Merkl provides an on‑chain platform that automates cross‑chain payouts for stablecoin issuers, tokenized funds, exchanges and fintech services, supporting over 60 blockchains. The service offers private payment mode, an API for custom distribution logic, and a claim app for millions of wallets, handling the transaction orchestration so clients can focus on their core products.
Funding
Funding not disclosed
Founders
Product
Problem
Companies issuing stablecoins, tokenized assets, or managing fintech payouts must handle complex, multi-chain distribution of yields, dividends, and rewards, often requiring custom smart contract development and exposing recipient addresses publicly.
Solution
Merkl offers an onchain distribution platform that automates payouts across more than 60 blockchains for stablecoin issuers, tokenized funds, exchanges, and fintech services. The service supports private payments that hide recipient addresses and amounts, as well as tokenized asset distributions such as dividends and coupons. Users can integrate the Merkl API or use the Merkl App to deliver a seamless claim experience to millions of wallets, while custom distribution logic can be built for unique use cases. The platform handles the underlying cross-chain transaction orchestration, enabling clients to focus on their core products rather than payout infrastructure.
Target Audience
Primary customers are stablecoin issuers, tokenized fund managers, fintech platforms, and cryptocurrency exchanges that need to automate large‑scale, multi‑chain payouts to investors, liquidity providers, and vendors.
Features
- Cross-chain payout engine supporting 60+ blockchains for single-click distribution of yields, dividends, and rewards
- Private payment mode that masks recipient addresses and amounts on public ledgers
- Merkl API for programmatic integration of custom distribution flows into existing platforms
- Merkl App providing a familiar claim interface for 4M+ unique wallets and 200k+ monthly active users
- Custom distribution architecture services for bespoke payout logic not covered by standard flows
- Scalable infrastructure proven by $1.6 B+ distributed for over 250 companies