OverviewSuggest Edit

    The Foundation is a non-profit organization dedicated to the ongoing development of NEM blockchain technology and the promotion of a vibrant ecosystem of NEM users and developers in governments, academia, industry and the public at large. The Company's blockchain technology delivers a platform for management of almost any kind of asset: currencies, supply chains, notarizations, ownership records and more.

    HQSingapore, SG

    Latest Updates

    Employees (est.) (Nov 2021)64(-5%)
    Cybersecurity ratingAMore
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    Key People/Management at Foundation

    David Shaw

    David Shaw

    Chief Executive Officer
    Mike Sotirakos

    Mike Sotirakos

    Managing Director at NEM Software
    Iain Wilson

    Iain Wilson

    Chief Financial Officer
    David Mansell

    David Mansell

    Chief Operating Officer
    Samy Mendiburo

    Samy Mendiburo

    Global Marketing & Events Director
    Dave Hodgson

    Dave Hodgson

    Chief Investment Officer
    Show more Foundation Office Locations Foundation has offices in Singapore and Gibraltar
    Gibraltar, GI
    Suite 7, Hadfield House, Library Street,
    Show all (2) Foundation Financials and Metrics

    Summary Metrics

    Founding Date



    NEM (XEM)
    Show all financial metrics Foundation Operating Metrics

    Jan, 2017Feb, 2017Mar, 2017Apr, 2017May, 2017Jun, 2017Jul, 2017Aug, 2017Sep, 2017Oct, 2017Nov, 2017Dec, 2017Jan, 2018Feb, 2018Mar, 2018Apr, 2018

    Average Daily Transactions Volume

    $162.9 k$230 k$863.83 k$3.51 m$20.17 m$11.84 m$4.24 m$10.67 m$5.54 m$4.81 m$10.67 m$93.77 m$117.62 m$51.3 m$65.77 m$44.03 m

    Average Daily Transactions

    4755387751.16 k2.22 k2.57 k1.94 k2.63 k2.07 k1.83 k1.98 k5.78 k3.97 k3.5 k3.91 k2.3 k

    Monthly Transactions

    14.72 k15.07 k24.03 k34.88 k68.8 k77.19 k60.18 k81.55 k62.21 k56.85 k59.49 k173.32 k118.97 k97.94 k121.22 k68.89 k

    Circulating Supply

    9 b9 b9 b9 b9 b
    Show all operating metrics Foundation Cybersecurity Score

    Cybersecurity ratingPremium dataset



    SecurityScorecard logo Foundation Online and Social Media Presence

    Embed Graph Foundation Blogs

    NEM Trust Update

    Dear NEM Community,We would like to do an update post-Symbol launch on the state of reserve funds. As a brief summary, leading up to the launch of the Symbol network, the old NEM Core Team voted to set up a Trust in Gibraltar to settle the Core Funds for

    NEM Ignite Incubator Program Supports Three Early-Stage Projects on Symbol

    We’re excited to announce that the NEM Ventures team has successfully incubated three blockchain startups on Symbol via the NEM Ignite Incubator Program.NEM Ventures launched NEM Ignite earlier this year to help early-stage startups develop their project and deliver on their vision via 1:1 tailored …

    Get the new Symbol Wallet release — now with post-launch opt-in!

    This release features updates to all platforms. The most notable addition to this release is post-launch opt-in, which is now available for the Symbol Wallet.The full list of additions and fixes for mobile and desktop wallets are:AddedSymbol post-launch opt-in menuAdded for advanced usersAdd custom …

    NEM enters NFT space, spearheaded by sporting legend Sir Kenny Dalglish and Manchester City star Riyad Mahrez

    We’re happy to announce that NEM will launch exclusive collections of digital memorabilia in July 2021. They will include digital collectibles of some of the world’s most famous and celebrated sports stars, including Sir Kenny Dalglish   and Riyad Mahrez, bringing fans the chance to own a piece of

    Why Does Your Business Need Blockchain?

    In today’s business world, blockchain is becoming a fundamental tool that your business can use to secure your products. Blockchain’s position in businesses is just like a laptop compared to a paper. Both laptop... The post Why Does Your Business Need Blockchain? appeared first on NEM News Website.

    Get involved in Supernode Program community testing now!

    In March, the NEM community, supported by the NEM Group, launched a decentralized network called Symbol. NEM Symbol is a Proof-of-Stake blockchain with an innovative tokenomics model that democratizes access to rewards for securing the network. The tokenomics model was accepted by the community in a…
    Show more Foundation Frequently Asked Questions

    • When was Foundation founded? Foundation was founded in 2015.

    • Who are Foundation key executives? Foundation's key executives are David Shaw, Mike Sotirakos and Iain Wilson.

    • How many employees does Foundation have? Foundation has 64 employees.

    • Who are Foundation competitors?

      Competitors of Foundation include Ripple, BitGo and Bitcoin.

    • Where are Foundation offices? Foundation has offices in Singapore and Gibraltar.

    • How many offices does Foundation have? Foundation has 2 offices.