Melonport AG was formally established in July 2016 by Mona El Isa and Reto Trinkler. It is a private company wholly owned by partners and is located in Zug, Switzerland. In February 2017, the company issued 599,400 MLN tokens, raising 2.5 million Swiss francs in 10 minutes. Melonport AG is solely responsible for the development of the asset management computer Melon.