Nym
Nym is a Swiss privacy technology company operating NymVPN, a decentralized VPN built on a noise-generating mixnet, zero-knowledge credentials, and a Cosmos-based blockchain. It serves privacy-conscious consumers, cryptocurrency users, journalists, and at-risk populations globally.
- Company typePrivate
- Founded2022
- HeadquartersNeuchâtel, Switzerland
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Nym does
Nym Technologies SA is a Swiss-based privacy technology company (headquartered in Neuchâtel) that operates NymVPN, a decentralized virtual private network service built on a Noise Generating Mixnet architecture. The underlying technology stack combines a multi-layer encrypted mixnet with cover traffic and timing obfuscation, zero-knowledge access credentials (zk-nyms) issued via the Cosmos-based Nyx blockchain, and the NYM utility token (1 billion total supply). The service offers two modes: Fast Mode, a 2-hop AmneziaWG/WireGuard connection for everyday browsing and streaming, and Mixnet Mode, a 5-hop connection through the noise-generating mixnet for metadata-resistant use cases such as cryptocurrency transactions, secure messaging, and source protection.
Nym serves a horizontal consumer base primarily composed of privacy-conscious individuals, cryptocurrency users, journalists and whistleblowers, and at-risk populations (activists, domestic abuse survivors, users in restrictive regimes). Revenue is generated through tiered NymVPN subscriptions (fiat or privacy-coin payments including BTC, ZEC, XMR), a token-discounted plan paying with $NYM (85% discount), and a Pay as You Go option enabling fully anonymous access without accounts via zk-nym credentials (225 $NYM minimum deposit for approximately 25GB). Distribution is direct-to-consumer and self-serve through nym.com, Apple App Store, Google Play, and F-Droid, with a 7-day free trial and anonymous signup requiring no email. Go-to-market relies on product-led growth, community-led engagement (weekly YouTube/Twitch calls, Nym Squad League token rewards, Discord/Telegram/Matrix channels), and event presence at privacy and crypto conferences.
The company originated as an academic research project around 2018, launched the NYM token on mainnet via CoinList in February 2022 under an approved Swiss utility token prospectus, ran the NymVPN beta in late 2024, and achieved full commercial launch in January 2025. Recent strategic activity has centered on product surface expansion (split tunneling in beta across platforms, post-quantum key exchange via the Lewes Protocol, Android ad blocker) and ecosystem scaling (600+ independent node operators, 71+ exit countries).
Nym firmographics
Firmographics- Name
- Nym
- Legal name
- Nym Technologies SA
- Website
- https://nym.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Nym is a Swiss privacy technology company operating NymVPN, a decentralized VPN built on a noise-generating mixnet, zero-knowledge credentials, and a Cosmos-based blockchain. It serves privacy-conscious consumers, cryptocurrency users, journalists, and at-risk populations globally.
- Ownership category
- akta.pro rank
Nym industry classification
Industry- Product category
- Virtual Private Network (VPN) Software
- NAICS
- Security Systems Services (except Locksmiths) (561621), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Computer Communications Equipment (3576)
- akta.pro primary industry
- Decentralized Bandwidth & Connectivity (bandwidth marketplaces, VPN, ISP/last-mile DePIN) (FSAPALAD)
- akta.pro secondary industry
- Software-Defined Perimeter (SDP) / Zero Trust Network Access (ZTNA) (HDADABAC)
Keywords
Where Nym is headquartered
LocationHeadquarters
- HQ city
- Neuchâtel
- HQ country
- Switzerland
- HQ region
- Europe
Offices1 record
Markets served
Nym business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Infrastructure, Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- NymVPN Subscription: Subscription-based VPN service with tiered pricing. Free trial available for 7 days with all features. Early Bird pricing offers significant discounts (80-85% off) for long-term plans, especially when paying with $NYM tokens. Supports multiple payment methods including fiat (debit/credit cards), cryptocurrency (BTC, ZEC, XMR, and other privacy coins).
- Pay as You Go (Token-Based): Decentralized billing option requiring minimum deposit of 225 $NYM tokens (approximately 25GB of usage). Provides anonymous network access without traditional accounts or subscriptions, converting tokens into zk-nym credentials through the decentralized validator network.
