The Cryptonite 300 competition — Private innovation companies worth the bet
Somewhere between the raw startups and the Unicorns are the blockchain, AI, and metaverse companies pioneering Web3 and offering the best equity investment ROI potential in the global Silicon Valley.
After creating and destroying $5 trillion in market value during the roaring (Internet Bubble) 1990s, Web 2.0 added back $20 trillion over the last two decades by putting the Internet in our pockets and turning software — and everything we do — into a cloud service. Post-bubble companies such as Facebook, Salesforce, Snap, Uber, and Square forever changed how people and companies get things done and created trillions of dollars in new wealth and thousands of jobs. But as magnificently the 2.0 run played out, Cryptonite believes the next Internet boom will make Web 2.0 look like we were playing with Tinkertoys.
Note: For Cryptonite’s definitional purposes, we consider that ‘Web3’ includes the next wave of Internet innovation including: blockchain De-fi and other broader industry dApps, cryptocurrencies, artificial intelligence, and metaverse technologies.
Led by Gen-Z, the average citizen’s trust in the establishment — whether it’s Congress, the IRS, educational institutions, Wall Street, or the legacy media and entertainment industries — has plummeted. We are facing a global institutional trust crisis. Young people are leading us to take back the power, control, and unnecessary middleman fees. This rebellion has inspired a new generation of blockchain, dApp, artificial intelligence, and metaverse-focused companies. Web3 innovation will inevitably overwhelm and replace the cloud-computing paradigm with a smarter, more decentralized, and distributed paradigm.
‘Decentralized applications have the potential to realize the original vision for the Internet, which was to build a truly distributed network that no one controls.’
— Tim Berners-Lee, English scientist and the World Wide Web creator
The emerging blockchain industry has already produced more than a dozen public companies. Online cryptocurrency broker Coinbase, with annual revenues of $6 billion and a $16 billion market in a down market, serves as a significant barometer of the health of the new industry. Even the initially reluctant VC herds will have plowed $15 billion into hundreds of blockchain startups in 2021, up from $4 billion in 2020. This risk capital flow remained steady at $6.5 billion in Q1'22, despite the weakening economy and the stock and crypto market downturns this year.
While highly volatile, still in its infancy, and only a subset of the overall economic opportunity, the cryptocurrency experiment had created $960 billion in market value at the time of this post. This number was down from a whoppingly overvalued $3 trillion a year ago but still represents a good run since its inception in 2017 when Ethereum made the Initial Coin Offering possible. Small business entrepreneurs (whom we actually trust per Gallup above) show growing signs of accepting cryptos as means of payment, with the Gen Z generation again leading the way.
- 27 million people, 8.3 percent of America’s total population, currently own cryptocurrency.
- Over 15,000 businesses worldwide accept Bitcoin, with 2,300 of those businesses operating in the U.S.
- There are 36,659 Bitcoin ATMs available in the U.S. as of April 2022.
- As of 2020, 28 percent of American small businesses accept cryptocurrency as payment.
- As of May 2022, there were roughly 260,000 Bitcoin transactions per day in the U.S. and over $1 million spent on goods and services with Bitcoin in the U.S.
- 40 percent of customers who pay with Bitcoin are new customers who spend twice as much money as credit card users.
History shows that all great booms driven by innovation are built upon the back of financial hysteria when the average dollar invested shows a negative return. This has been the case whether it was electricity, automobiles, television, or the Internet. The good news is once their respective investor bubbles popped, those industries experienced tremendous growth and wealth creation. The crypto boom will undoubtedly be the same story. Well over 90 percent of the current coins tracked by CoinGecko will certainly fade away. But, as with the aftermath of the mass Internet company wreckage in the 1990s, out of the cold crypto winters, dozens of winning companies will sustain, rise, grow, and dominate the next chapter of the Internet.
‘You never want to be the one who invests in the early development of a new industry. But, once enough people have caught on to the idea, and you can see a real, rapidly growing customer base forming — that’s the time to jump in.’
— Don Valentine (God rest his soul), founder of Sequoia Capital, a seed investor in Apple and Cisco.
Introducing the Cryptonite 300
Cryptonite tracks private companies in the blockchain, artificial intelligence, and metaverse industries. To kick off the 2023 Top Private company competition, our team has compiled the following list of companies in the blockchain sector. In two forthcoming posts, we will present our initial take on artificial intelligence and metaverse industry company maps.
Disruptive innovations blow up existing commercial categories and create new ones by convincing consumers they have a faster, cheaper, and more efficient way to get something done. A classic example is the emergence of the online search engine category in the 1990s. Fourteen different VC-backed companies eventually populated the search category, but when the dust cleared, there was one significant survivor — Google.
The free-market reality to date is generally only one or two companies, maybe three, eventually capture well over 90 percent of the market opportunity in each sector, and the rest get acquired or fad away. We believe that by the time we honor the Cryptonite 300 next July, some of these categories of companies will consolidate, and new categories with new leading companies will have been added to the list.
