Company Overview
Snapshot
Founded in June 2017 by Erez Ben-Kiki and eiTan LaVi, DcentraLab operates with 11–50 employees. The company has raised $240,000 across one funding round from 3 investors. In October 2019, DcentraLab's 2key Network layer-2 solution was announced to run on the Elrond blockchain.
Business overview
DcentraLab develops an ecosystem of on-chain products aimed at accelerating blockchain mass adoption, generating value, and enhancing transparency. The company's core offerings include ChainPort, a cross-chain bridge providing custodian-level security and interoperability; Hord, a tokenized crypto ETF platform for investing in tokenized strategies; TokensFarm, a multi-chain farm-as-a-service provider; and 2key, a layer 2 protocol on Ethereum that converts regular links into multi-step referral SmartLinks. DcentraLab serves the Fintech & Insurtech sector, focusing on blockchain, cryptocurrency, and tokenization technologies for B2B2C and B2B markets globally.
Strategic signal
In October 2019, DcentraLab announced that its 2key Network layer-2 solution would run on the Elrond blockchain. This strategic integration signaled DcentraLab's commitment to enhancing the scalability and efficiency of its decentralized applications, leveraging Elrond's high-throughput architecture to improve user experience and expand the reach of its blockchain-based referral system. For investors, this indicated a move towards greater technological adoption and ecosystem integration within the blockchain space.
Log in to access full profile ›Company Intelligence Q&A
- When was DcentraLab founded?
- DcentraLab was founded in June 2017 by co-founders Erez Ben-Kiki and eiTan LaVi.
- What is DcentraLab's primary focus?
- DcentraLab focuses on creating an ecosystem of on-chain products designed to accelerate blockchain mass adoption, produce value, and increase transparency.
- What products has DcentraLab developed?
- DcentraLab has developed and operates four projects: ChainPort, Hord, TokensFarm, and 2key.
- What was a significant development for 2key Network?
- In October 2019, 2key Network, a layer-2 solution by DcentraLab, announced its integration to run on the Elrond blockchain.
- What is ChainPort?
- ChainPort is a cross-chain bridge developed by DcentraLab that provides custodian-level security with full interoperability.