- NYM Token Utility: The $NYM token serves as the utility token powering the network, used for node operator rewards, staking, and payment for NymVPN services. Token holders can pay for subscriptions at discounted rates (85% off), stake to earn rewards, or delegate to high-performing nodes.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free Trial - 7 days, all features |
| Subscription | Annual | Standard subscription with fiat payment |
| Subscription | Annual | Discounted subscription with $NYM token payment |
| Usage-based | Pay-as-you-go | Pay as You Go - token-based anonymous access |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Nym product offering
Product offeringCore offering
Nym develops and operates a decentralized privacy network that delivers NymVPN, a VPN client available on Windows, macOS, Linux, Android, and iOS with two modes: Fast Mode (2-hop AmneziaWG/WireGuard) for everyday browsing and Mixnet Mode (5-hop Noise Generating Mixnet) for full metadata protection. The ecosystem is powered by the Nyx blockchain (Cosmos SDK), the NYM utility token, and zk-nym zero-knowledge credentials that decouple payments from VPN usage, making it architecturally impossible for the company to log user data.
Product overview
Nym is a privacy-focused technology company offering a suite of interconnected products centered around its decentralized mixnet infrastructure. The core product is NymVPN, a decentralized VPN service available in two modes: Fast Mode (2-hop AmneziaWG/WireGuard) for everyday browsing, and Mixnet Mode (5-hop Noise Generating Mixnet) for complete metadata protection. The ecosystem includes the Nym Mixnet (the underlying decentralized network), NYM Token (the native utility cryptocurrency on the Nyx blockchain), Nym Wallet (for token storage and staking), and zk-nyms (zero-knowledge anonymous credentials). The company recently added split tunneling, post-quantum encryption via the Lewes Protocol, and Pay as You Go anonymous billing options.
Differentiator
Problem solved
Functional benefit
Products and services
- NymVPN A decentralized VPN client offering two modes — Fast Mode (2-hop AmneziaWG/WireGuard) for everyday browsing and streaming, and Mixnet Mode (5-hop Noise Generating Mixnet) for complete metadata protection — available on Windows, macOS, Linux, Android, and iOS for individual consumers seeking anonymous internet access.
- Nym Mixnet (Noise Generating Mixnet) A decentralized, permissionless mixnet of independent gateways and mix nodes that routes and mixes packets using multi-layer encryption, cover traffic, and timing obfuscation, designed to obscure communication patterns from AI-powered surveillance and provide metadata protection beyond centralized VPNs.
- NYM Token The native utility token of the Nym network used to pay for NymVPN services (with up to 85% discount), reward node operators for routing and anonymizing traffic, and serve as a reputation/staking token. Total supply of 1 billion tokens on the Nyx blockchain.
- Nym Wallet A native desktop wallet for storing $NYM tokens, bonding nodes, and delegating to mix nodes to earn rewards; available for Linux, macOS, and Windows (v1.2.19).
- Nyx Blockchain An Inter-Blockchain Communication Protocol and CosmWasm-enabled Cosmos blockchain that supports the Nym network, hosts the NYM and NYX cryptocurrencies, and facilitates zk-nym credential generation through smart contracts.
- zk-nyms (Zero-Knowledge Anonymous Credentials) Zero-knowledge anonymous access credentials generated on the Nyx blockchain from successful payments, unlinking NymVPN usage from payments and personal information to provide anonymity even from Nym itself.
- Pay as You Go A decentralized, usage-based billing option for NymVPN that converts $NYM token deposits into anonymous zk-nym credentials through the validator network, providing anonymous access without accounts or subscriptions for technical users via a command-line interface.
Quantifiable outcome
- Decentralized network with 600+ independent nodes providing privacy guarantees impossible on centralized VPNs
- +3 more outcomes
Companies that use Nym
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles4 records
Nym technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature7 records
Nym partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights6 records
Nym competitors and assessment
Company assessmentEmerging players
- Tor Project: The original open-source anonymity network (onion routing). While Nym is a commercial product and Tor is non-profit, both target metadata protection through layered encrypted routing; Tor's 'Tor over VPN' use cases overlap with Nym's mixnet mode.