The list you see before you represents the beginning of the journey. Thus far, with the help of our Wizards, our editors have identified 150 blockchain companies in 25 distinct sectors. Two on the list are public — Coinbase and Binance, 31 others have been identified as ‘Unicorns’ by either/both Crunchbase or/and CB Insights, and 48 (32 percent of the batch) have issued public cryptocurrencies.
The annual winners will be honored every July at a live broadcast Cryptonite event on the Stanford University campus. In the meantime, we plan to engage in an interactive process with our community to identify new companies and emerging sectors and shuffle, mold, and refine this list to meet the standards we achieved at AlwaysOn.
We would be honored to receive any feedback on emerging sectors, hot company nominations, and any other informed input by posting in the public comments below, sending a confidential email to theeditor@cryptoniteventures.com, or filling out the Top Company nomination form here.
Public Blockchains
Algorand —
Token: ALGO Founded 2017 United States.
Investors: AMEX Ventures, Arbor Venture Management Company, Blockchain Capital, Boost VC, CMT Digital Ventures, Digital Currency Group, First Round Capital, Foxconn, HCM International, Ignia Partners, Jungle Ventures, Kenetic Advisors, Kingsway Capital, Lerer Hippeau, Operative Capital, RRE Ventures, Silver 8 Capital, Stellar Development Foundation, Tiga Investments
Aptos Labs
Founded: 2021 Palo Alto, CA United States
Investors: Andreessen Horowitz; Apollo Global Management; Arrington Capital; Franklin Templeton; Griffin Gaming Partners; OAK; Protagonist; Superscrypt; Binance Labs; BlockTower Capital; Circle Ventures; Coinbase Ventures; Corner Capital Management; FTX Ventures; Gemini Frontier Fund; Hashed (Accelerator); IRONGREY; Jump Crypto; Multicoin Capital; ParaFi Capital; Paxos; PayPal Ventures; Scribble Ventures; Silvergate Bank; Three Arrows Capital; Tiger Global; Variant Fund
Avalanche
Token: AVAX Founded: 2020 United States
Investors: Andreessen Horowitz, Charles Schwab, Mayfield Fund, The Chainsmokers, Signalfire, Coatue Management, Dreamers VC, Signalfire, Kenetic, Lightspeed Venture Partners, K5 Global, Stanford University, Draper Fisher Jurvetson, Redpoint, DFJ Growth
BNB Chain
Token: BNC Founded: 2017
CARDANO (Siva)
Token: ADA Founded: 2016 Switzerland
Investors: Emurgo
Corda (R3)
Token: ADA Founded: 2014 United States
Investors: 2bCapital, B3 (Brazil), Bangkok Bank, Bank Bradesco, Barclays, BBVA USA Bancshares, BMO Financial Group, BNP Paribas, BNY Mellon, BofA Securities, Canadian Imperial Bank of Commerce, Cape Innovation and Technology Initiative, CLS Group, Commerzbank, Commonwealth Bank of Australia, Credit Suisse, CTBC Financial Holdings, Daiwa Securities Group, Danske Bank, Deutsche Bank, Deutsche Bank Corporate Venture Capital, Fundação Itau Unibanco, HSBC Strategic Innovation Investments, ING Ventures, Intel Capital, Intesa Sanpaolo, Itaú Unibanco Holding, MCP Partners, Mitsubishi UFJ Financial Group, National Australia Bank, Natixis Private Equity, NatWest Group, NEVA SGR, Nomura, Nordea Bank, Northern Trust, OP Financial Group, OUE, RBC Ventures, Royal Bank of Canada, SBI Investment, Scotiabank, SEB Private Equity, Skandinaviska Enskilda Banken, Societe Generale Ventures, Sumitomo Mitsui Banking, TD Bank Group, Temasek Holdings, TIS INTEC Group, U.S. Bank, UBS Group, Wells Fargo, Westpac Banking
Elrond
Founded: 2017 Malta
Investors: Morningstar Ventures
Ethereum Foundation
Token: ETH Founded: 2014 Switzerland
Investors: Draper Associates; Blockchain Assets; 8 Decimal Capital; Inflection VC; Astelios; GP Ventures+; Visary Capital; SWS Venture Capital; Pipeline Capital Partners; Multicoin Capital; Maven 11 Capital; Outlier Ventures; Coinix; SNZ Holding; Stratos; Infinite; Wave Financial; Defiance Capital; Knick Capital; Bollinger Investment Group; Hyperchain Capital; KRL
NEO
Token: NEO Founded: 2014 China
Investors: Chain Capital; Karnika Yashwant
Oneiro
Founded: 2017 United States
Investors: Cosimo Ventures
Polkadot
Token: DOT Founded: 2016 United States
