Vol. 1 · 7 Jun 2026

Side by side

OpenFX vs Sponge

OpenFX and Sponge both operate in the Payments & Fintech part of the Tempo ecosystem. OpenFXReal-time 24/7 FX liquidity.. Sponge Infrastructure for AI agents to hold and spend money..

OpenFX logo
OpenFXactive

Real-time 24/7 FX liquidity.

What it does
Institutional cross-border payment and FX infrastructure that uses stablecoin rails (and local payment networks) to deliver 24/7, near-real-time global settlement.
Founded
2024 (the company says it started in January 2024).
Total Funding
$94M Series A, led by Accel, Atomico, and Lightspeed.
Role on Tempo
Listed as a Tempo infrastructure / ecosystem partner helping bring stablecoin payments onchain.
Sponge logo
Spongeactive

Infrastructure for AI agents to hold and spend money.

Products
Sponge Wallet for AI agent accounts and Sponge Gateway for businesses to sell directly to agents.
Headquarters
San Francisco, California.
Company Status
Founded in 2026 and participated in the Y Combinator Winter 2026 batch.
Founders
Jae Choi, Eric Zhang, and Rishab Luthra (former Stripe engineers).

The record

How they compare

FieldOpenFXSponge
Typepayments apppayments app
CategoryPayments & FintechPayments & Fintech
Statusactiveactive
Chains
WebsiteYesYes
Docs
GitHub
Confidence93%93%
Sources54

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Answers

OpenFX vs Sponge: questions

What is the difference between OpenFX and Sponge on Tempo?
OpenFX is Real-time 24/7 FX liquidity.. Sponge is Infrastructure for AI agents to hold and spend money.. Both sit in the Payments & Fintech part of the Tempo ecosystem.
Is OpenFX or Sponge live on Tempo?
Neither is confirmed on Tempo mainnet yet — OpenFX is active and Sponge is active. Status is tracked from primary sources.
Should I choose OpenFX or Sponge?
It depends on your use case — both serve the Payments & Fintech role on Tempo. Compare them on type, status, chains, integrations and source-backed confidence (OpenFX: 93%, Sponge: 93%), then read each full profile before deciding.