Cryptocurrency startups to watch in 2022

Cryptocurrency startups to watch in 2022

Cryptocurrency startups are growing widely and are making a huge impact on the Blockchain space. Blockchain is expected to reach a market cap of $69 Billion by 2027.

cryptocurrency

Coinbase

Coinbase is one of the top cryptocurrency startups that builds a crypto economy, which is a more fair, accessible, and transparent financial system enabled by crypto. It offers a trusted and easy-to-use platform for accessing the broader crypto economy. There are approximately 89 million verified users and 11,000 institutions in over 100 countries that trust Coinbase to easily and securely invest, spend, save, earn as well as use crypto. 

Founded year-2012

Founder- Brian Armstrong, Fred Ehrsam

Headquarter- No headquarter(remote)

Valuation- $85.7B

Number of employees- 3720

Reference- coinbase.com

FTX

FTX is a cryptocurrency startup incorporated in Antigua and Barbuda. And its headquarter is in The Bahamas. FTX trading LTD is a cryptocurrency exchange that is built by traders, for traders. The products it offers include industry-first derivatives, options, volatility products, and leveraged tokens. But FTX services and FTX tokens (FTT) are not available in the U.S. or other prohibited jurisdictions. 

Founded year- 2019

Founder- Sam Bankman, Gary Wang

Headquarters- Nassau, The Bahamas

Valuation- $32B

Number of employees- 273 

Reference- ftx.com

Blockchain.com

Blockchain.com is also one of the tops and most widely used cryptocurrency startups. Its institutional market is a full-stack crypto services platform that works with crypto-native businesses. Except, it works with institutional clients on lending, trading, and custody solutions tailored to your needs. 

In addition, it is the world’s leading crypto finance house, serving people, projects, protocols as well as institutions. It has investors from Silicon Valley, Wall Street, and London. It is trusted by millions with over $1 Trillion in crypto transactions. 

Founded year- 2011

Founder- Nicolas Cay, Peter Smith, KSI, Ben Reeves

Headquarters- U.K.

Valuation- $14B

Number of employees- 185

Reference- blockchain.com

Bitmain

Bitmain is the world’s leading manufacturer of digital currency mining servers. It has built a brand named ANTMINER, which has long maintained a global market share and leading position in technology. Besides, it serves customers across over 100 countries and regions as well. Additionally, Bitmain has subsidiaries in the U.S., Singapore, Malaysia, Kazakhstan, as well as many other locations.

Bitmain released ANTMINER S19 XP last year, which led the industry to enter the era of 20J/T. In addition, it launched many other ANTMINER versions. 

Founded year- 2013

Founder- Jihan Wu, Micree Zhan

Headquarters- Beijing, China

Valuation- $12B

Number of employees- 236 

Reference- bitmain.com

Bitpanda

Bitpanda is an Austrian cryptocurrency startup that provides cryptocurrency exchange, EFTs, and trading. It provides a mobile application for trading. Bitpanda aims to make investing accessible to everyone by making simple and easy-to-use financial products. It is one of the fastest-growing fintech in Europe. Bitpanda has more than 3.5 million users as well. It uses a PSD 2 payment service provider license,  security, and a streamlined user experience. All of these make it possible for both first-time investors and seasoned experts to invest in what they believe in. In addition, it offers to buy, sell or swap more than 100 digital assets. For example, crypto, stocks, EFTs, precious metals, crypto indices, and many more. 

cryptocurrency

Founded year- 2014

Founder- Eric Demuth, Paul Klanschek, Christian trummer

Headquarter- Austria

Valuation- $4.1B

Number of employees- 500+

Reference- bitpanda.com

Moonpay

Moonpay is a financial technology company. Its aim is to increase cryptocurrency adoption. It set out to create a simple and secure software solution that would enable people to participate in the biggest digital revolution since the internet. Moonpay has delivered over $2 billion in cryptos and supports 80+ assets as well. More than 5 million customers trust Moonpay due to its tremendous growth. It supports customers in 160+ countries. Ultimately, it gives you access to new markets to help you increase your conversions and grow your user base. 

Founded year- 2018

Founder- Ivan Soto-wright, Victor Faramond

Headquarters- U.S.

Valuation- $3.4B

Number of employees- 174

Reference- moonpay.com

Paxos

Paxos is a regulated blockchain infrastructure platform. Its products are the foundation for a new, open financial system that can operate faster and more efficiently. Paxos uses technology to tokenize, custody, trade and settle assets for enterprise clients. It offers settlement solutions for securities and commodities also. Paxos has global enterprises including PayPal, Credit Suisse, Societe Generale, StoneX, and Revolut. Paxos is a top-funded blockchain company with more than $500 Million in total funding. It offers crypto for enterprises, investors as well as institutions. 

Founded year- 2012

Founder- Charles Cascarilla, Rich Toe

Headquarters- NY, U.S.

Valuation- $2.4B

Number of employees- 255 

Reference- paxos.com

Bitso

Bitso is a cryptocurrency startup that offers you to buy and sell bitcoin or 29 other cryptocurrencies. You can store them all in one place also. One can explore and discover new ways to use your money through Bitso. You can send or receive cryptocurrencies from friends all over the world. You can make a deposit with dollars or with other cryptocurrencies including Bitcoin, Apecoin, Ether, MANA, Uniswap, etc. 

Founded year- 2014

Founder- Daniel Vogel

Headquarter- Mexico

Valuation- $2.2B

Number of employees- 200 

Reference- bitso.com

Coinswitch Kuber

Coinswitch Kuber is one of the top cryptocurrency startups in India. It is a user-friendly crypto trading platform for users in India. You can buy 80+ cryptocurrencies like Bitcoin, Ethereum, Ripple, and many more. It offers an application that supports all of the above cryptocurrencies. In addition, it provides instant deposits and withdrawals. Coinswitch Kuber enables you to buy, sell, and trade more than 80 cryptocurrencies in a very simple way. 

Founded year- 2017

Founder- Ashish Singhal, Vimal Tiwari, Govind Soni

Headquarter- India

Valuation- $1.9B

Number of employees- 327 

Reference- coinswitch.co

Ledger

Ledger makes hardware cryptocurrency wallets for safe and secure crypto solutions. It aims at securing the new disruptive class of crypto assets: Financial assets like cryptocurrencies or ICOs, Data assets like sensors, IoT, devices, etc. It developed a distinctive operating system called BOLOS, which they integrate either into a secure chip for the Ledger wallet line or into a hardware security module for various enterprise solutions. So far, Ledger has been the only player in the market to provide this technology.  

Founded year- 2014

Founder- Eric, Joel, Nicolas, Thomas

Headquarter- France

Valuation- $1.5B

Number of employees- 467 

Reference- ledger.com

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