Investors: Kryptonite1; Pantera; D1 Ventures; SNZ Holding; Innogy Innovation Hub; Visary Capital; Pipeline Capital Partners; Innogy Venture Capital; Coinix; Three Arrows Capital; Bitscale Capital; 11–11 DG Partners; Genblock Capital; Blockasset Ventures; 8 Decimal Capital; JECO Capital; Hashkey Capital; Bollinger Investment Group; Du Capital; Blockchain Assets; Longhash Ventures
Polygon
Unicorn + Token: MATIC Founded: 2010 United States
Investors: Draper Associates; Griffin Gaming Partners, Mark Cuban, Binance Labs, Coinbase Ventures, ZBS Capital, AU21 Capital, Codex Venture Partners, IA Capital Group, J8 Ventures, MiH Ventures, Sino Global Capital, Spark Digital Capital, Tribe Capital
Ripple
Unicorn + Token: XRP Founded: 2012 United States
Investors: Sound Ventures; SBI Holdings; Venture 51; Mark Cuban; IDG Capital Partners; China Growth Capital; Andreessen Horowitz; Route 66 Ventures; Santander Innoventures; Google Ventures; Tetragon; Ame Cloud Ventures; Seagate Technology; Accenture; Standard Chartered
RSK Labs
Founded: 2015 United Kingdom
Investors: Bitmain Technology; Digital Currency Group; Coinsilium
Solana
Token: SOL Founded: 2017 United States
Investors: Stake Capital Group; Reciprocal Ventures; Foundation Capital; IPC; Innovating Capital; Token Ventures; Mentha Partners; Multicoin Capital; Psquare Capital; Lightspeed Venture Partners; Cryptoj; Zee Prime Capital; Rockaway Blockchain Fund; Genblock Capital; Three Arrows Capital; Staked VC; Seax Ventures; Knick Capital; Hard Yaka; L1 Digital; Jump Crypto; Bollinger Investment Group; Defiance Capital; Race Capital; Age Crypto Investment Fund; Notation Capital
Terra
Token: LUNA Founded: 2018 Singapore
Investors: Kenetic Capital; Arrington XRP Capital; Hashed; Golden Gate Ventures; Pantera Capital; Lunex Ventures; Kakao Ventures; Galaxy Digital; Coinbase Ventures; Hashkey Capital; Blocktower Capital
Tezos
Token: XTZ Founded: 2018 Luxembourg
Investors: Andreessen Horowitz, Atopia Capital, Bitscale Capital, Draper Associates, Draper Venture Network, Enabling Future, Ledger VC, Limitless Crypto Investments, Tenzor Capital, Union Square Ventures, Winklevoss Capital Management, 21M Capital, Boost VC, Continue Capital, Du Capital
XinFin
Founded: 2017 Singapore
Investors: LDA Capital
Capital Markets Platforms
Axoni
Founded: 2015 United States
Investors: Coatue Management; Intel Capital; DCG; Andreesen Horowitz; Franklin Templeton Investments; Wells Fargo; Dcvc; A16z; F-prime Capital Partners; Citi; Goldman Sachs; JPMorgan Chase; NEX Group; Digital Currency Group; Deutsche Bank; Y Combinator; JPMorgan Partners; Thomson Reuters; Andreessen Horowitz; F-prime Capital; NYCA Partners; Eight Roads; UBS; Hard Yaka; Fintech Collective; HSBC Bank; Euclid Opportunities
Securitize
Founded: 2017 United States
Investors: MUFG Innovation Partners; Coinbase Ventures; Spice VC; Blockchain Ventures; Ripple; 31 Ventures; Kenetic Capital; PPP; IDC Ventures; SBI Investment Co., Ltd.; Santander Innoventures; Seedrocket4founders; Global Brain; Wave Financial; The Tezos Foundation; Blockchain Capital; Fenbushi Capital; 8 Decimal Capital; Mouro Capital; Morgan Stanley Tactical Value; Blockchain.com Ventures; Ripple Ventures; Hard Yaka; Ava Labs; Migration Capital; Sumitomo Mitsui Trust Bank; Borderless Capital; Morgan Stanley; Banco Santander; NTT Data; Ripio; KDDI Open Innovation Fund; 9yards Capital; NXTP; Algo VC; Nomura Holdings; Sony Financial Ventures
Centralized Treasury Providers
Abra
Founded: 2014 United States
Investors: Prismatic; Coinbase Ventures; Stakerdao; Algomint; Parafi Capital; Genesis Capital; Jump Crypto; Borderless Capital; Xbacked; Venue One; OKX Blockdream Ventures; Myalgo; Tinyman; Algorand Foundation
AlphaWallet
Founded: 2017 Australia
Investors: GIC; Mark McCombe; Khosla Ventures Acquisition; Max Levchin; Andreessen Horowitz; Indico; Apollo Credit Funds; Blockchain Capital; Lux; A16z; Visa; Elad Gil; KKR; GIC Private Limited; Goldman Sachs; Wellington Management; Thoma Bravo; Visa; Lux Capital; Alameda Research; Naval Ravikant; Paypal Ventures; #angels
MathWallet
Founded: 2017 Singapore
