What Does Mainframe Do?

Total employees54
HeadquartersSalt Lake City
Founded1998

Mainframe, now rebranded and operating as Hifi Finance, is a technology venture that initially launched in 2017 with a focus on building a censorship-resistant, decentralized communications platform. It developed the Mainframe OS and the MFT (Mainframe Token) to power its ecosystem. Over time, the project strategically pivoted towards the burgeoning field of decentralized finance (DeFi). This evolution led to its rebranding as Hifi Finance, which now operates as a decentralized lending protocol on the Ethereum blockchain. Hifi Finance aims to provide fixed-rate, fixed-term lending and borrowing, bringing traditional debt market functionalities to the DeFi space, allowing users to collateralize their crypto assets for loans or lend assets for predictable yields.

Where Is Mainframe's Headquarters?

HQ Function

Served as the central administrative, legal, and operational hub for Mainframe during its development of decentralized communication tools and the MFT token, prior to its pivot to DeFi and rebranding.

Notable Features:

Standard office facilities within a commercial building, typical for a technology startup. No unique architectural highlights were publicly promoted.

Work Culture:

As a startup in the blockchain space, Mainframe's culture was likely characterized by innovation, agility, and a strong focus on decentralized technologies. The team would have been driven by the goal of creating disruption in communication and later, finance.

HQ Significance:

This Salt Lake City location was significant as the official registered address for Mainframe Group, Inc., anchoring its US operations during its foundational years and initial coin offering (ICO) period.

Values Reflected in HQ: The choice of Salt Lake City, an emerging tech hub, likely reflected values of innovation and access to a growing tech talent pool. The subsequent move to a decentralized model with Hifi Finance reflects broader DeFi values of global accessibility and distributed governance.

Location:

As Hifi Finance, the project operates as a decentralized finance protocol accessible globally to users with internet access and compatible cryptocurrency wallets. Its native token (formerly MFT, now HIFI) is listed on various international exchanges. The team, contributors, and community are geographically distributed, embodying the borderless nature of blockchain technology. Core functions such as software development, community engagement, and marketing are typically managed by this distributed network of individuals across different time zones, ensuring continuous operation and support for its global user base.

Street Address:

2150 S. Main Street, Suite 202

City:

Salt Lake City

State/Province:

Utah

Country:

USA

Where Else Does Mainframe Operate Around the World?

London, England, UK

Address: Specific street address not publicly listed; Hifi Finance operates with a distributed team, with London being a key area of presence and engagement.

Supports Hifi Finance's engagement with the European market, offering access to a deep talent pool in finance and technology, and proximity to a dynamic blockchain innovation scene.

Buying Intent Signals for Mainframe

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Mainframe? Meet the Executive Team

As of April 2025, Mainframe' leadership includes:

Doug Von Korff - Chief Executive Officer
Mick Hagen - Founder (Mainframe)
Blake Richardson - Head of Product

Who's Investing in Mainframe?

Mainframe has been backed by several prominent investors over the years, including:

Arrington XRP Capital
NEO Global Capital (NGC)
FBG Capital (formerly FBG Escrow)
GBIC (Global Blockchain Innovative Capital)
Kenetic Capital
Hashed
ICON Foundation

What Leadership Changes Has Mainframe Seen Recently?

Hire0
Exits0

Based on publicly available information, there have been no major executive new hires, departures, or transitions publicly announced by Hifi Finance within the last 12 months. The current leadership team, largely formed around the pivot from Mainframe, appears to be stable.

What Technology (Tech Stack) Is Used byMainframe?

Discover the tools Mainframe uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Mainframe Email Formats and Examples

While Hifi Finance's specific internal email format isn't publicly detailed, technology companies like it commonly use standardized formats. These often involve combinations of an employee's first name and last name with the company domain.

[first].[last]@hifi.finance or [first_initial][last]@hifi.finance

Format

john.doe@hifi.finance

Example

70%

Success rate

What's the Latest News About Mainframe?

Chainlink Blog / Hifi Finance Social MediaOctober 12, 2023

Hifi Finance Joins Chainlink BUILD Program to Enhance DeFi Lending Protocol

Hifi Finance announced its participation in the Chainlink BUILD program. This collaboration aims to provide Hifi Finance with improved access to Chainlink's oracle services and technical support, fostering the growth and adoption of its fixed-rate DeFi lending protocol....more

Binance AnnouncementSeptember 12, 2023

Binance Lists Hifi Finance (HIFI) Token, Expanding Market Access

The HIFI token, associated with the Hifi Finance protocol, was listed on the Binance exchange. This listing significantly increases the token's trading accessibility, liquidity, and exposure to a global audience of cryptocurrency users and investors....more

Hifi Finance Medium BlogMarch 1, 2023

Hifi Finance Launches DAO and Governance Framework

Hifi Finance rolled out its Decentralized Autonomous Organization (DAO) and governance system. This development empowers HIFI token holders to actively participate in protocol governance, including voting on proposals related to upgrades, treasury management, and the future direction of the Hifi Finance ecosystem....more

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