Emurgo

Basics

• A company founded in 2017 in Japan.
• From the Cardano team page:

" The role of Emurgo is to develop, support, and incubate commercial ventures and help integrate these businesses into Cardano’s decentralized blockchain ecosystem. Emurgo is investment focused and invests in two ways:

• Through direct investment into start-up ventures, and
• By developing commercial partners who want to use blockchain technology to revolutionize their industries.

Emurgo has established research and development centers in key geographies such as the Philippines, South Korea, and Vietnam, and has headquarters in Japan. In the first phase of building the community Emurgo will focus on establishing infrastructure so it can later deploy funds to strategic projects and application builders."

• Creators of the Yoroi Cardano Light Wallet .
• From a commissioned Messari report (17-3-2023):

"At the Cardano Summit in November, EMURGO announced plans to launch USDA, which is set to be the first USD-backed stablecoin on Cardano."

Team, partners, etc.

• 40+ team members (9-2019)
• Ken Kodama; founder CEO
• Manmeet Singh; CIO, also Council Member of the Cardano Foundation(on the website as of 9-2019)
• Part of Blockchain in Europe
• From a commissioned Messari report (27-12-2022):

"EMURGO announced a $200 million ecosystem fund."