Investors: Amber Group; Binance Labs; Multicoin Capital; Capital6 Eagle, Alameda Research; Capital6 Eagle; NGC Ventures
MetaMask (Consensys)
Founded: 2016 United States
MyEtherWallet | MEW
Founded: 2015 United States
Investors: Crowdstart Capital
Vauld
Founded: 2018 Singapore
Investors: Pantera Capital; Coinbase Ventures; Valar Ventures
YIELD App
Founded: 2020 British Virgin Islands
Investors: Bnktothefuture; Chronos Ventures; Digital Strategies; Jeco Capital; Palcapital; Yeoman’s Capital; X21 Digital; Deltahub Capital; Zokyo; Alphabit Fund; The Lao
Cross Chains
Across
Founded: South Korea 2011
Investors: Arc Angel Fund; Blackdragon; Techstars; Consensys Mesh; Outlier Ventures
O3Swap
Token: Q3 Founded: 2017 Greece
Investors: New Tribe Capital; Titans Ventures
pNetwork
Token: PNT Founded: 2013 Switzerland
Investors: Spark Capital
Swim Protocol
Founded: United States
Investors: Coinbase Ventures; IOSG Ventures; Alameda Research; FTK; Rok Capital; Pantera Capital; Solana Ventures; Mantis VC; Bonfida; Social Capital; Panony; GBV Capital; Jump Capital
Synapse
Token: SYN Founded: 2012 Russia
Investors: 500 Global, 9Yards Capital, Andreessen Horowitz, CLF Partners, Core Innovation Capital, Trinity Ventures
Custody & Wallet Services
Anchorage
Unicorn + Token: ANKR + Founded: 2017 United States
Investors: #Angels, Alameda Research, AME Cloud Ventures, Amplify Partners, Andreessen Horowitz, Apollo Credit Funds, Avichal GargBlackRock, Blockchain Capital, BlockTower Capital, BTIG, Caffeinated Capital, Delta Blockchain Fund, Dragonfly, Electric Capital, Elysium Venture Capital, GIC, , GoldenTree Asset Management, Hack VC, iAngels, Indico Capital Partners, Innovius Capital, Intersection Fintech Ventures, Khosla Ventures, Kohlberg Kravis Roberts, Kraken Ventures, Lux Capital, Max Levchin, Naval Ravikant, Pantera Capital, PayPal Ventures,, Polychain Capital, SCB 10X, SciFi VC, Senator Investment Group, Standard Life Investments, SV Angel, Ten Eleven Ventures, The Goldman Sachs Group, Thoma BravoVisa Ventures, Wellington Management
BitGo
Unicorn + Founded: 2013 United States
Investors: Liberty City Ventures; Bridgescale Partners; Founders Fund; Bitfury Capital; Redpoint Ventures; Galaxy Digital Holdings; Blockchain Capital
Bitpanda
Unicorn + Token: BEST Founded: 2014 United Kingdom
Investors: Speedinvest; Dst Global; New; Elevator Ventures; Leadblock Partners; Winterntermute Trading; Old; Valar Ventures; Redo Ventures; Alan Howard; Jump Capital
Blockchain.com
Unicorn + Founded: 2011 United Kingdom
Investors: Moore Strategic Ventures; Access Industries; Future Perfect Ventures; GV; Rovida Advisors; Baillie Gifford International; Digital Sky Technologies; Mosaic Ventures’ Companies; Vy Capital Companies; Eldridge Industries; Digital Currency Group; Prudence Holdings; Lightspeed Venture Partners; Lakestar; Virgin; Mosaic Ventures; Kyle Bass
Cobo
Founded: 2017 Spain
Investors: DHVC; Linear Venture; A&a;t Capital; Wu Capital; DST Global Solutions; Danhua Venture Capital; Frees Fund; Imo Ventures; A&T Capital
Coinbase
Public Company + Founded: 2012 United States
Investors: National Bank of Canada, ARK Invest, Capella Partners, Draper Dragon, Moshe Koyfman, Paradigm (Crypto Fund), Southern Equity, K2 Global, Draper Venture Network, Bakkt
Copper.co
Founded: 2018 Switzerland
Investors: Dawn Capital; Target Global
Fireblocks
Unicorn + Founded: 2018 United States
Investors: Stripes Group; Tenaya Capital; Cyberstarts Ventures; Galaxy Digital Holdings; Index Ventures; Paradigm; DRW Venture Capital; Swisscom; SCB 10x; Stripes; Capitalg; Bank Of New York Mellon; Galaxy Digital; General Atlantic; The Bank Of New York Mellon; D1 Capital Partners; Sequoia Capital; Cedar Hill Capital; Eight Roads; Swisscom Ventures; Cyberstarts Venture; Parafi Growth Fund; Canapi Ventures; Spark Capital; Silicon Valley Bank; Coatue; Ribbit; Altimeter; Digital Currency Group; Mstate
Ledger
Unicorn + Founded: 2014 France
Investors: 10t Holdings; Cathay Innovation; Draper Dragon; Draper Associates; Draper Esprit
Matrixport
Unicorn + Founded: 2019 Singapore
