Last updated 2026-08-29
- Raised $28.5M debt round led by Clairvest, Jul 2019
- Raised $32.8M Undisclosed Round led by Clairvest, Mar 2018
- Raised $2.3M Undisclosed Round led by Algorand, Mar 2020
Total raised
$63.6M
Stage
—
Founded
2018
Headcount
6
HQ
New York City, United States
Sector
Blockchain
About
SFB Technologies Inc. is a company founded in 2019 that operates as a platform offering a blockchain-based currency. They were chosen by the Marshall Islands to build the Sovereign (SOV), which is intended to be the world's first digital legal tender. The SOV is designed to combine aspects of traditional government-issued currencies and cryptocurrencies, focusing on sustainability, fairness, safety, and simplicity.
Funding history · 3 rounds · $63.6M total
3 events/rounds · $63.6M Total Funding: $35.1M in Private Equity, $28.5M in Debt
Mar 2020
★ Algorand
Jul 2019
★ Clairvest
Mar 2018
★ Clairvest★ Sports Media Technology★ Republic of the Marshall Islands government
Headcount over time
6 employees (2026-09) · 1 point
Offices
New York City, United States · HQ / main office
Q&A
- What is SFB Technologies Inc.'s primary focus?
- SFB Technologies Inc. is focused on building the infrastructure for countries to issue digital money.
- When was SFB Technologies Inc. founded?
- SFB Technologies Inc. was founded in 2018.
- What is the primary sector of SFB Technologies Inc.?
- The primary sector of SFB Technologies Inc. is Fintech.
- Where is SFB Technologies Inc. headquartered?
- SFB Technologies Inc. is headquartered in New York City, United States.
- What notable project has SFB Technologies Inc. undertaken?
- SFB Technologies Inc. was appointed by the Marshall Islands to design and develop the world's first digital legal tender, the Sovereign (SOV), a blockchain-based currency.
- Who is the CEO and Founder of SFB Technologies Inc.?
- Barak Ben-Ezer is the CEO and Founder of SFB Technologies Inc.
- What core technology does SFB Technologies Inc. utilize?
- SFB Technologies Inc. utilizes blockchain as its core technology.
- Which customer segment does SFB Technologies Inc. primarily target?
- SFB Technologies Inc. primarily targets governments as its customers.
Team · 1
Barak Ben-Ezer
Founder · CEO & Founder
Sectors & technology
Primary sector
Blockchain
Technologies
Target customers
Business model
Platform
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
Identifiers & details
| Founded | 2018 |
|---|---|
| Employees (exact) | 6 |
Radar intelligence
Patents
| EPO | 45 |
|---|