Press & Media | Covalent

Press & Media

Covalent provides a unified API to bring full transparency and visibility to assets across all blockchain networks.

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Blockchains provides a new frontier of development for enterprises, consumers and software developers. Due to its decentralized architecture, immutable ledger and highly secure framework, applications of the technology will impact industries ranging from finance and retail to personal identity and cryptocurrency.

Covalent currently serves the burgeoning ecosystem of products and services in the Decentralized Finance (DeFi) space.

Unique capabilities

Covalent is the industry standard because of its differentiated approach:

  • Enterprise focus: The richness of our APIs supports diverse use-cases like wallets, exchanges, custodians, taxation amongst many others.
  • No code: We are the only no code, zero-config solution that does not require an engineer.
  • DeFi SDK: A toolkit to address as-of-yet unsolved use-cases.

How Covalent came to be

The first version of Covalent was built in a weekend at a distributed systems hackathon in the fall of 2017. After winning the hackathon, we decided to turn it into a managed service and start commercialization.

Who we are

Covalent is built by a smart team of financial analysts, data scientists, blockchain and database engineers passionate about improving and scaling blockchain technologies. Covalent is funded by leading venture investors, with over a decade of expertise building and scaling technology companies. The company is 35-person distributed team headquartered in Vancouver, BC. Read more about us.

Our Brand