.
- Network Operator Launchpad Self-service launchpad that enables customers to provision, configure, and operate their own blockchain networks on Kaleido without deep protocol expertise.
Quantifiable outcome
- 5000+ transactions tested in SWIFT CBDC sandbox with 18 central and commercial banks participating
- +3 more outcomes
Companies that use Kaleido
Customer profileNamed customers14 records
Segments5 records
Ideal customer profiles3 records
Kaleido technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature12 records
Kaleido partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and flagship.
- SIX Group / SIX Digital ExchangecoreSIX operates the blockchain infrastructure for Citi's Digital Depositary Receipts and serves as the regulated digital central securities depository. Kaleido integrates with SIX's digital infrastructure for tokenized asset settlement and custody.
- SWIFTflagshipKaleido enabled Swift's CBDC sandbox for testing cross-border CBDC payments. The live sandbox hosted 18 central and commercial banks, processing nearly 5000 transactions between different blockchain networks and fiat currencies. Kaleido provides the technical infrastructure for Swift's CBDC connector gateway.
- Bank IndonesiacoreKaleido serves as core technology partner for Bank Indonesia's CBDC infrastructure, providing tokenized cash issuance and settlement stack for the central bank and 10+ leading commercial banks.
- Deutsche BörsecoreDeutsche Börse uses Kaleido for real-world capital markets workflows including tokenized securities, ECB wCBDC transactions (40+), and current production of Digital Eurobonds. Kaleido supports delivery-versus-payment settlements.
- Monetary Authority of Singapore (MAS) / Project GuardiancoreKaleido powered the first wholesale network for composable finance and institutional DeFi with programmable privacy, supporting tokenized cash, fixed income, and asset and wealth management for global banks and asset managers.
- Bank for International Settlements (BIS)coreKaleido serves as technology partner for Project Agorá alongside BIS and 40+ financial institutions. Project Agorá tests tokenized multi-currency wholesale payments for cross-border transactions, integrating with central bank reserves on a unified ledger.
- Linux Foundation Decentralized TrustcoreLinux Foundation Decentralized Trust governs Hyperledger FireFly (Web3 middleware) and Paladin (privacy framework) open-source projects. Kaleido co-maintains these projects with open governance and open development under Apache 2.0 license.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Kaleido competitors and assessment
Company assessmentMarket position
Weaknesses5 records
Competitive moat6 records
Customer concentration
Kaleido social profiles
Digital presenceKaleido compliance and trust
Trust signalCompliance4 records
Kaleido financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kaleido leadership team
Management profileNumber of profiles
Profiles4 records
Kaleido funding detail
Funding detailFunding overview
Funding rounds4 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kaleido M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kaleido
What does Kaleido do?
Kaleido provides an enterprise-grade digital asset and blockchain platform that enables organizations to build, deploy, and operate private and public blockchain networks. Its modular stack includes custody, tokenization, digital cash, interoperability middleware, and turnkey chain infrastructure, sold as a subscription-based managed service.
Is Kaleido a public or private company?
Kaleido is a private company. It is classified as venture growth investor backed and is currently operating.
When was Kaleido founded?
Kaleido was founded in 2017. It employs 11 to 50 people.
Where is Kaleido based?
Kaleido is headquartered in Raleigh, United States, in the North America region.
How does Kaleido make money?
Three revenue lines are on record. Platform Subscriptions are the primary driver. The others are professional Services and managed Services.
Does Kaleido have an API?
Yes. Kaleido provides blockchain APIs accessible via API Reference (api.kaleido.io) and Documentation (docs.kaleido.io). The platform offers REST APIs for blockchain operations, with dynamically-generated REST APIs for any smart contract code, event streams, transaction management, and gas management capabilities. Developer documentation is at docs.kaleido.io.