CEFIMARKETAPPLICATION

FinTech 250 | The Hero Universe of Financial Technology, CB Insights selects these cryptocurrency enterprises this year

share
FinTech 250 | The Hero Universe of Financial Technology, CB Insights selects these cryptocurrency enterprises this year

CB Insights is a data and analytics firm founded in 2008 that provides insights about private companies to professionals in investment banking, venture capital, and other fields. In simple terms, the FinTech 250 list compiled by CB Insights represents companies they believe are highly promising and have the potential to change existing financial services.

Which Cryptocurrency Companies Made It to the FinTech 250 List?

In the FinTech 250 list, we can also see the presence of cryptocurrency companies, indicating that cryptocurrencies have garnered attention in the development of financial technology. So, which companies made the cut?

  1. Coinbase (USA): Exchange, Cryptocurrency Wallet
  2. BlockFi (USA): Cryptocurrency Interest-Bearing Accounts
  3. Blockchain.com (UK): Cryptocurrency Wallet & Exchange
  4. Symbiont (USA): Enterprise Blockchain Technology Company
  5. Binance (Malta): Exchange
  6. MoneyTap (India): Collateral-Free Lending Platform
  7. Ledger (France): Cryptocurrency Chips, Hardware Wallets, Custody
  8. SFOX (USA): Cryptocurrency Prime Dealer Serving Large Investors

Among the 250 FinTech companies, only the above eight cryptocurrency companies made it to the list. Binance has its BNB cryptocurrency, while Coinbase is rumored to be filing for a stock market listing this year. The survey shows that the cryptocurrency company that raised the most funds this year is Coinbase.

The Tip of the FinTech Iceberg

You can see that more FinTech companies are thriving in various fields, including accounting finance, insurance, mobile wallets and transfers, payment processing networks, credit score analysis, with cryptocurrency being just one of the mediums. In the era of ICOs, many cryptocurrency startups aimed to attract people to try various financial technology innovations through token economics, but only a very few could actually materialize. However, they might suddenly find solutions in the near future. After all, this field is always full of surprises.