Proof Suite was formed by three friends, who happened to be software developers and Western expats, in South Korea in 2016. Their original focus was leveraging their group's blockchain projects to land jobs at the same multi-national corporation. Failing to convince several Fortune 500s to create a division for their group, and with a portfolio of projects that almost landed at larger firms, the team decided to continue under the name of their first flagship product: Proof. Today, Proof Suite is one of the fastest growing fintech companies in Korea, with 15 team members in Seoul and dozens of remote team members around the globe.
Having built over 10 products for the blockchain community, mostly open-sourced, the team conducted a token sale in late 2017, raising over $3.1 million from the Proof community. Today, Proof is building two platforms that are transforming the world of finance for both retail traders and institutions. Proof is domiciled in Estonia, with most operations and development in South Korea and the US.