Investors: DST Global; C Ventures; K3 Ventures; Palm Drive Capital; Polychain; Lightspeed; Paradigm; C Ventures; Dragonfly Capital; Qiming Venture Partners; A&T Capital; Foresight Ventures; Tiger Global; CMT Digital; CE Innovation Capital; Cachet Group; IDG Capital; Castle Island Ventures; Hack Vc; K3 Ventures
Melonport
Token: MLN Founded: 2016 London England
Investors: Collab+Currency, DeFiance Capital, Placeholder Capital
Orion Protocol
Token: MLN Founded: 2018 Russia
Investors: Almora Capital, Broslyn Capital, Dominance Ventures, Exnetwork Capital, Pulse Ventures, Ruby Capital
Qredo
Founded: 2011 United Kingdom
Investors: GSR; SVK Crypto; Kronos Research; Deribit; Maven 11 Capital; Coinbase Ventures; Maven 11; Celsius; Raptor Group; Spartan Group; Nexo Financial, LLC; Ledgerprime; Borderless Capital; Kenetic; Goldentree; Kingsway Capital; Amnis Ventures; CMS Holdings; Terra; Gumi Cryptos; Goldentree Asset Management; Wintermute; Avalanche; Hof Capital; Superchain Capital; Quantstamp; G1; Tokentus; G1 Ventures; 1KX; 3commas; Zokyo; Ld Capital; Evernew Capital; 10t Fund
Tangany
Founded: 2018 Germany
Investors: High-tech Gründerfonds; Nauta Capital; C3 Vc Fund
Data Analytics Platforms
Amberdata.io
Founded: 2017 United States
Investors: Boldstart Ventures, Chicago Trading Company, Coinbase Ventures, Innovius Capital, Knollwood Investment Advisory, Nasdaq Ventures, National Australian Bank Ventures, Nexo Ventures, Signum Capital, SIG Susquehanna, Citigroup, Df Capital, Fenbushi Capital, Franklin Templeton, Galaxy Digital Holdings, Rising Tide Fund, Rovida Kruptos Assets, VU Venture Partners, SAP.iO, Aspenwood Ventures
CryptoQuant
Founded: 2018 South Korea
Investors: Youbi Capital; Mirae Asset Capital; Hashed; Galaxy Interactive
Dune
Unicorn + Founded: 2018 Norway
Investors: Coatue Management, Hashed (Accelerator), Sondo Capital, Redpoint Ventures, Union Square Ventures, Alameda Research Ventures, Coinbase Ventures, CoinGecko, Digital Currency Group, Divergence Ventures, Dragonfly, Free Company Ventures, Hashed (Application Software), Multicoin Capital, Semantic Ventures, Binance Labs
Gitcoin
Token: GTC Founded: 2017 United States
Investors: Ethereum Foundation, IDEO, Zak Cole, 1kx, MetaCartel Ventures, Balaji Srinivasan, Electric Capital, Paradigm, Naval Ravikant, The LAO
Messari
Founded: 2018 United States
Investors: Underscore VC; Coinbase Ventures; Point72 Ventures; Uncork Capital; Galaxy; Brevan Howard Digital; Samsung Next; FTX Ventures; Kraken Ventures; Morgan Creek Digital
Nansen
Founded: 2020 Singapore
Investors: Tiger Global; Volt Capital; Andreessen Horowitz; Skyfall Ventures; Robot Ventures; SCB 10x; BR Capital; Accel; Mechanism Capital; QCP Capital; Fabric Ventures; Bitscale Capital
Decentralized Insurance Services
InsurAce Protocol
Founded: 2020 Singapore
Investors: Hashed; Defiance Capital; Parafi Capital; Lunex Ventures; Signum Capital; Huobi Defilabs
Nexus Mutual
Founded: 2017 United Kingdom
Investors: KRL; 1KX; 1confirmation; Collider Ventures; Version One; Blockchain Capital
Shield Finance
Founded: 2021
Investors: GD10.ventures; Paid Network; Titan Ventures; Zokyo; Spark Digital Capital; Dao Maker; NGC Ventures
Unslashed Finance
Founded: 2021 United Kingdom
Investors: Lemniscap; Bitscale Capital; Chainlayer; P2p Capital
Decentralized Lending
Aave
Token: ABC Founded: 2017 Cayman Islands
Investors: Parafi Capital; Framework Ventures; Blockchain.com Ventures; Standard Crypto; SWS Venture Capital; Three Arrows Capital; Blockchain Capital; LD Capital; Knick Capital; Cluster Capital; Defiance Capital
Alkemi
Founded: 2018 Canada
Investors: Temasek Holdings; China Renaissance; Polychain Capital; Sky9 Capital; Tru Arrow Partners; A&T Capital; Dragonfly Capital; Coinbase Ventures; Fenbushi Capital; Blockchain.com; Tiger Brokers; Gobi Partners; Blockchain.com Ventures; Blockchain; Tiger Global Management; Arena Holdings; Sequoia China; DCM Ventures; Pantera Capital
Anchor Protocol
Token: ANC Founded: 2020 United States
Investors: IDEO, Zak Cole, 1kx, MetaCartel Ventures, Balaji Srinivasan, Electric Capital, Paradigm, Naval Ravikant, The LAO, Galaxy Digital, Jump Trading, Alameda Research, Dragonfly, Pantera Capita, Delphi Digital, Hashed, Naval Ravikant
