COMPANY PROFILE

Ninety Eight

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Offering simple and secure crypto and bitcoin wallet to store, send, receive, and manage crypto assets

Hồ Chí Minh City, VietnamFounded 2017Fintech

Valuation $50–100M Last recorded · 2021

Revenue $10–50M Latest reported FY

Headcount 100–500 Current team size

Total funding $10–50M Disclosed equity funding

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About Ninety Eight

Ninety Eight operates as an ecosystem of innovative companies with a focus on making Web3 accessible to a global audience. The company is involved in founding and funding blockchain enterprises, aiming to empower human potential through technological advancements. By providing financial support and resources, Ninety Eight facilitates the growth of blockchain companies that contribute to the broader mission of democratizing access to Web3 technologies. The business model revolves around strategic investments and partnerships, leveraging the C98 token as a primary utility within its ecosystem. This approach not only supports the development of blockchain solutions but also fosters a community of builders who are committed to shaping the future of digital interactions. The company primarily serves blockchain startups and developers, operating within the rapidly evolving Web3 market. Revenue is generated through investments and the utility of the C98 token, which plays a central role in the ecosystem's operations.

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At a glance

Status: Operational
Founded: 2017
Headquarters: Hồ Chí Minh City, Vietnam
Employees: 178
Open positions: None listed
Dealroom signal: 60.9/100
Industry: Fintech
Sub-industry: Crypto and DeFi
Sector: Fintech, Cefi, Crypto and Web3
Technology: Blockchain, Artificial Intelligence, Mobile app
Business model: Marketplace & ecommerce
Client focus: b2b, b2c
Investment activity: 7 companies, latest Oct 2024
Capital deployed: $19M
Preferred round: SEED
Links: Website LinkedIn X

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
EARLY VC✓Equity / VC	May 2021	$11M	$45M	Frontier · Origin Capital · HC Ventures · #Hashed	—
EARLY VC✓Equity / VC	Apr 2021	$4M	$16M	Alameda Research	—

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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		—

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Growth signals

Ninety Eight website traffic

Latest recorded traffic for Ninety Eight is 2.6K monthly website visits, up 13% over the last three months. Ninety Eight's team declined 7.8% over the past year.

Latest monthly visits2.6K 3-month web change+13% 1-year team growth-7.8%

Monthly website visitsDec 2020–Jul 2026

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