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NDAX

NDAX

Private
CalgaryCrypto & Web3https://ndax.io/en

Last Round

Grant

Apr 29, 2019

Total Funding Raised

$3,100

Company Overview

NDAX is a financial software company that operates a Canadian cryptocurrency trading platform for individuals and institutions.

Sector

Crypto & Web3

Verticals

Crypto Exchanges, Investment Platforms, Staking Platforms, Wealth Management

Business Model

B2C

Customer Profile

Payment Processing Fee, Revenue Share, Subscription SaaS

AI Layer

Application

Keywords

cryptocurrency exchangeCanadian crypto exchangebuy crypto Canadacrypto stakingregulated crypto exchangefiat on-rampcrypto trading platformcrypto OTC deskCIRO regulateddigital asset exchangewhite label crypto exchangecrypto as a serviceflat fee crypto tradingcrypto custodyrecurring crypto buys

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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NDAX Comparables

Compare NDAX with similar companies based on industry and business-model similarity.

NDAX comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
VirgoCX
91%
Newton Crypto Ltd.
85%
BIGG Digital Assets
81%

NDAX Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantApr 29, 2019
SeedDec 1, 2017

Key People

Founding team and executive leadership

Hussein Hammoud

CO-Founder, VP & Chief Technology Officer

Founding Team

Bilal Hammoud

Chief Executive Officer

Executive Team

Tanim Rasul

Chief Operating Officer

Executive Team

NDAX Investors

Notable investors and investment history

NDAX investors
InvestorRounds
Employment and Social Development CanadaGrant

Market signals

Structured signals derived from secondary market and firmographic data.

  • Dec 4, 2025

    Monthly visitors increased 47% MoM.

  • Jan 19, 2025

    Grew 16% QoQ, from 49 to 57 employees.

NDAX Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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NDAX Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about NDAX's valuation, stock price, and market status.

Firmographic Details

HeadquartersCalgary
Employee Range71
Year Founded2017
Last FundingApr 29, 2019

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