- HOPR: Mixnet-protocol adjacent privacy network using Sphinx packet format and hopr token incentives. Operates in the same metadata-protection space as Nym's mixnet but targets protocol-layer developers rather than end-user VPN consumers.
- Sentinel: Decentralized bandwidth marketplace and dVPN with the DVPN token, paying node operators for bandwidth. Comparable to Nym at the DePIN/business-model layer though less differentiated on cryptography.
Direct peers
- Proton VPN: Proton AG's privacy-focused VPN, also Swiss-domiciled and explicitly benchmarked by Nym on its comparison page. Both target privacy-conscious users with anonymous signup and privacy-preserving payment options, and both position around transparency and audits.
- Mullvad VPN: Swedish privacy-focused VPN known for anonymous account creation (account numbers, no email) and cash/privacy-coin payments. Closest philosophical peer to Nym's anonymous-signup and unlinkable-payment design.
- Mysterium Network: Decentralized VPN (dVPN) where users pay node operators in MYST tokens for bandwidth. Shares the Web3 bandwidth-marketplace model with Nym and targets similar privacy-conscious and crypto-native users.
- Orchid: Decentralized VPN using a Web3/token model (OXT) and a marketplace of bandwidth providers - directly comparable to Nym's DePIN-style decentralized network and NYM-token bandwidth economics.
Broad incumbents
- NordVPN: Market-leading consumer VPN brand used as a direct head-to-head comparison by Nym. Represents the centralized-incumbent model Nym's decentralization is built to differentiate against.
- ExpressVPN: Major global consumer VPN with Kape Technologies ownership. Competes for the same privacy-conscious consumer segment Nym targets, though with a centralized architecture.
Others
- Tailscale: Modern WireGuard-based mesh VPN built on the Noise protocol. Different target market (developer/team connectivity rather than privacy consumers), but overlapping underlying cryptography and infrastructure category.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Nym social profiles
Digital presenceNym compliance and trust
Trust signalCompliance4 records
Nym financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nym leadership team
Management profileNumber of profiles
Profiles7 records
Nym funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nym 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 Nym
What does Nym do?
Nym develops and operates a decentralized privacy network that delivers NymVPN, a VPN client available on Windows, macOS, Linux, Android, and iOS with two modes: Fast Mode (2-hop AmneziaWG/WireGuard) for everyday browsing and Mixnet Mode (5-hop Noise Generating Mixnet) for full metadata protection. The ecosystem is powered by the Nyx blockchain (Cosmos SDK), the NYM utility token, and zk-nym zero-knowledge credentials that decouple payments from VPN usage, making it architecturally impossible for the company to log user data.
Is Nym a public or private company?
Nym is a private company. It is classified as venture growth investor backed and is currently operating.
When was Nym founded?
Nym was founded in 2022. It employs 11 to 50 people.
Where is Nym based?
Nym is headquartered in Neuchâtel, Switzerland, in the Europe region.
How does Nym make money?
Three revenue lines are on record. NymVPN Subscription is the primary driver. The others are pay as You Go (Token-Based) and NYM Token Utility.
Who are Nym's main competitors?
Emerging players on record are Tor Project, HOPR and Sentinel. Direct peers are Proton VPN, Mullvad VPN, Mysterium Network and Orchid. Broad incumbents are NordVPN and ExpressVPN. Tailscale is listed as an others.
Does Nym have an API?
Yes. Nym offers Rust and TypeScript SDKs for developers to integrate with the Nym network. The Nym-CLI tool and Nyxd binary provide blockchain interaction capabilities. A Node Status API exists for probing and displaying gateway availability. The network explorer provides API access for monitoring network performance. Developer documentation is at nym.com/docs.
What industry is Nym in?
Nym's product category is Virtual Private Network (VPN) Software. Its primary akta.pro industry code is FSAPALAD, Decentralized Bandwidth & Connectivity (bandwidth marketplaces, VPN, ISP/last-mile DePIN), with a secondary code of HDADABAC, Software-Defined Perimeter (SDP) / Zero Trust Network Access (ZTNA). Its NAICS code is 561621 and its SIC code is 3576.