# Arpa Network

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/arpa-network

- Industry: IT Security/Cybersecurity
- Headquarters: Singapore, Singapore
- Website: www.arpachain.io/
- Latest round: Seed (Aug 20, 2018)
- Investors on record: 6

## About

Founded in 2018 and based in Singapore, Arpa Network operates as a provider of a blockchain-based platform that enables users to protect their data and secure their digital wallet via its decentralized technology. Felix Xu (CEO) and Yemu X. are the co-founders of the company. In May 2024, Arpa Network raised USD 6 million in venture funding co-led by DeFiance Capital, Laser Venture Capital, Animoca Brands, Metric Ventures, Trinoto, and ArkStream Capital.

The company provides a permissionless threshold BLS (Boneh-Lynn-Shacham) network designed to enhance various blockchain applications. The firm’s primary product, Randcast, functions as a verifiable random number generator (RNG) and offers additional solutions such as secure wallets, cross-chain bridges, and decentralized custody services. The Arpa network ensures security and efficiency for decentralized systems by leveraging threshold cryptography.

The organization plans to use the May 2024 funding to expand its ARPA Randcast customer base and launch new products in the market.

## Funding rounds

- Seed, Aug 20, 2018 — Liyuan Venture Capital, Arrington Capital, Ledger Capital, GBIC, Connect Capital, Coefficient Ventures

## Investors

- Liyuan Venture Capital (https://capitalatlas.ai/funds/liyuan-venture-capital) — Seed
- Arrington Capital — Seed
- Ledger Capital — Seed
- GBIC — Seed
- Connect Capital (https://capitalatlas.ai/funds/connect-capital) — Seed
- Coefficient Ventures — Seed