Raiden Network
Raiden Network, developed by Brainbot Labs Est., is an open-source, off-chain Ethereum scaling infrastructure that uses state-channel payment networks to enable near-instant, low-fee ERC20 token transfers for dApp developers, retail payment projects, and IoT/micropayment use cases.
- Company typePrivate
- Founded2000
- HeadquartersRuggell, Liechtenstein
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Raiden Network does
Raiden Network is an off-chain scaling infrastructure for the Ethereum blockchain, developed by Brainbot Labs Est. from Ruggell, Liechtenstein. Its core technology is a state-channel payment network that enables near-instant, low-fee ERC20 token transfers without requiring global consensus on every transaction; the system uses bidirectional payment channels secured by hash-locked balance proofs and supports multihop routing through a Kademlia-like structured network. The product portfolio comprises the full Raiden Network (with mainnet alpha via the Red Eyes release), µRaiden — a simpler unidirectional many-to-one micropayment framework live on Ethereum mainnet since December 1, 2017 — the TypeScript-based Raiden Light Client SDK (raiden-ts v3.1.1), a WebUI, a network explorer, and a Service Bundle offering pathfinding and monitoring. Brainbot Labs employs 1–10 people and operates a product-led, open-source distribution model: clients are downloaded from GitHub, installed via pip/Docker/Homebrew, and integrated via the Raiden REST API, with community engagement handled through Discord, Reddit, Twitter, Medium, and YouTube. Monetization is limited to optional RDN-denominated fees for peripheral services (pathfinding and monitoring); core off-chain transfers incur zero transaction fees, and only channel open/close events pay Ethereum gas. The project is governed as a public open-source initiative, with funding history showing a 2017 RDN token sale backed by AlphaCoin Fund, Continue Capital, Fabric Ventures, Nirvana Capital, and Polychain, and no subsequent disclosed financing rounds.
Raiden Network firmographics
Firmographics- Name
- Raiden Network
- Legal name
- Brainbot Labs Est.
- Website
- https://raiden.network
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Raiden Network, developed by Brainbot Labs Est., is an open-source, off-chain Ethereum scaling infrastructure that uses state-channel payment networks to enable near-instant, low-fee ERC20 token transfers for dApp developers, retail payment projects, and IoT/micropayment use cases.
- Ownership category
- akta.pro rank
Raiden Network industry classification
Industry- Product category
- Blockchain Payment Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (52321)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Blockchain Settlement & Clearing Infrastructure (On-/Off-chain Post-Trade) (FSAGAMAC)
- akta.pro secondary industry
- Digital Asset/Crypto Trade Execution Platforms (FSAFANAO)
Keywords
Where Raiden Network is headquartered
LocationHeadquarters
- HQ city
- Ruggell
- HQ country
- Liechtenstein
- HQ region
- Europe
Offices1 record
Markets served
Raiden Network business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure
Revenue model
- RDN Token for Peripheral Services: The Raiden Network token (RDN) is used to pay for optional peripheral services including pathfinding services and monitoring services. Protocol-level fees in channels denominated in the transferred token. The token is not at the core of the protocol.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Off-chain transfers are free; only channel open/close incurs gas fees |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels8 records
Raiden Network product offering
Product offeringCore offering
Raiden Network is an off-chain scaling infrastructure for the Ethereum blockchain that enables near-instant, low-fee, scalable ERC20 token transfers through bidirectional payment channel (state channel) technology. The protocol allows Ethereum-based applications to process high transaction volumes without congesting the main chain while preserving on-chain security guarantees through cryptographic balance proofs and on-chain settlement.
Product overview
Raiden Network is an off-chain scaling solution for Ethereum providing near-instant, low-fee, and scalable ERC20 token transfers. The core Raiden Network product uses bidirectional payment channels to enable transfers without involving the blockchain for every transaction. The product portfolio includes: (1) the Raiden Network core platform itself; (2) the Raiden Light Client SDK (raiden-ts) in TypeScript for building dApps; (3) µRaiden, a simpler micropayment-focused payment channel framework for many-to-one unidirectional transfers, currently live on mainnet; (4) the Raiden WebUI for graphical access to network functionalities; (5) the Raiden Explorer for network statistics; and (6) the Raiden Service Bundle providing pathfinding and monitoring services. The Python Client executable (v3.0.1) offers full Raiden functionality while the Light Client SDK enables lighter integrations. Both the main network and µRaiden are designed for scalability, privacy, and dramatically lower fees than on-chain Ethereum transactions.
Differentiator
Problem solved
Functional benefit
Brands
- µRaiden: A payment channel framework for fast and free off-chain ERC20 token transfers, designed for micropayments between two parties. It is the simpler sibling of the Raiden Network, enabling unidirectional payment channels.
