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tanX
The best onchain spot trading crypto exchange
About tanX
Brine operates as a decentralized exchange (DEX) in the cryptocurrency market, providing a platform for users to trade digital assets without the need for a central authority or intermediary. The company serves individual traders and investors who seek a secure and efficient way to trade cryptocurrencies. Brine's business model revolves around facilitating transactions on its platform, earning revenue through trading fees and other value-added services. The platform boasts several innovative features, including zero gas fees, a high-speed matching engine for instantaneous trading, and the use of zero-knowledge proofs (ZKPs) to ensure transaction confidentiality and security. Brine addresses common challenges in the DEX space, such as liquidity issues and user experience, by offering a robust tech stack that integrates both off-chain and on-chain components. This dual approach allows for efficient transaction processing and enhanced privacy. The company aims to empower users by providing a decentralized trading environment that eliminates unnecessary information sharing and shortens transaction chains.
Source: Dealroom company dataLatest news
Press, funding announcements and product moves mentioning tanX.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Sep 2023 | $17M | $100M | Goodwater Capital · StarkWare Industries · Upsparks VC · The Spartan Group | ↗ |
Growth signals
Latest recorded traffic for tanX is 2.7K monthly website visits, up 35% over the last three months. tanX's team grew 3.8% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A7 investors entered at this stage
Goodwater Capital
StarkWare Industries
Upsparks VC
The Spartan Group
Protofund
Pantera Capital
Elevation Capital
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about tanX on X, ranked by likes and reposts, corporate channels excluded.
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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