Wavebridge
Wavebridge is a technology company.
Financial History
Wavebridge has raised $6.0M across 1 funding round.
Frequently Asked Questions
How much funding has Wavebridge raised?
Wavebridge has raised $6.0M in total across 1 funding round.
Wavebridge is a technology company.
Wavebridge has raised $6.0M across 1 funding round.
Wavebridge has raised $6.0M in total across 1 funding round.
Wavebridge has raised $6.0M in total across 1 funding round.
Wavebridge's investors include Hashed.
Wavebridge is a Seoul-based fintech company founded in 2018 that builds a digital assets management platform tailored for institutions, offering trade and order execution, tax and accounting reports, digital wallets, OTC crypto exchange services, and compliant infrastructure.[1][4][5] It serves corporations, family offices, high-net-worth individuals, and institutional investors, solving key challenges in secure, regulated digital asset management amid crypto market volatility and evolving regulations.[1][4] With VASP licenses from Korea's KoFIU and Lithuania, Wavebridge demonstrates strong growth momentum through partnerships like Zodia Custody (Jan 2025) for integrated custody solutions and index launches with MVIS and Vinter, positioning it as a bridge between traditional finance and crypto.[1][2]
Wavebridge was established in November 2018 in Seoul, South Korea, by CEO Jongwook (John) Oh, who leads with expertise in traditional and crypto finance, alongside leaders like Jay Jihoon Lee heading digital business.[1][2] The idea emerged during the rise of blockchain and DeFi, addressing institutional needs for compliant crypto tools in a fragmented market.[5] Early traction came from securing VASP licenses in Korea and Lithuania, enabling secure OTC services, with pivotal moments including the 2023 launches of the MVIS-Wavebridge Bitcoin Plus Altcoins Momentum Index and Hybrid Asset Allocation Momentum Index with Vinter.[1][2][3]
Wavebridge rides the institutional adoption of crypto trend, capitalizing on post-2022 regulatory clarity in Asia (e.g., Korea's VASP framework) and global demand for compliant DeFi/wealth tech amid Bitcoin ETF approvals and altcoin momentum.[1][5] Timing aligns with rising institutional inflows into digital assets, fueled by market forces like ETF launches and hybrid finance products, where Wavebridge's OTC and index tools reduce entry barriers.[2] It influences the ecosystem by partnering with custodians like Zodia and index providers, standardizing secure crypto access for non-US institutions and accelerating fintech-blockchain convergence in wealth management.[1][4]
Wavebridge is poised for expansion through deeper custody integrations, new indices, and potential pre-IPO liquidity via platforms like EquityZen, leveraging Asia's crypto hub status.[2] Trends like tokenized real-world assets and AI-driven trading will shape its path, amplifying its role in compliant institutional crypto infrastructure.[1][5] As regulations mature globally, Wavebridge's bridge from traditional to digital finance could evolve it into a dominant player, delivering scalable innovation to institutions navigating the next crypto cycle—echoing its mission to evolve with markets.[5]
Wavebridge has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Series A in June 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2021 | $6.0M Series A | Hashed |