COMPANY PROFILE

Conflux Chain

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Enables creators, communities, and markets to connect across borders and protocols

Toronto, CanadaFounded 2018Fintech

Valuation $100–250M Last recorded · 2018

Revenue $1–10M Latest reported FY

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Conflux Chain

Conflux Network operates as a permissionless Layer 1 blockchain, positioning itself as a conduit for connecting decentralized economies across different protocols and international borders. The company was founded in 2018. The founding team includes Turing Award recipient Dr. Andrew Yao, alongside Fan Long, YuanJie Zhang, and Ming Wu. The project's genesis can be traced back to a research paper from Dr. Andrew Yao's lab at Tsinghua University.

The core of Conflux's technology is its Tree-Graph consensus algorithm, designed to process blocks and transactions in parallel. Initially launched with a Proof-of-Work (PoW) consensus mechanism, the network has since transitioned to a hybrid model that incorporates Proof-of-Stake (PoS). This hybrid system aims to leverage the security of PoW while enhancing network performance and scalability. The architecture is designed to deliver high throughput and low transaction fees, addressing common blockchain scalability challenges.

A significant aspect of Conflux's strategy is its status as the only public blockchain that is compliant with regulations in China, which provides a strategic advantage for projects aiming to enter the Asian market. This has facilitated collaborations with prominent entities within the region. The network supports smart contracts and decentralized applications (dApps), functioning similarly to other programmable blockchains. Its native token is CFX, which is used for paying transaction fees, participating in network governance, and as a reward for miners and stakers who secure the network.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2018
Headquarters: Toronto, Canada
Employees: 43
Open positions: None listed
Dealroom signal: 78.6/100
Industry: Fintech, Enterprise Software
Sub-industry: Crypto and DeFi
Sector: Fintech, Security, Spinout, Layer1, Crypto and Web 3.0 Infrastructure, Crypto and Web3, DT and LS
Technology: Blockchain, Deep Tech
Business model: SaaS
Client focus: b2b
Investment activity: 8 companies, latest May 2026
Capital deployed: $64M
Preferred round: SEED
Links: Website LinkedIn X

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Funding history

7 recorded events

2 token-sale events are listed separately and excluded from the company funding total.

Deal type	Date	Amount	Valuation	Investors	Source
EARLY VC✓Equity / VC	Sep 2023	$0	—	Newman Capital	↗
ICO✓Token sale	Jun 2023	$18M	—	DWF Labs	↗

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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth
2026
2025
2024
2023
2022
2021
2020		—

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Growth signals

Conflux Chain website traffic

Latest recorded traffic for Conflux Chain is 15K monthly website visits, down 31.8% over the last three months. Conflux Chain's team grew 0% over the past year.

Latest monthly visits15K 3-month web change-31.8% 1-year team growth0%

Monthly website visitsDec 2018–Jul 2026

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