Scallop

Scallop

Private
Hong KongCrypto & Web3https://scallop.io

Last Round

Strategic

Oct 10, 2024

Total Funding Raised

$6.02M

Company Overview

Scallop is a financial software company that provides a decentralized finance (DeFi) money market protocol on the Sui blockchain, offering lending, borrowing, and asset management tools.

Sector

Crypto & Web3

Verticals

DeFi, Lending & Credit, Blockchain Infrastructure, Cross-Chain

Business Model

B2C

Customer Profile

Payment Processing Fee, Revenue Share

AI Layer

Non-AI

Keywords

crypto lendingdecentralized money marketSui money marketSui DeFidecentralized lendingyield farmingliquidity protocolflash loansinstitutional DeFidAppDeFi SDKlending derivativesveToken modelcrypto swapcross-chain bridgesCoins

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Scallop Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Scallop Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
StrategicOct 10, 2024
Initial Coin OfferingMar 8, 2024
StrategicMar 4, 2024
StrategicJan 22, 2024
GrantJan 23, 2023

Key People

Founding team and executive leadership

Donnie Chen

Co-Founder CTO

Founding Team

Kris Lai

Founder CEO

Founding Team

Ann Yuxin Luo

Chief Operating Officer

Executive Team

Scallop Investors

Notable investors and investment history

InvestorRounds
KuCoin LabsInitial Coin Offering, Strategic
Sui FoundationGrant, Initial Coin Offering, Strategic
AC CapitalInitial Coin Offering, Strategic
7UpDAOInitial Coin Offering, Strategic
8186 CapitalInitial Coin Offering, Strategic
Side Door VenturesInitial Coin Offering, Strategic
Criterion VCInitial Coin Offering, Strategic

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 9, 2025

    On-chain digital IDs backed by the Republic of Palau will be provided.

  • Mar 29, 2025

    Walrus token now available on the platform.

Scallop Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Scallop Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersHong Kong
Employee Range25
Year Founded2021
Last FundingOct 10, 2024

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