Products and services
- Raiden Network
- µRaiden (Micro Raiden)
- Raiden Light Client SDK (raiden-ts)
- Raiden WebUI
- Raiden Explorer
- Raiden Service Bundle (Pathfinding & Monitoring Services)
Quantifiable outcome
- Transfers confirmed within subsecond timeframes vs. minutes for on-chain Ethereum transactions
- +3 more outcomes
Companies that use Raiden Network
Customer profileSegments5 records
Ideal customer profiles3 records
Raiden Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature6 records
Raiden Network partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- Trustlines NetworkminorTrustlines Network implements the original Ripple idea on Ethereum using channel networks. Both projects are complementary and at some point, Trustlines could be built on top of the Raiden Network.
- RaidEXminorRaidEX is a Proof-of-Concept decentralized exchange built on top of the Raiden Network using its atomic token swap feature.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Raiden Network competitors and assessment
Company assessmentDirect peers
- Celer Network: Celer provides state channel-based off-chain scaling for Ethereum and other chains, with a cBridge product — directly comparable technology stack and target use cases (micropayments, dApp scaling) to Raiden.
- Connext: Connext is a direct competitor building state channel-based payment infrastructure for Ethereum, targeting the same cross-chain and scalable payments use cases as Raiden with a similar router/channel architecture.
- Lightning Network: Bitcoin's Lightning Network is the canonical payment-channel scaling solution; same bidirectional channel + hash-locked transfer architecture as Raiden, but for BTC rather than ERC20 tokens on Ethereum.
Broad incumbents
- Polygon (formerly Matic): Polygon's PoS and aggregation layer (AggLayer) targets Ethereum scaling via sidechains/rollups rather than state channels, but competes for the same developer mindshare and micropayments/m2m use cases Raiden addresses.
- Arbitrum: Optimistic rollup providing cheap, fast Ethereum transactions that competes head-on with Raiden's value proposition of low-cost, near-instant transfers, especially for dApp developers.
- Optimism: Leading optimistic rollup addressing Ethereum scalability via a different technical mechanism but competing for the same throughput, fee-reduction, and dApp integration mandates as Raiden.
- zkSync: ZK-rollup L2 targeting fast, low-cost Ethereum transactions, an alternative architecture to Raiden's state channels for the same payments and dApp scaling use cases.
- StarkNet: Validity-proof rollup providing scalable execution; competing with Raiden for developer mindshare on Ethereum-based payment and dApp infrastructure.
Emerging players
- TrueBit: Off-chain computation protocol for Ethereum addressing scalability through interactive verification — adjacent to Raiden's off-chain scaling philosophy but solving compute rather than payment throughput.
- Hop Protocol: Cross-chain bridging protocol using liquidity providers and similar off-chain messaging concepts; comparable developer audience building payments/bridging infrastructure atop Ethereum.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Raiden Network social profiles
Digital presenceRaiden Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Raiden Network leadership team
Management profileNumber of profiles
Profiles1 record
Raiden Network funding detail
Funding detailFunding overview
Funding rounds1 record
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Raiden Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Raiden Network
What does Raiden Network do?
Raiden Network is an off-chain scaling infrastructure for the Ethereum blockchain that enables near-instant, low-fee, scalable ERC20 token transfers through bidirectional payment channel (state channel) technology. The protocol allows Ethereum-based applications to process high transaction volumes without congesting the main chain while preserving on-chain security guarantees through cryptographic balance proofs and on-chain settlement.
Is Raiden Network a public or private company?
Raiden Network is a private company. It is classified as unknown and is currently operating.
When was Raiden Network founded?
Raiden Network was founded in 2000. It employs 1 to 10 people.
Where is Raiden Network based?
Raiden Network is headquartered in Ruggell, Liechtenstein, in the Europe region.
How does Raiden Network make money?
One revenue line is on record: RDN Token for Peripheral Services.
Who are Raiden Network's main competitors?
Direct peers on record are Celer Network, Connext and Lightning Network. Broad incumbents are Polygon (formerly Matic), Arbitrum, Optimism, zkSync and StarkNet. Emerging players are TrueBit and Hop Protocol.
Does Raiden Network have an API?
Yes. REST API with endpoints for all functionalities. The API enables dApp developers to easily build applications using the Raiden Network. Supports querying channels, processing payments, and handling events. The Raiden API helps users access functionalities such as joining a token network, opening and closing channels, depositing tokens, and executing payments. A Python Client executable is also available. The SDK version 3.1.1 (raiden-ts) is built in TypeScript and requires a Web3 provider like MetaMask, Parity, or Geth. Developer documentation is at raiden-network.readthedocs.io/en/latest.
What industry is Raiden Network in?
Raiden Network's product category is Blockchain Payment Infrastructure. Its primary akta.pro industry code is FSAGAMAC, Blockchain Settlement & Clearing Infrastructure (On-/Off-chain Post-Trade), with a secondary code of FSAFANAO, Digital Asset/Crypto Trade Execution Platforms. Its NAICS code is 522320 and its SIC code is 6200.