Elastos

Blockchain Infrastructureelastos.info

Elastos is a Singapore-based decentralized internet infrastructure company building Bitcoin-secured Web3 products, including BeL2 (native Bitcoin DeFi), Elacity (creator marketplace), and the Essentials Wallet, serving cryptocurrency users, Web3 developers, and digital content creators.

Company typePrivate
Founded2017
HeadquartersSingapore, Singapore
Headcount11–50
GTM typeB2B and B2C
OfferingSoftware

What Elastos does

Elastos is a decentralized internet infrastructure company founded in 2017, operating as a DAO with governance formalized through a CRC governance DAO LLC in the Marshall Islands and headquartered in Singapore. The company builds a Bitcoin-secured Web3 platform using merge-mined proof-of-work consensus, where its ELA token has been tethered to Bitcoin's hashpower since 2018, with 450 EH/s (60% of the BTC network) securing the Elastos mainchain. Its core technology stack includes a multi-sidechain architecture, decentralized identity (DID), and secure off-chain data storage and networking, forming what the company calls the "SmartWeb." Key products include BeL2 (a Native Bitcoin DeFi protocol enabling Bitcoin holders to access DeFi without custodians or moving assets off-chain), Elacity (a World Computer Marketplace for creator monetization), and the Essentials Wallet (for staking, dApp access, and ecosystem participation). The company also operates a DePIN (Decentralized Physical Infrastructure Network) component.

Elastos firmographics

Firmographics

Name: Elastos
Legal name: Elastos DAO
Website: https://elastos.info
Company type: Private
Founded year: 2017
Operating status: Operating
Headcount range: 11–50 employees
Short description: Elastos is a Singapore-based decentralized internet infrastructure company building Bitcoin-secured Web3 products, including BeL2 (native Bitcoin DeFi), Elacity (creator marketplace), and the Essentials Wallet, serving cryptocurrency users, Web3 developers, and digital content creators.
Ownership category
akta.pro rank

Elastos industry classification

Industry

Product category: Blockchain Infrastructure
NAICS: Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
SIC: Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
akta.pro primary industry: Cross-Chain Wallet & Asset Routing Infrastructure (FSADACAJ)
akta.pro secondary industries: Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB), On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD)

Keywords

Web3 infrastructure
Bitcoin Layer-2
Decentralized identity
Blockchain protocol
DeFi platform

Where Elastos is headquartered

Location

Headquarters

HQ city: Singapore
HQ country: Singapore
HQ region: Asia

Markets served

Elastos business model

Business model

GTM type: B2B and B2C
Offering type: Software
Cost components: Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

ELA Token Economics: The native ELA cryptocurrency serves as the utility token for the Elastos ecosystem, used for DeFi, staking rewards, and network participation. The token generates value through staking (3.29% APR) and ecosystem utility.
Investment Capital: Strategic investment from Rollman Management ($20M) to scale the Bitcoin-aligned ecosystem, fund BeL2 protocol launch, and grow Elacity marketplace.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels9 records

Elastos product offering

Product offering

Core offering

Elastos builds Bitcoin-secured Web3 infrastructure including the Elastos Mainchain (merge-mined with Bitcoin), the BeL2 native Bitcoin DeFi Layer-2 protocol, the Elacity World Computer Marketplace for creators, and the Essentials Wallet — all governed by the Elastos DAO and powered by the merge-mined ELA utility token. The platform enables users to retain self-sovereign ownership of digital identity, data, and assets while accessing decentralized finance without custodians.

Product overview

Elastos is a Web3 infrastructure company offering a multi-component decentralized web platform secured by Bitcoin. The architecture consists of the Bitcoin-anchored Elastos Mainchain with multiple sidechains for specialized functions, combined with the BeL2 Native Bitcoin DeFi protocol for Bitcoin-aligned decentralized finance, the Elacity World Computer Marketplace for blockchain-powered data monetization, and the Essentials Wallet for staking, dApp access, and ecosystem exploration. All components operate under the Elastos DAO governance framework, utilizing merge-mined ELA tokens as the utility and reserve asset, enabling users to own their digital identity, data, and assets within a Bitcoin-secured environment.

Differentiator

Problem solved

Functional benefit

Brands

BeL2: Bitcoin Elastos Layer-2 - Native Bitcoin DeFi infrastructure enabling smart Bitcoin functionality without moving assets off the Bitcoin mainchain
Elacity
Essentials Wallet
Elastos DAO

Products and services

BeL2 (Bitcoin Elastos Layer-2) Native Bitcoin DeFi protocol enabling Bitcoin holders to utilize Bitcoin for decentralized finance without custodians or moving assets off the Bitcoin mainchain. Positions Elastos as the utility layer for Bitcoin finance.
Elacity World Computer Marketplace Blockchain-powered open marketplace enabling creators to monetize content and digital assets without intermediaries, part of the Web3 data marketplace ecosystem.
Essentials Wallet Multi-functional cryptocurrency wallet allowing users to stake ELA tokens, earn APY rewards, access decentralized applications, and explore the Elastos ecosystem.
Elastos DAO Community-governed DAO powered by merge-mined ELA tokens enabling decentralized governance and decision-making for the Elastos ecosystem through token holder participation.
ELA Token Native cryptocurrency token secured by Bitcoin, merge-mined with Bitcoin since 2018. Functions as the utility and governance token of the Elastos SmartWeb ecosystem with total supply of 28,199,999 ELA.