Centrifuge
Founded: 2017 United States
Investors: Andy Chung, Bloccelerate, Ciarán O’Leary, Fourth Revolution Capital, Galaxy Digital Holdings, Moonwhale, Philipp Moehring, Rockaway Blockchain Fund, Stefano Bernardi, Toby Coppel, Atlantic Labs, AU21 Capital, Crane Venture Partners, Fabric Ventures, FinTech Collective, Inflection Point Capital Management UK, Robot Ventures, European Regional Development Fund (Brandenburg), SAP, .iO, BlueYard Capital Ventures, Mosaic Ventures, Semantic Ventures
Compound
Token: COMP Founded: 2017 United States
Investors: Andreessen Horowitz; Consensys Mesh; Rockaway Blockchain Fund; Bain Capital; Stratos; Dragonfly Capital Partners (san Francisco); A16z; Robot Ventures; DHVC; Coinbase Ventures; Long Journey Ventures; Ld Capital; Paradigm; New Form Capital
Goldfinch
Founded: 2020 United States
Investors: Andreessen Horowitz; Coinbase Ventures; Stratos Technologies; SV Angel; Helicap; Helicap Pte Ltd; A Capital; A16z Crypto; Divergence Ventures; Bill Ackman; Kingsway Capital; Access Ventures; Blocktower Capital; Kindred Ventures; A.capital Ventures; Defi Alliance; Ideo Colab Ventures; Draft Ventures; Robot Ventures; Y Combinator Continuity Fund; MSA Capital; Variant Fund; Mercy Corps Ventures
Liquity
Token: LQTY Founded: 2020 United States
Investors: Lemniscap; Polychain Capital; Greenfield.one; A_capital; Alameda Research; IOSG; Pantera Capital; 1KX; Nima Capital; AngelDAO; Tomahawk.vc
MapleFinance
Token: MPL Founded: 2020 Australia
Investors: Genesis, Polychain; Framework Ventures; The LAO; BitScale; FBG Capital; Alameda Research; Kain Warwick; Cluster Capital; One Block Capital; Stani Kulechov
Oro Pocket (OpenDeFi)
Founded: 2017, New Delhi, India
Investors: Deltahub Capital, TDeFi
Solidus Labs
Founded: 2017 United States
Investors: Declaration Partners; Evolution Equity Partners; FTX; FMR Llc; Exor Seeds; Global Founders Capital Gmbh; Hanaco Ventures; 645 Ventures; Exor; GSR Ventures; Liberty City Ventures; Fintech Sandbox; Troy Paredes; GSR; VC Avon Ventures; Daniel Gorfine; Chris Giancarlo; Hanaco
Decentralized Storage
0Chain
Token: ZCN Founded: 2017, United States
Investors: Chronos Ventures; Team in Residence; Yasar Corporation
Arweave
Token: AR Founded: 2017 United Kingdom
Investors: Boldstart Ventures; Chicago Trading Company; Coinbase Ventures; Innovius Capital; Knollwood Investment Advisory Nasdaq Ventures; National Australian Bank Ventures; Nexo Ventures: Signum Capital; SIG Susquehanna; CitigroupDf Capital; Fenbushi Capital; Franklin Digital Holdings; Rising Tide Fund; Rovida Kruptos Assets; VU Venture Partners; SAP.iO; Aspenwood Ventures; Mechanism Capital; MetaCartel Ventures; Notation Capital; One Block Capital; SevenX Capital; A195 Capital; Big Brain Holdings; Bixin Ventures; Block0; Blockchain Capital; BR Capital; Coinbase Ventures; First Principles Ventures; Genblock Capital; Greenfield One Management; Insignius Capital; Maven 11 CapitalUnanimous CapitalVersion One Ventures; Techstars; Andreessen Horowitz; Arrington Capital; Chainfund Capital; Christopher Heymann; CyberightLasse Clausen; Multicoin Capital; Team in Residence; Union Square Ventures; Zeroth.ai
Filecoin
Token: FIL Founded: 2014 United States
Investors: MyEtherWallet | MEW; Chronos Ventures; Team in Residence; Yasar Corporation; Alumni Ventures; Andreessen Horowitz; Blockchange Ventures; Carnaby Capital; CSC UpShot Ventures; Haitao Capital; Lombardstreet Ventures; Pantera Capital; Placeholder Capital; RRE Ventures; Sax Capital; ScienceVest; Sequoia Capital; Sherpalo Ventures; The Ark Fund; Visary Capital; Blockchain Capital; BlueYard Capital; Boost VC; Digital Currency Group; FundersClub; Hard Yaka; Haystack Management Company; Naval Ravikant; Nebari Holdings; Notation Capital; Stanford; University Venture Fund; StartX (US); Union Square Ventures; Vinodan Lingham; Winklevoss Capital Management; Working Lab Capital; Y Combinator; ArkStream Capital; Ausum Ventures; Bitrise Capital; BlocTech Investment Group; Cipholio Ventures; Cognitive Blockchain Capital; Double Peak; Draft Ventures; Genblock Capital; Graycell Ventures; Metaplanet Holdings; Mint Ventures; Polychain Capital; Referent Ventures; Skywater Capital; SNZ Holding; Waterdrip Capital
