What Cryptonomic does

Cryptonomic is a Brooklyn-based blockchain infrastructure company founded in 2017 that builds software for decentralized technology, serving both institutional finance clients and consumer crypto users. The company's product portfolio includes Galleon (the first audited wallet for the Tezos blockchain), Conseil (an industrial-grade Tezos indexer), ConseilJS (TypeScript SDK), Nautilus Cloud (hosted Tezos nodes), Arronax (blockchain analytics), and Persimmon (a mobile alerts app for self-hosting crypto users), with technology built around functional programming in Scala, ReasonML, and TypeScript and advanced cryptography including secure multi-party computation (MPC), zero-knowledge proofs (ZK), and fully homomorphic encryption (FHE). Upcoming products include Rhubarb, a web application for asynchronous, reversible asset transfers via smart-contract escrow.

Revenue is generated primarily through bespoke blockchain consulting services targeting enterprise clients in institutional finance, biotechnology, and machine learning, including strategy consulting, product development, smart contract design, and audits. Notable engagements include Project Guardian (2022) under the Monetary Authority of Singapore, where Cryptonomic built all primary smart contract components for a JP Morgan, DBS, and SBI Japan pilot on tokenized real-world asset lending, and a decentralized identity project for a major investment bank spanning schematics, designs, desktop and mobile apps, SDKs, and smart contracts. The company operates without disclosed external funding and appears self-sustaining through service revenue, supplemented by consumer-facing products distributed through the iOS App Store and GitHub.

Cryptonomic pursues a hybrid go-to-market combining community-led growth through open-source contributions on GitHub and hackathon participation (Scaling Ethereum 2024, where Monadic DNA won overall) with sales-led enterprise consulting. The team of 11-50 employees operates from a single Brooklyn office while engaging clients globally across the United States, Singapore, and Japan, and is filing patents on distributed ledger-based identity management. Strategic positioning includes an emerging expansion into privacy-preserving genomics via Monadic DNA alongside continued deepening of the Tezos developer ecosystem through Nautilus Cloud, ConseilJS, and Galleon.

Name

Cryptonomic

Legal name

Cryptonomic

Website

https://cryptonomic.tech

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Cryptonomic is a Brooklyn-based blockchain infrastructure firm founded in 2017 that builds Tezos ecosystem tools (Galleon wallet, Conseil indexer) and delivers blockchain consulting, smart-contract development, and audits to enterprise clients in institutional finance.

Ownership category

akta.pro rank

Product category

Blockchain Infrastructure

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Digital Asset Risk, Security & Audit Tooling (Smart Contract Audit, Threat Monitoring) (FSAGAMAJ)

akta.pro secondary industry

Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL)

Keywords

• Blockchain infrastructure
• Decentralized applications
• Smart contract development
• Crypto wallet software
• Institutional DeFi

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Blockchain Consulting Services: The company offers bespoke blockchain strategy consulting, product development and deployment, and smart contract design services targeting enterprise clients.
2. Smart Contract Audits: Cryptonomic provides smart contract audit services as part of their service offerings.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Cryptonomic builds blockchain infrastructure software and decentralized applications, including crypto wallets (Galleon), a Tezos indexer and SDK (Conseil/ConseilJS), a digital asset notifications app (Persimmon), and a secure smart-contract-based transfer app (Rhubarb). It also delivers bespoke blockchain consulting services covering strategy, smart contract design, audits, and product development for institutional finance and other enterprise clients.

Product overview

Cryptonomic offers a diverse portfolio of blockchain-focused products and services, including mobile applications (Persimmon), web applications (Rhubarb), developer tools (Conseil/ConseilJS SDK), software wallets (Galleon), blockchain analytics tools (Arronax, Mininax), and cloud services (Nautilus Cloud). The company also engages in research projects like Monadic DNA (privacy-preserving genomics) and institutional finance projects like Project Guardian and Institutional DiD. Services include blockchain strategy consulting, product development and deployment, and smart contract design and audits.

