Frax
Financial Software · Cayman Islands · 11-50 Employees
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Overview
Headquarters
Willow House Cricket Square PO Box 709 F...Website
www.frax.comRevenue
<$5 MillionIndustry
ZI Rank: 1
Signal Type
Dec
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ZI Rank
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About Frax
Frax is a U.S.-based financial technology company building the infrastructure for open, stable, and borderless digital money. Founded by Sam Kazemian and Jason Huan in 2019, Frax Finance is the inventor of the fractional stablecoin and first crypto native CPI known as the Frax Price Index, and is a stablecoin protocol that issues multiple stablecoins including FRAX, frxETH, and FPI. The platform features frxUSD Stablecoin, a fully backed digital dollar powered by U.S. Treasuries through partners like BlackRock and Superstate. Fraxtal Blockchain is a high-performance, Ethereum-compatible network optimized for stablecoin scalability and real-time payments. FraxNet is a non-custodial platform for minting, redeeming, and earning yield on frxUSD. Frax serves financial institutions, fintechs, and enterprises seeking secure, compliant access to digital dollars and blockchain infrastructure.Explore more
Frax Org Chart
TC
Senior Contract Engineer
JA
Board Meber. Advisor. Investor
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Company Profile Activity
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Frax is experiencing very low activity levels compared to other companies in the Software sector.
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Frax Tech Stack
A closer look at the technologies used by Frax
Most Recent Scoops
Event
Person-Based
Sam Kazemian, Founder, appeared on a podcast called "Unchained" on 09/10/2025. Topics discussed include USDH bidding war, DAT model, stablecoin opportunities.
Events, Podcast
Event
Person-Based
Sam Kazemian, Founder, appeared on a podcast called "Bankless" on 04/28/2025. Topics discussed include ETH asset, Ethereum technology, valuation model.
Events, Podcast
Funding
Funding
Frax News & Media
KRWQ, the Most Traded Korean Won Stablecoin, Joins FraxNet's GENIUS-Compatible Network
KRWQ Becomes Part of Frax's Global Stablecoin Network LAS VEGAS, Dec. 10, 2025 /PRNewswire/ -- KRWQ, the most traded Korean won stablecoin, today announced its integration with FraxNet, Frax's unified infrastructure for cross-chain stablecoin settlement. With KRWQ joining FraxNet, global...Frax Finance Stablecoin to Leverage BlackRock’s BUIDL, Tokenized by Securitize
Frax Finance, a “decentralized” stablecoin cryptocurrency protocol, has recently announced the launch of a new stablecoin, frxUSD, that will leverage BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize, to deliver a “fully auditable” backing mechanism. This partnership marks a milestone in the integration... Read MoreFrax Launches frxUSD Stablecoin, backed by the BlackRock's USD Institutional Digital Liquidity Fund (BUIDL), Tokenized by Securitize
Seamless Fiat On/Off Ramp Built on Ethereum Network Adds Unprecedented Transparency and Custody LAS VEGAS, Jan. 2, 2025 /PRNewswire/ -- Frax Finance, a decentralized stablecoin cryptocurrency protocol, today announced the launch of a new stablecoin, frxUSD, that will leverage BlackRock's...Frax Finance X account hacked, CEO suspects 'inside job' at Elon Musk's office
Frax Finance CEO Sam Kazemian urged users to avoid links from the X compromised account until further notice.
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Frax is a U.S.-based financial technology company building the infrastructure for open, stable, and borderless digital money. Founded by Sam Kazemian and Jason Huan in 2019, Frax Finance is the inventor of the fractional stablecoin and first crypto native CPI known as the Frax Price Index, and is a stablecoin protocol that issues multiple stablecoi... Read More
