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Conflux Chain
Fintech · Toronto, Canada · Founded 2018
Enables creators, communities, and markets to connect across borders and protocols MoreLess
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.
Keywords: layer 1 blockchain, Tree-Graph, hybrid PoW/PoS, decentralized applications, smart contracts, regulatory compliant, blockchain infrastructure, Web3, cross-border, public blockchain
Company overview
Conflux Chain company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2018
- Headquarters
- Toronto, Canada
- Employees
- 43
- Open positions
- None listed
- Dealroom signal
- 78.6
- Investment activity
- 8 companies · latest May 2026
- Capital deployed
- $64M
- Preferred round
- SEED
Valuation & funding
Conflux Chain funding history
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 | ↗ |
| ICO✓Token sale | Mar 2023 | $10M | — | DWF Labs | ↗ |
| GRANT✓Other financing | Jan 2021 | $5M | — | Undisclosed | — |
| SERIES A✓Equity / VC | Dec 2018 | $35M | $140M | Shunwei Capital · Rong360 · Baidu Ventures · IMO Ventures | — |
| SEED✓Equity / VC | Mar 2018 | Fundamental Labs · IOSG Ventures | — | ||
| SPINOUT✓Other financing | Feb 2018 | Tsinghua University | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $6.5M | 0% | 42 |
| 2025 | $6.5M | 0% | 43 |
| 2024 | $6.5M | 0% | 45 |
| 2023 | $6.5M | +32.7% | 51 |
| 2022 | $4.9M | +40% | 48 |
| 2021 | $3.5M | +9.4% | 43 |
| 2020 | $3.2M | — | 42 |
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.
Comparisons
Conflux Chain compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Capital deployed
Conflux Chain investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Digital Asset Clearing CenterHong KongCompliant clearing and settlement for tokenized assets.
$40Mvaluation
MetaEra MediaCentral and Western District, Hong KongWeb3 news platform and brand growth specialist
$40Mvaluation
BLOCKBOOSTERAmélie-les-Bains-Palalda, FranceDecentralized platform for video streaming, enabling automated revenue distribution and audience engagement through smart contracts
$6Mvaluation
ShuiHong KongSafe and Reliable Liquid Staking on Conflux
→
Mirror L2Palo Alto, United StatesProvides a decentralized and secure Bitcoin staking solution for POS L1/L2 projects
→
Galaxy BlitzHelsinki, FinlandA Play-To-Earn strategy NFT game where you lead the descendants of humanity to forge a new empire
$40Mvaluation
DE
DefiNationSingapore, Singapore
$84Mvaluation
AT
Age of TanksSingaporeA military strategic metaverse game where players can earn rewards by competing in pve and pvp battles
$84Mvaluation
Talent graph
Conflux Chain's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Conflux Chain has talent and traffic
team presence
In the news
Latest news about Conflux Chain
Recent press, funding announcements, and product moves mentioning Conflux Chain — open to read from the original sources.
Market sentiment
What the market is saying about Conflux Chain
An AI-synthesized read of the highest-engagement posts about Conflux Chain on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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