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tenprotocol

About tenprotocol

An L2 solution on Ethereum developed by Obscuro Labs, TEN Protocol is the first Layer 2 to deliver smart transparency, scaling and encrypting Ethereum to unlock its full potential.

Business Information
Target Customers
enterprise developers financial institutions
Industry Categories
Blockchain/Web3 Cloud & Infrastructure DevOps, APIs, Developer Tools
Business Model
Revenue Model SaaS
Pricing Strategy Tiered subscription
Sales Channels direct, partnerships
Funding Timeline
Round Date Amount Investors
Seed Sep 01, 2024 $6.0M Unknown
Series A Mar 01, 2024 $9.0M R3 Consortium, KuCoin Labs, Magnus Capital +4 more
Founders
N
Nipun Pitimanaaree

Co-Founder & CEO

T
Tascha Punyaneramitdee

Co-Founder & CEO

Investors
B
Big Brain Holdings

Venture Capital

D
DWF Labs

Venture Capital

K
KuCoin Labs

Venture Capital

M
Magnus Capital

Venture Capital

R
R3 Consortium

Corporate

R
Republic Crypto

Venture Capital

h
Recent Mentions
HuyIT123
0xdxdy | ⌘🛠️ @HuyIT123
Jul 10, 2025

An L2 solution on ETH, @tenprotocol (developed by Obscuro Labs), raised $9 million in a Series A round in March 2024. The round was led by R3 Consortium, with participation from investors such as KuCoin Labs, Magnus Capital, DWF Labs, Republic Crypto, and Big Brain Holdings. The https://t.co/ZLbrca9u2T

Vietduong93
Việt Dương @Vietduong93
Jul 11, 2025

💰 TEN Protocol Secures $9M in Series A Funding Formerly known as Obscuro, TEN Protocol has officially raised $9 million in a Series A round on March 15, 2024, reaching a $30M post-money valuation. Why does it matter? TEN isn’t just another Layer-2 — it’s the first execution https://t.co/IZRQaDp57m

endz_99
Ernest 👁️ Gnoma ⛺ 🔆 @endz_99
Jul 14, 2025

@tenprotocol, a decentralized Ethereum Layer 2 solution that raised $9M in a Series A round on March 15, 2024, from investors like R3 and KuCoin, leveraging Trusted Execution Environments (TEEs) to ensure data confidentiality and computational privacy, as detailed in its https://t.co/jsh4gAweyr

OlayanjuAyobami
Godliveth @OlayanjuAyobami
Jul 14, 2025

Innovation requires funding, and @tenprotocol is well-positioned for long-term growth. With a $9 million Series A funding round in March 2024, led by R3, and a $30 million valuation, they're set for success. Their strong backing from industry leaders, solid valuation, and https://t.co/EwbEMOemKb https://t.co/bjvArVvcwX

HungGBBN
Cafe CHÓA Crypto @HungGBBN
Jul 21, 2025

Good morning from Vietnam! What are the advantages of projects on @cookiedotfun that everyone should know? @tenprotocol was founded in 2024 by Tascha Punyaneramitdee (CEO) and Nipun Pitimanaaree (CTO). Raised capital in September 2024 – completed a seed round of $6 million https://t.co/4DqVCCn273