Biconomy

Biconomy has rapidly emerged as a pivotal infrastructure provider for the next generation of Web3 applications, focusing on simplifying blockchain transactions and onboarding for both developers and end-users. The company is led by co-founders Ahmed Al-Balaghi, Aniket Jindal, and Sachin Tomar, and has grown to serve over 1 million users across more than 100 countries as of 2025. Biconomy’s mission is to drive mainstream adoption of decentralized applications (dApps) by abstracting away the complexities of blockchain—such as gas fees, wallet management, and cross-chain interoperability—through its powerful, easy-to-integrate APIs and SDKs.

Core Products and Services

• Multi-Chain Relayer Network: Enables gasless and meta-transactions, allowing users to interact with dApps without holding native tokens or paying gas fees directly.

• Plug-and-Play SDKs & APIs: Developer tools for integrating seamless transaction journeys, social logins, and smart contract wallets into dApps.

• Account Abstraction & Smart Accounts: Programmable modules that simplify user onboarding, enable multi-chain support, and abstract wallet complexities.

• Cross-Chain Interoperability: Infrastructure for bridging assets and data across multiple blockchains, supporting broad dApp deployment.

• Digital Asset Exchange: Biconomy.com offers a global trading platform with spot and futures markets, staking, copy trading, and enterprise-grade security for 250+ trading pairs

• Enterprise-Grade Security: Bank-level cold storage, real-time risk monitoring, and full KYC/AML compliance for institutional and retail users.

• Earn & Staking Products: Users can earn interest on digital assets through staking and lending features.

Business Model & Revenue Streams

• Transaction Fees: Biconomy charges a fee for each transaction processed through its relayer infrastructure, generating an estimated $3 million in monthly recurring revenue as of 2023.

• Subscription Services: Tiered subscription plans for developers and enterprises provide access to premium features, higher transaction limits, and dedicated support.
• Enterprise Solutions: Custom integrations and white-labeled infrastructure for large organizations, including compliance, scalability, and security enhancements.
• Developer Tools & APIs: Freemium model for SDKs and APIs, with premium offerings for advanced analytics and support.
• Digital Asset Exchange Fees: Trading, withdrawal, and listing fees from Biconomy.com’s global exchange platform.

Top Clients & Partnerships

• DeFi Protocols & dApps: Key clients include leading DeFi platforms, NFT marketplaces (e.g., OpenSea, Rarible), and blockchain games leveraging Biconomy’s gasless transaction infrastructure.

• CrowdSwap: Cross-chain DeFi protocol integration for seamless asset swaps.

• Unmarshal: Data APIs powering relayer infrastructure and transaction management.

• Luganodes: Institutional-grade validator services supporting Biconomy’s MEE nodes and Supertransaction model for cross-chain execution.

• Layer-1 Blockchains: Multiple partnerships to drive interoperability and multi-chain support.

Future Outlook & Strategic Priorities

• Launch of Biconomy’s proprietary blockchain infrastructure in 2026, enabling new DApps, on-chain trading tools, and decentralized identity solutions.

• Expansion into new markets (Africa, Asia, Latin America) and deepening integration with DeFi, NFT, and gaming ecosystems.

• Continued innovation in account abstraction, cross-chain interoperability, and AI-powered transaction management (reflecting recent market trends).

• Strengthening developer support and community engagement to drive adoption and retention.

• Regulatory uncertainty across multiple jurisdictions, especially regarding digital asset trading and data privacy.