Loading organizations...
§ Private Profile · San Francisco, CA, USA
Open-source protocol and developer tools for peer-to-peer digital asset trading on blockchains, serving Web3 developers and end-users.
Based in San Francisco, 0x develops open-source software and developer tools that facilitate peer-to-peer digital asset trading on blockchains without centralized intermediaries. The organization's core infrastructure, including the 0x Protocol and 0x API, aggregates liquidity across more than 20 blockchains to support decentralized finance applications, gaming platforms, and digital marketplaces. Operating with a globally distributed team that grew from approximately 15 employees in 2018, the protocol has processed billions of dollars in historical trading volume. 0x competes with other decentralized exchange protocols and aggregators such as Uniswap, 1inch, and Kyber Network, while expanding its API support to emerging networks like Unichain and Berachain. The entity generates revenue through API services and integration fees, and it also operates Matcha, a consumer-facing decentralized exchange aggregator launched in June 2020. 0x was founded in 2016 by Will Warren and Amir Bandeali.
0x has raised $85.0M across 2 funding rounds.
Key people at 0x.
0x was founded in 2016 by Will Warren (Co-founder & CEO).
0x has raised $85.0M in total across 2 funding rounds.
Key people at 0x.
0x is a technology company building open-source infrastructure and APIs for decentralized exchanges (DEXs) on blockchain networks, enabling developers to create financial products with faster trading, better prices, and superior user experience on crypto rails.[1][2][4] Its product suite includes the 0x Protocol (a global backbone for DEXs), 0x API (multi-chain liquidity aggregation), and Matcha (a DEX aggregator), serving apps like Coinbase Wallet, Robinhood Wallet, MetaMask, and Zapper; these have powered over 52 million transactions and $125B in volume from 6 million users.[1][2][4] 0x solves the complexity of accessing decentralized markets across Web3 layers, reducing costs and improving liquidity for tokenized assets like cryptocurrencies, DeFi tokens, and NFTs, with strong growth evidenced by $109M raised up to Series B and expansion to 15+ chains like Ethereum, Base, Arbitrum, and Monad.[1][2][4]
Founded in 2016-2017 by a team including key contributors to Ethereum's ERC721 NFT standard, 0x emerged from the early need for efficient, decentralized trading infrastructure amid blockchain's rise.[1][2] The idea crystallized as an open-source protocol to enable easy exchange functionality for tokenized assets, launching ZRX token trading in August 2017 after initial funding in May 2017; pivotal moments include $15M Series A in 2021 and $70M Series B in 2022 from investors like Pantera Capital, Greylock, Coinbase, and Jump, totaling $109M raised.[1][2] Early traction came from technical contributions to Ethereum and adoption by hundreds of developers, evolving from protocol focus to a full suite of APIs and tools like Matcha.[1][2]
0x rides the tokenization trend, envisioning all value (fiat, stocks, real estate, NFTs) on public blockchains for a more efficient, transparent global financial system free of middlemen.[5] Timing aligns with Web3 maturation—multi-chain growth, DeFi explosion, and institutional adoption—where market forces like rising DEX volumes ($125B processed) and liquidity fragmentation favor its aggregation tech.[1][4][5] It influences the ecosystem by equalizing access via open-source primitives, empowering developers worldwide, and contributing to standards like ERC721, fostering a tokenized world with freer value flow.[1][2][5]
0x is poised to expand as tokenization accelerates, integrating AI agents, new chains like Monad/Sonic, and monetization for sustainable Web3 apps amid DeFi's rebound.[4][5] Trends like onchain analytics, composable primitives, and governance evolution will shape it, potentially amplifying influence through protocol upgrades and partnerships with wallets/exchanges.[3][4][5] As the go-to DEX infrastructure, 0x will drive developers' one-stop shop for crypto rails, realizing a tokenized world where value flows freely.[1][5]
0x has raised $85.0M across 2 funding rounds. Most recently, it raised $70.0M Series B in April 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2022 | $70M Series B | Greylock | Accel, Andreessen Horowitz, Conviction Partners, Cota Capital, Factor Capital, FPV Fund, Goat Capital, Inspired Capital, IVP, Long Journey Ventures, Matrix, NFX, Nyca Partners, PS Investments, Serena Ventures, Team Ignite Ventures, ThirdLove, UpHonest Capital, Y Combinator, Joshua Schachter, Mark Pincus, OTT Kaukver, Scott Banister, Tikhon Bernstam, Vikas Sabnani, William Adams, Jared Leto, Reid Hoffman, A Capital, Brevan Howard, Coinbase Ventures, Joey Krug, Jump Crypto, OpenSea, Pantera Capital, Sound Ventures | Announced |
| Feb 1, 2021 | $15M Series A | Pantera Capital | Blockchain.com Ventures, Founders Fund, Lightspeed Venture Partners, Blockchain.com, Coinbase Ventures, Jump Capital | Announced |
0x was founded in 2016 by Will Warren (Co-founder & CEO).
0x has raised $85.0M in total across 2 funding rounds.
0x's investors include Greylock, Accel, Andreessen Horowitz, Conviction Partners, Cota Capital, Factor Capital, FPV Fund, Goat Capital, Inspired Capital, IVP, Long Journey Ventures, Matrix.