SIA
Token: SC Founded: 2013 Boston, MA, United States
Invesors: Dragonfly; First Star Ventures; Raptor Group; Fenbushi Capital; Xiaolai Li; INBlockchain; Bessemer Venture Partners; Bain Capital Ventures; Collaborative Fund; SV Angel; A.Capital Ventures; Hack VC; Paradigm; First Star Ventures; Procyon Ventures; Raptor Group;
Storj
Token: Storj Founded: 2014 Atlanta, GA, United States
Investors: Atopia Capital; BoomStartup; GVA Capital; Jonathan Hung; Master Ventures; Mayfield; )Simon Dixon; Southern Equity; Tank Stream Ventures; TechSquare Labs; Utah Governor’s Office of Economic Development; Bitcoin Capital; Digital Ventures
Decentralized Yield Generating Services
Byte Trading
Founded: 2021 United Kingdom
Investors: Redalpine; Possible Ventures; D4 Ventures; L1 Digital
Credix
Founded: 2009 Costa Rica
Investors: Fuse Capital; Motive Partners; Parafi Capital; Circle; Victory Park Capital Advisors; MGG Investment Group; Abra; Valor Capital Group
Zapper
Unicorn + Founded: 2020 Finland
Investors: Libertus Capital; Longhash Ventures; Maven 11 Capital; Zee Prime Capital; Sound Ventures; Framework Ventures
DeFi Ecosystem Data
Kaiko
Founded: 2014 France
Investors: Anthemis Group; Point Nine; Underscore VC; Point Nine Capital; Alven; Revaia; Hashkey Capital; Eight Roads; Point9; Coinshares
Razor Network
Founded: 2019 Singapore
Investors: 11–11 DG Partners; Psquare Capital; Borderless Capital; Blackdragon; NGC Ventures; Mariano Conti; Spark Digital Capital; Alameda Research
Digital Crypto Exchanges (DEXs)
1Inch
Founded: 2019 British Virgin Islands
Investors: DeltaHub Capital, FinTech Collective, Gate Ventures (Gate.io), Maven 11 Capital, Mechanism Capital, Morgan Creek Digital Assets, 0x, Alpha Capital, Alexander Packard, Arceau Capital, Blockchain Capital, BR Capital, Fabric Ventures, Genblock Capital, gumi Cryptos Capital, Nima Capital, Pantera Capital, ParaFi Capital, Republic Capital New York, Rockaway Blockchain Fund, Shima Capitalm, Spark Capital, Spark Digital Capital, Spartan Group, Struck Capital, Binance Labs, Divergence Ventures, Divergent Ventures, Dragonfly, FTX, Galaxy Digital Holdings, Greenfield One Management, Illia Polosukhin, IOSG Ventures, Libertus Capital
Balancer Labs
Token: BAL Founded: 2019 United States
Investors: Alameda Research; Placeholder; Pantera Capital; Defiance Capital; Three Arrows Capital; Coinfund; Accomplice; Inflection
Bancor
Founded: 2016 Switzerland
Investors: Blockchain Capital; James Sowers; Alexis Berthoud; ICONIZ; Draper Associates; KR1
Bitso
Unicorn + Founded: 2014 Mexico
Investors: Variv Capital; Bitcoin Capital; Paradigm; 1sharpe Ventures; Pantera; QED Investors; Valor Capital; Valor Capital Group; Blockchain Tech Limited; Fundersclub; Monex Group; Coatue; Bond; Coinbase; Jump Capital; Hard Yaka; Kaszek; Tiger Global; Pantera Capital; Digital Currency Group; Coatue Management; Masschallenge; Ripple; Softbank Latin America Fund; Kaszek Ventures; Coinbase Ventures; Mantis Venture Capital; Broadhaven Ventures; Cometa; Jump Crypto
Curve
Token: CRV Founded: 2015 United Kingdom
Investors: Speedinvest; Seedcamp; London Co-Investment Fund; Connect Ventures; Mouro Capital; Oxford Capital Partners; Breega; Samos Investments; Outward VC; Banco Santander; Nekko Capital; Gauss Ventures; IDC Ventures; CreditEase Fintech Investment Fund; Cathay Innovation; Fuel Venture Capital; Vulcan Capital; OneMain Financial; Pario Ventures; Crowdcube
DODO Exchange
Token: DODO Founded: 2020 China
Investors: SevenX Ventures; Defiance Capital; Maple Leaf Capital; Framework Ventures
PancakeSwap
Token: CAKE Founded: 2020
Investors: Binance Labs, Rogue Digital Ventures
Serum
Token: SRM Founded: 2020 Singapore
Investors: Tiger Global; Tagus Capital; Age Crypto Investment Fund; Mentha Partners; Jump Crypto; Evernew Capital; Bitscale Capital; Ruby Capital; Golden Tree Asset Management; Genesis Block Ventures; Br Capital; Commonwealth Asset Management
Uniswap
Token: UNI Founded: 2018 United States
