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commonwealthcrypto.com

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Stage

Incubator/Accelerator | Alive

Total Raised

$1.5M

About Commonwealth Crypto

Commonwealth Crypto is developing technology to allow traders to maintain custody of their coins while trading at a cryptocurrency exchange.

Commonwealth Crypto Headquarter Location

61 A Gore Street

Cambridge, Massachusetts, 02141,

United States

Latest Commonwealth Crypto News

Starting up Commonwealth Crypto – Cybersecurity Factory – Medium

Jan 5, 2018

Starting up Commonwealth Crypto In August 2016, my research group at Boston University (BU) posted a paper online announcing TumbleBit , a protocol that provides fast, secure, and anonymous Bitcoin-backed payments through an untrusted intermediary (the “Tumbler”). Our work received significantly more attention than we expected. Organizations, not affiliated with BU or our research team, started contributing to the TumbleBit open-source project . Companies started to commercialize TumbleBit, and production Tumblers started coming online. While all this was happening around us, my TumbleBit co-author, Ethan Heilman , and I had several conversations exploring the idea of other blockchain-backed protocols that we could design, build and commercialize through our own startup. We decided to apply to Highland Capital’s cybersecurity factory program. The program gave us the space, time, and money to think seriously about the services we wanted to build, and the markets we wanted to enter. We had great mentors who advised on how to connect with investors, how to position our services, and how to connect with the market. After a summer of doing business development, we settled on developing a new service that allows traders to maintain custody of their coins while trading at a cryptocurrency exchange. Our technology ensures that no one, even a compromised or hacked exchange, has the power to take custody of a trader’s digital assets. Instead, traders can keep their coins securely housed in their wallet or custodial service, even as they trade. Once the summer came to an end, we started developing our pilot technology and searching for seed round investors. Several months later, I’m thrilled to say that our startup, Commonwealth Crypto , just closed a $1.5M seed round lead by Underscore VC , an early stage venture firm based in Boston, along with Highland Capital and Notation Capital . As an exciting year comes to an end, we continuing to building out our pilot technology, while looking to bring new blockchain, full-stack and cloud engineers and business development folks onto our team. We think our technology has the potential to have serious impact on the cryptocurrency marketplace, and we are excited to find out where the next step on this journey will take us!

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Expert Collections containing Commonwealth Crypto

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Commonwealth Crypto is included in 3 Expert Collections, including Blockchain.

B

Blockchain

3,282 items

Companies and startups in this collection leverage blockchain technology for crypto investing and trading, decentralized finance (DeFi), NFTs, and more.

C

Capital Markets Tech

1,306 items

Companies in the capital markets tech space are providing software and/or services for investment banks, hedge funds, investment managers, and so forth. Companies included use technology across the front, middle, and back-offices and streamline all pre- and post-trade operations.

F

Fintech

7,012 items

US-based companies

Commonwealth Crypto Web Traffic

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Page Views per Million (PVPM)
Reach per Million (RPM)
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Commonwealth Crypto Rank

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