Quantifiable outcome

3.29% APR for ELA stakers
+2 more outcomes

Companies that use Elastos

Customer profile

Segments3 records

Ideal customer profiles3 records

Elastos technology and API

Technology

Technology focussed Yes

API detail

Has API: Yes
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Elastos partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and minor.

ViaBTCcoreTechnology or IntegrationViaBTC is a Bitcoin mining pool that participates in Elastos merge-mining, contributing to the network's security through Bitcoin hashpower. ViaBTC mined the latest block at time of data capture.
CoinbaseminorChannel Partner/ Reseller/ DistributorCoinbase serves as a cryptocurrency exchange listing ELA token, providing distribution channel for token trading and liquidity.
GlideminorChannel Partner/ Reseller/ DistributorGlide is a decentralized exchange (DEX) enabling ELA token trading, providing non-custodial trading options within the ecosystem.
MEXCminorChannel Partner/ Reseller/ DistributorMEXC is a cryptocurrency exchange listing ELA token for trading, providing additional liquidity and accessibility.

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Elastos competitors and assessment

Company assessment

Broad incumbents

Filecoin: Filecoin provides decentralized storage with token-incentivized infrastructure. Comparable to Elastos's 'secure off-chain data storage and networking' layer and Elacity data-monetization marketplace.
Polygon: Polygon offers a multi-chain EVM ecosystem with sidechains and ZK-rollups for DeFi and enterprise. Comparable as a broad Web3 infrastructure platform with wallet, DeFi, and identity components.
Cosmos / Interchain Foundation: Cosmos pioneered the appchain and multi-sidechain model via IBC. Architecturally comparable to Elastos's multi-sidechain design and interoperable Web3 infrastructure vision.
Helium: Helium is a leading DePIN network using token incentives to bootstrap decentralized physical infrastructure. Directly relevant to Elastos's DePIN component and token-incentivized infrastructure model.
Internet Computer (ICP): DFINITY's Internet Computer is a decentralized 'world computer' providing on-chain compute, storage, and smart contracts. Closely parallels Elastos's 'World Computer' SmartWeb thesis and multi-sidechain architecture.

Direct peers

Liquid Network: Liquid is a Bitcoin sidechain focused on faster settlement and asset issuance for traders and institutions. Shares Elastos's Bitcoin-sidechain model and target developer/exchange ecosystem.
Rootstock (RSK): Rootstock is one of the longest-running Bitcoin sidechains, enabling EVM-compatible smart contracts secured by merge-mining with Bitcoin. Highly comparable to Elastos's Bitcoin-anchored multi-sidechain model and BeL2 thesis.
Babylon: Babylon builds Bitcoin staking and security-sharing infrastructure, letting BTC secure other chains and protocols. Comparable to Elastos in using Bitcoin's security budget to power a broader DeFi and crypto-economic stack.
Stacks: Stacks is a Bitcoin Layer-2 bringing smart contracts and DeFi to BTC via Proof-of-Transfer. Directly comparable to Elastos's BeL2 as both target native Bitcoin programmability and DeFi without moving BTC off the mainchain.

Emerging players

Botanix Labs: Botanix is an emerging EVM-equivalent Bitcoin L2 using a 'Spiderchain' architecture. Competes for the same Bitcoin-DeFi developer mindshare as Elastos's BeL2.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

Elastos financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Elastos leadership team

Management profile

Number of profiles

Profiles2 records

Elastos funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Elastos M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elastos

What does Elastos do?

Is Elastos a public or private company?

Elastos is a private company. It is classified as venture growth investor backed and is currently operating.

When was Elastos founded?

Elastos was founded in 2017. It employs 11 to 50 people.

Where is Elastos based?

Elastos is headquartered in Singapore, Singapore, in the Asia region.

How does Elastos make money?

Two revenue lines are on record. ELA Token Economics are the primary driver. The others are investment Capital.

Who are Elastos's main competitors?

Broad incumbents on record are Filecoin, Polygon, Cosmos / Interchain Foundation, Helium and Internet Computer (ICP). Direct peers are Liquid Network, Rootstock (RSK), Babylon and Stacks. Botanix Labs is listed as an emerging player.

Does Elastos have an API?

Yes. Developer Portal available at https://elastos.dev/ with SDKs and tools for building on the platform. The platform supports decentralized application development with access to Elastos infrastructure, though specific API types (REST, GraphQL, etc.), authentication methods, rate limits, and versioning details are not specified in the available source material. Developer documentation is at elastos.dev.

What industry is Elastos in?

Elastos's product category is Blockchain Infrastructure. Its primary akta.pro industry code is FSADACAJ, Cross-Chain Wallet & Asset Routing Infrastructure, with a secondary code of BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms. Its NAICS code is 518 and its SIC code is 6200.