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Frax Finance
Frax Finance provides cryptocurrency and DeFi protocols, offering a partially collateral-backed and algorithmically stabilized token. The company serves the...
Frax Finance
Frax Finance provides cryptocurrency and DeFi protocols, offering a partially collateral-backed and algorithmically stabilized token. The company serves the financial technology industry. Frax Finance was founded in 2019 and is headquartered in Grand Cayman, Cayman Islands.
General information
Firm type
Asset Manager
Location
Region
North America
Country
United States
City
Brooklyn
Corporate office
Brooklyn, NY, United States
Additional offices
San Francisco, CA · Seattle, WA · Sao Paulo, Brazil · Covina, CA · Toronto, Canada · Freienbach, Switzerland · Princeton, NJ · New York, NY
Frequently asked questions
Who makes investment and governance decisions at Frax Finance?
Governance is executed by veFXS tokenholders, who lock FXS tokens in exchange for voting power. They direct protocol emissions across liquidity pools and strategic initiatives. Founder Sam Kazemian remains the public face and a core technical contributor, but treasury allocation follows on-chain voting results rather than a traditional CIO-led structure.
How does Frax Finance source and deploy capital?
Frax's treasury is built on-chain from protocol revenue, collateral reserves, and liquidity positions. Deployment decisions are integrated directly into the veFXS gauge system, where tokenholders vote to allocate emissions to specific stablecoin pools on partner exchanges such as Curve. The protocol does not operate a traditional venture fund or make direct equity-style investments.
What assets does the Frax treasury hold?
The treasury holds a mix of cryptocurrency collateral backing stablecoins, including USDC and other assets, as well as protocol-owned liquidity positions across decentralized exchanges. FrxETH, its liquid staking derivative, is backed by staked Ethereum assets. Exact compositions are viewable on-chain and adjust algorithmically and through governance.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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