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Based in Hanoi, Vietnam, Aura Network is a Layer-1 blockchain built on the Cosmos ecosystem that provides open-source infrastructure and tools for developers creating non-fungible tokens, Web3 games, digital asset platforms, and decentralized finance applications. The organization operates a decentralized network where transaction fees and validator staking mechanisms are managed through its native AURA token. To scale its global operations, the company has raised approximately $6.5 million in total venture funding, including a $4 million Pre-Series A round led by Hashed and Coin98, with additional participation from Republic Crypto. Following the official launch of its mainnet in March 2023, the network expanded its market presence by listing its token on centralized cryptocurrency exchanges such as Gate.io and KuCoin. Aura Network was founded in 2021 by Giang Tran, Yamato Tran, and Long Nguyen.
Aura Network has raised $6.5M across 2 funding rounds.
Aura Network has raised $6.5M in total across 2 funding rounds.
Aura Network has raised $6.5M across 2 funding rounds. Most recently, it raised $4.0M Seed in February 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2023 | $4M Seed | Hashed, Thanh LE | Multicoin Capital | Announced |
| Apr 18, 2022 | $2.5M Seed | — | Ahamove, Avatar BY Avalanche, Coin98 Ventures, DEO Network, Ecomobi, GBV Capital, Guildfi, Impossible Finance, KuCoin Ventures, Kyber Ventures, Mexc, OIG, Pencil Group, Redline DAO, TPX Ventures, Vanda Capital | Announced |
Aura Network is a Layer-1 NFT-centric blockchain founded in 2021 and headquartered in Hanoi, Vietnam, designed to accelerate global NFT adoption through the "Internet of Blockchain."[1][2][5] It builds a comprehensive DApp ecosystem on Cosmos SDK, enabling brands and IP owners to engage fans via NFTs while maximizing interoperability and utilities.[2] Recently pivoting to real-world asset (RWA) tokenization for enterprise, entertainment, and government, it secured strategic investment from FPT Corporation and partnerships with entities like Coin98 Finance, Kyber Network, Canow, AIA, and the Government of Sierra Leone.[1][2] Serving enterprises, governments, and Web2 brands, Aura solves NFT interoperability challenges and RWA integration issues, with $6.5M total funding, mainnet launch in October 2022, and revenue around $17.6M as of recent data.[1][5]
Growth momentum includes FPT-backed scaling for asset tokenization (e.g., real estate, bonds), enterprise solutions, government-compliant tools like digital identity, and cross-border liquidity, positioning it strongly in Asia's blockchain market.[1]
Aura Network emerged in 2021 (some sources note 2020) from a team of blockchain enthusiasts in Vietnam passionate about elevating NFTs beyond hype.[1][2][5] CEO Giang Tran leads the effort, emphasizing long-term NFT ecosystem growth.[1] The idea stemmed from recognizing NFTs' untapped potential in an interoperable "Internet of Blockchain," built on Cosmos SDK for openness and utility expansion.[2]
Early traction included collaborations with industry leaders like FPT Corporation, Coin98 Finance, and Kyber Network, committing to organic community growth.[2] Pivotal moments: $2.5M seed funding in 2022, "Xstaxy" mainnet launch on October 1, 2022, and FPT's strategic investment to evolve into an RWA chain, plus partnerships with Web2 firms (e.g., Ahamove, AhaFast) and Sierra Leone's government.[1][5]
Aura Network rides the RWA tokenization trend, bridging blockchain with real-world assets amid rising demand for digitized ownership in enterprise, entertainment, and government sectors.[1][6] Timing aligns with Asia's blockchain boom, fueled by regulatory progress and FPT's SEA network, countering NFT market volatility by emphasizing utilities like asset tracking and interoperability.[1][2]
Market forces favoring Aura include enterprise blockchain adoption (e.g., efficiency/transparency needs) and government partnerships for compliant solutions, influencing the ecosystem by fostering NFT/RWA standards and liquidity in emerging markets like Vietnam and Sierra Leone.[1] It accelerates "Internet of Blockchain" vision, connecting Web2 firms to Web3.
Aura Network's FPT-backed pivot to RWA positions it for explosive growth in Asia's tokenization wave, prioritizing asset frameworks, enterprise tools, and global interoperability.[1] Upcoming trends like regulatory clarity and cross-chain liquidity will amplify its role, potentially expanding influence via more government ties and metaverse integrations. As RWA demand surges, Aura could redefine enterprise blockchain, evolving from NFT pioneer to infrastructure leader—tying back to its mission of transforming industries through empowered economic individuals.[1]
Aura Network has raised $6.5M in total across 2 funding rounds.
Aura Network's investors include Hashed, Thanh Le, Multicoin Capital, Ahamove, Avatar by Avalanche, Coin98 Ventures, Deo Network, Ecomobi, GBV Capital, GuildFi, Impossible Finance, KuCoin Ventures.
