Grindr

Among dating apps, Grindr occupies a specific and defensible niche: it is the default meeting place for gay, bi and queer men in much of the world, built around location so users see who is nearby. Joel Simkhai launched it in 2009, one of the first consumer apps to make phone GPS the center of the experience, and that first-mover position has been hard for rivals to dislodge. The company makes money from subscriptions that unlock features and from advertising, a mix that throws off strong margins because the network largely markets itself. Ownership has been eventful, including a period under Chinese control that US regulators forced to unwind, before Grindr reached public markets through a SPAC merger in late 2022. Headquartered in West Hollywood, it trades on the New York Stock Exchange.

On MyRWA, GRND trades tokenized across 2 on-chain venues - see the listings below.