Fundraising Fox

Mina

also invests Β· investor profile

10 known investors

minaprotocol.com β†—

Mina is a lightweight (22KB) proof-of-stake blockchain that uses recursive zero-knowledge proofs to enable verifiable, privacy-preserving applications called zkApps, which are written in TypeScript. It supports use cases such as private identity verification, off-chain computation, Layer 2 scaling, and trustless transactions without centralized intermediaries.

Also known as Coda Protocol Β· Mina Protocol

Crypto & Web3CybersecurityData & InfrastructureDeveloper Tools

Investors Β· 10

Company profile

researched Aug 2026

Mina is a layer-1 blockchain whose state is compressed into a single recursive zero-knowledge proof, keeping the chain a fixed 22KB rather than growing over time as conventional chains do (the site contrasts this with roughly 300GB for other blockchains). Because the whole chain reduces to one succinct 'Proof of Everything,' any device β€” including phones and browsers β€” can join and verify the chain in milliseconds while retaining full-node security, which the project positions as a way to lower the hardware and energy barriers to consensus participation and thereby broaden decentralization [0][1][2][4][3].

On top of the base layer, Mina supports zkApps: zero-knowledge, Turing-complete programs written in TypeScript via the o1js library. zkApps allow computation to run off-chain with only a proof submitted on-chain, so user data never leaves the local device, and they are described as composable β€” proofs produced in one application can be reused by app-chains, roll-ups, zkVMs and L2s. Stated use cases span private identity and trustless attestations (for example proving a follower count or running auditable private elections), verifiable infrastructure, L2 and rollup scalability, and compliant DeFi such as fair lending criteria checks without exposing user data [0][1][2].

The technical stack comprises the Kimchi proof system with the Pickles recursion layer, the Ouroboros Samasika proof-of-stake consensus protocol, and the 'Snarketplace,' a marketplace in which block producers purchase completed SNARK work from SNARK workers before adding transactions to blocks [2]. The protocol implementation is written primarily in OCaml and released under Apache 2.0, and includes an implementation of the Rosetta API alongside archive-node tooling [5].

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Accounts (network figure shown on site; site notes numbers are simulated and repJan 2026186,000
Blockchain size (fixed)Jan 202622 KB
Blocks (network figure shown on site; site notes numbers are simulated and repreJan 2026309,000 blocks
GitHub commits (MinaProtocol/mina)Jan 202641,582 commits
GitHub forks (MinaProtocol/mina)Jan 2026584 forks
GitHub stars (MinaProtocol/mina)Jan 20262,100 stars
Transactions (network figure shown on site; site notes numbers are simulated andJan 20264,600,000 transactions

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Competitors Β· 10

by search overlap
Coinbase26 shared keywordsCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.
Crypto26 shared keywordsCrypto.com operates a regulated all-in-one financial app where users can buy, trade, earn, and spend cryptocurrencies, stocks and ETFs, and prediction market contracts, plus a self-custody onchain wallet with DeFi access. It serves retail and institutional investors globally, with equities and prediction markets offered to US users under SEC and CFTC regulation.
Kraken23 shared keywordsKraken 360 Investments provides capital and launch infrastructure to blockchain protocols in pre-token and early post-token phases, offering custody, staking, treasury, and liquidity services alongside fundraising support.
KuCoin21 shared keywordsKuCoin is a cryptocurrency exchange where users can trade digital assets. It highlights proof-of-reserves transparency and ranks among the larger crypto trading platforms.
The Ethereum Foundation20 shared keywordsethereum.org is a public, open-source educational resource and community portal for the Ethereum blockchain network, maintained by a core team and thousands of global contributors. The site serves as an onboarding portal and knowledge hub for developers, users, and those new to Ethereum and cryptocurrency.
Chainlink18 shared keywordsChainlink is an oracle platform that connects blockchains with external data, existing systems, and other chains, providing data feeds, cross-chain interoperability, settlement, compliance, and privacy infrastructure. It serves financial institutions and decentralized finance (DeFi) protocols building and operating tokenized asset and onchain financial products.
Bitget18 shared keywordsBitget is a cryptocurrency exchange platform that also offers Bitget CFD, letting users trade traditional assets such as forex, gold, crude oil, and indices directly with USDT via an MT5 account. It provides multi-asset trading with up to 500x leverage for retail and crypto traders.
Aleo17 shared keywordsAleo is a Layer-1 blockchain platform powered by zero-knowledge cryptography that enables private, programmable, and scalable applications. The platform serves developers, businesses, and individuals building decentralized applications with privacy and compliance features.
Ledger16 shared keywordsLedger provides hardware and software cryptocurrency wallet solutions that enable users to buy, swap, earn, and manage digital assets with security features and portfolio tracking capabilities across multiple blockchain networks.
CryptoRank16 shared keywordsCryptoRank provides cryptocurrency market data, analytics, and research, including live prices and market capitalization rankings for thousands of coins, along with fundraising trends and token sale tracking. It publishes insights and reports covering exchanges, funding rounds, and market narratives for crypto investors and researchers.

Companies competing with Mina for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline Β· 6

launches, deals, and filings
Jul 2026
Q2 2026 Mina Ecosystem Update

Ecosystem update covering the Mesa Trail, ecosystem milestones and new developer tooling across the Mina community in Q2 2026.

source β†—

May 2026
Introducing Protokit: Privacy-Enabled Applications on Mina

Announcement published on the Mina website introducing Protokit for privacy-enabled applications on Mina.

source β†—

Apr 2026
Q1 2026 Mina Ecosystem Update

source β†—

Apr 2026
Road to Mesa: Status Update (March 2026)

source β†—

Jan 2026
Mesa testnet live

The Mina website announces that the Mesa testnet is live, with accompanying 'Road to Mesa' status updates.

source β†—

Oct 2020
Coda Protocol rebranded to Mina

A podcast interview with O(1) Labs co-founders Evan Shapiro (CEO) and Izaak Meckler (CTO) discusses the transformation of Coda Protocol into Mina, and the role of community input in the rebrand.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 8

primary sources listed
  • Minaminaprotocol.com Β· web

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Mina do?
Mina is a layer-1 proof-of-stake blockchain that uses recursive zero-knowledge proofs to stay a constant 22KB in size.
Who are Mina's investors?
Mina's investors include Bixin Capital, Bixin Ventures, Coinbase Ventures, Collab+Currency, Danu Ventures, Fenbushi Capital, IOSG Ventures, Multicoin Capital and 2 more.