Kadena LLC Due Diligence

Run due diligence on Kadena LLC: check compliance and get alerts when suppliers change.

United States · kadena.io · 6 vendors

Kadena LLC is a blockchain platform that offers a scalable layer 1 Proof of Work blockchain and a secure smart contract language called Pact. The company aimed to provide a high-performance, scalable, and secure blockchain solution for enterprises and decentralized applications.

Resilience scores

Technology vendors

Services catalogue

2 services in catalogue across 2 categories; runs on 6 sub-vendors.

Insights

Last updated 2026-08-14 · revision 1

6 direct vendors, 114 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Compliance

7 in-scope frameworks identified; showing 3.

SEC Digital Asset Regulations — No public evidence

Evidence: https://kadena.io, https://www.sec.gov/corpfin/framework-investment-contract-analysis-digital-assets, https://www.sec.gov/news/press-release/2023-102

OFAC Sanctions Compliance — No public evidence

Evidence: https://kadena.io, https://ofac.treasury.gov/media/913571/download?inline, https://home.treasury.gov/system/files/126/virtual_currency_guidance_brochure.pdf

SOC 2 (source) — No public evidence

Evidence: https://kadena.io, https://www.aicpa-cima.com/resources/landing/system-and-organization-controls-soc-suite-of-services

Financials

Three-year financials

Financial Resilience Score: 1/10

Kadena LLC ceased business operations on October 21, 2025, per the notice on its official website (kadena.io). This terminal event indicates the company's financial resilience was insufficient to sustain the business through the prolonged crypto downturn and challenging operating environment. As a private US LLC, Kadena did not publish audited financials, was not registered with the SEC, and no revenue, EBIT, or equity figures are available in primary public sources. Historically, Kadena had notable strengths: a strong technical founding team with JPMorgan blockchain backgrounds (Stuart Popejoy and Will Martino), ownership of a live Layer-1 proof-of-work blockchain (KDA token) with the Chainweb architecture, and capital raised through early token sales and private rounds during the 2018-2021 crypto cycles. However, its business was tightly coupled to the KDA token's market value and Kadena chain adoption, creating severe revenue concentration risk. The realized terminal risk, combined with regulatory overhang from US SEC actions against token issuers (2022-2024), competitive pressure from consolidation around Ethereum and Solana, and opaque private financials, all contributed to the wind-down. While the Kadena public blockchain may continue as a decentralized protocol, the corporate development entity is defunct.

Key strengths: Strong technical founding team from JPMorgan blockchain division, Owned live Layer-1 blockchain (KDA token) with Chainweb architecture, Raised capital via token sales and private rounds during 2018-2021 crypto cycles, Historical treasury of digital assets (KDA tokens)

Risk factors: Terminal risk realized: company ceased operations on October 21, 2025, Revenue concentration in a single ecosystem tied to KDA token value, Regulatory overhang from US SEC actions against crypto token issuers, Competitive pressure from L1 consolidation around Ethereum and Solana, Private, opaque financials limiting external solvency assessment, Prolonged crypto bear market 2022-2024 compressed treasury and runway

Revenue by product/service

Workforce by country

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