Differentiator

Problem solved

Functional benefit

Products and services

• Persimmon Mobile application for privacy and security-conscious individuals who self-host their crypto keys; allows users to set up trackers and receive daily alerts about balance changes to help monitor wallet activities including staking income and DeFi activity.
• Rhubarb Web application designed to mitigate risks of digital asset transfers through asynchronous sends; funds are parked in a smart contract until the recipient claims them or the sender reverses, preventing errors like sending to wrong addresses.
• Conseil and ConseilJS Industrial-grade indexer for the Tezos blockchain written in Scala using functional programming techniques, paired with a TypeScript SDK (ConseilJS) that abstracts interactions with Tezos nodes for dApp developers.
• Galleon First audited wallet software for the Tezos blockchain platform, preeminent in the ecosystem for multiple years and played a crucial part in the launch and subsequent usage of Tezos.
• Arronax Tool for free-form analysis of Tezos blockchain data that allows users to ask open-ended questions and run rich queries.
• Nautilus Cloud Hosted node and indexer service for the Tezos blockchain, providing managed infrastructure access.
• Blockchain Strategy and Consulting Services Bespoke blockchain consulting services covering strategy, product development and deployment, smart contract design, and smart contract audits for enterprise clients in institutional finance, biotechnology, machine learning, and other sectors.

Quantifiable outcome

• Galleon was preeminent in the Tezos ecosystem for multiple years and played a crucial part in the launch and subsequent usage of Tezos.
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered flagship.

• JP MorganflagshipStrategic or Co-development Partner · 1 January 2022JP Morgan participated in Project Guardian, the first industry pilot for digital asset and decentralized finance under the Monetary Authority of Singapore. Cryptonomic played a key role in product and system design and built all primary components including smart contracts.
• Development Bank of SingaporeflagshipStrategic or Co-development Partner · 1 January 2022Development Bank of Singapore participated in Project Guardian pilot for institutional DeFi with tokenized real world assets. Cryptonomic contributed to overall product and system design and built all primary components including smart contracts.
• SBI (Japan)flagshipStrategic or Co-development Partner · 1 January 2022SBI Japan participated in Project Guardian pilot for institutional DeFi with tokenized real world assets. Cryptonomic was responsible for overall product and system design and built all primary components.
• Monetary Authority of SingaporeflagshipStrategic or Co-development Partner · 1 January 2022Project Guardian was an ambitious effort under the aegis of the Monetary Authority of Singapore, demonstrating applicability of DeFi to institutional finance.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• OpenZeppelin: Provides smart contract audits, security tooling and developer libraries for EVM-based applications. Directly comparable to Cryptonomic's audit services and secure smart contract development work, with a much larger footprint across multiple chains.
• Trail of Bits: Security-focused blockchain consultancy that performs smart contract audits and builds security tooling for crypto protocols. Closely comparable to Cryptonomic's audit practice and security-engineering orientation, particularly for institutional clients.
• CertiK: Smart contract audit and formal-verification firm serving DeFi and Web3 projects. Competes with Cryptonomic in the smart contract audit and security services market and shares the enterprise-focused security narrative.
• TQ Tezos: Core development and tooling contributor to the Tezos ecosystem, building DApps, wallets and infrastructure. Most direct peer given Cryptonomic's deep Tezos focus across Galleon, Conseil and Arronax.

Broad incumbents

• Fireblocks: Institutional digital asset custody, wallet infrastructure and settlement platform. Broader incumbent with overlapping capabilities in custody and institutional asset infrastructure that competes for the same regulated financial institutions Cryptonomic serves.
• BitGo: Institutional digital asset custodian and wallet infrastructure provider with deep bank relationships. Comparable as a broader incumbent delivering institutional-grade crypto infrastructure that banks and asset managers use alongside custom builds like Cryptonomic's.
• Chainalysis: Blockchain analytics, transaction monitoring and compliance tooling firm. Comparable as a broader incumbent in the institutional crypto data and compliance stack, intersecting with Cryptonomic's Arronax analytics tooling.
• Anchorage Digital: Federally chartered institutional digital asset bank offering custody and infrastructure. Comparable as a regulated institutional incumbent serving many of the same bank and asset-manager customers Cryptonomic builds bespoke solutions for.

Emerging players

• Nomadic Labs: Core research and development team for the Tezos protocol, building protocol-level infrastructure. Comparable as a Tezos ecosystem specialist building developer and protocol tools, overlapping with Cryptonomic's Conseil indexer and ConseilJS SDK.

Others

• Tezos Foundation: Swiss foundation that supports Tezos ecosystem development and grants. Relevant as a counterparty and ecosystem supporter rather than a direct competitor, often engaging firms like Cryptonomic to build ecosystem tooling.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CryptonomicTech
• GitHubgithub.com/Cryptonomic
• LinkedInlinkedin.com/company/cryptonomic

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

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 Cryptonomic