Arwen, formerly known as Commonwealth Crypto, is a Layer 2 blockchain protocol startup which gives you the best protection while you trade on cryptocurrency exchanges.
Arwen’s technology eliminates needless risk and friction associated with moving coins across custodians.
Arwen was founded in 2017 by Sharon Goldberg and Ethan Heilman. The company is headquartered in Boston, Massachusetts.
Arwen’s technology streamlines the bilateral settlement process while eliminating unnecessary risk. Arwen gives you the tools to verify clients’ funds and settle real-time, end of day, or netting. Provide your clients with a desktop interface or API for settlement.
Arwen aims to be the most secure standard of trading as a technology built for centralized cryptocurrency exchanges. Their protocol and system has been developed by a team with over a decade of expertise in cryptographic standards and network security.
Arwen is backed by low Ventures, Coinshares, Collaborative Fund, Underscore VC, and DG Lab Fund. The company raised $3.3M in a latest financing on Feb 05, 2020. This brings Arwen's total funding to $4.8M to date.