Investors: Intersection Fintech Ventures; Qwerty; Ribbit Capital; A.Capital Ventures; Andreessen Horowitz; Astronaut Capital; Blockchain Capital; Coinbase Ventures; Cyberighte; Girl Capital; Maven 11 Capital; Paradigm (Incubator; ParaFi Capital; Rockaway Blockchain Fund; SV Angel; Union Square Ventures; Variant Fund; Version One Ventures; Paradigm (Crypto Fund)
Index Services
dHEDGE DAO
Token: DHT Founded: 2020 United States
Investors: Three Arrows Capital; Bitfwd; Genblock Capital; Bitscale Capital; Framework Ventures
Index Coop
Token: INDEX Founded: 2020 United States
Investors: Laconia Capital Group
TokenSets
Founded: 2017 United States
Investors: Mechanism Capital; Threshold Ventures; Parafi; Spartan; 1kx; Defiance; Hashed; Coinbase Ventures
Infrastructure & Development
Alchemy Shares and Brokerage Firm
Founded: 2017 Taiwan
Investors: Hashkey Capital; Fenbushi Capital; Longhash
Ava Labs
Founded: 2018 United States
Investors: Continue Capital; Kosmos Ventures; Abstract Ventures; Andreessen Horowitz; Andromeda Capital; AZ Digital Asset Group; Balaji Srinivasan; BitValue Capital; Blockstar Technologies; Chainfund Capital; Chaos Ventures; Chateau Crypto; CMS Holdings; Cognitive Blockchain Capital; Digital Asset Capital Management; Dominance Ventures; Dragonfly; Initialized Capital Management; Lemniscap; Lvna Capital; MetaStable; Muhabbit Capital; Naval Ravikant; NGC Ventures; Olive Tree Capital; Polychain Capital; Purpose Venture Capital; Republic Capital New York; SBX Capital; SNZ Holding; Tribe Capital; Youbi Capital
ConsenSys
Unicorn + Founded: 2014 United States
Investors: Own.fund; Global Coin Research DAO; Orange DAO; Hashkey Capital; Canvas Ventures; Sk Group; Honey Dao; Hack.vc; Protocol Labs; Knick Capital; Koji; Zokyo; Animoca Brands; Third Point Ventures; Parafi Capital; The Spartan Group; Think Investments; Coinbase Ventures; JPMorgan Chase; Temasek; The Maker Foundation; Fenbushi Capital; UBS Ag; Sanctor; Marshall Wace; Third Point; Defiance Capital; A&T Capital; Mastercard International; CMT Digital; HSBC; Dragonfly Capital Partners; PPP; Electric Capital; Br Capital; Softbank Vision Fund 2
Digital Asset
Founded: 2014 United States
Investors: SBI Holdings; VMware; Eldridge; 7ridge; Samsung Venture Investment Corp
Optimism
Founded: 2019 New York, NY, United States
Investors: Alchemy Ventures; Consensys MeshNascent; Pantera Capital; Spark Capital; Three Arrows Capital; A.Capital Ventures; Andreessen Horowitz; Binance Labs; Robot Ventures; IDEO CoLab Ventures; Paradigm \
Prime Trust
Founded: 2016 United States
Investors: Akkadian; University Growth Fund; Decasonic; Kraken Ventures; Gatecap Ventures; FIS Impact Ventures; Seven Peaks Ventures; William Blair & Company; Gaingels; Mercato Partners; Fin Capital; Commerce Ventures; Diverse Angels; Samsung Next; Fis; Mercato Partners Traverse Fund; Stcap; 10t Fund; Okcoin; Nationwide
Institutional Crypto Services
Amber Group
Unicorn + Founded: 2015 Singapore
Investors: DHVC; Pantera; Tenzor Capital; Bixin Ventures; Deltahub Capital; Drops Ventures; Mapleblock Capital; Ld Capital; Blackdragon
FalconX
Unicorn + Founded: 2018 United States
Investors: Thoma Bravo; B Capital Group; CMT Digital; Sapphire Ventures; Fenbushi Capital; Cleo Capital; Accel; Lightspeed Venture Partners; Cadenza Ventures; Adams Street; Flybridge Capital Partners; Tiger Global; Hashkey Capital; Accomplice; Altimeter Capital; Accomplice VC; B Capital; Tiger Global Management; Mirae Asset; GIC; Myasiavc; Wellington Management; Amex Ventures; Coinbase Ventures
NYDIG
Unicorn + Founded: 2017 United States
Investors: Fs Investments; Starr Insurance Companies; Liberty Mutual Insurance; Fintech; Mass Mutual; Bessemer Venture Partners; Fiserv; New York Life; Morgan Stanley; Soros Fund Management; FIS Global; Affirm; Westcap; Fintech Collective; New York Life; Raga Partners; Stone Ridge Holdings Group
SEBA Bank
Founded: 2018 Switzerland
Investors: Defi Technologies; Summer Capital; Gate Ventures; Alameda Research; Ordway Selections; Altive; Courtin Investment; Ftx US; Julius Baer
Institutional Staking Providers
Allnodes
Founded: 2017 United States
Investors: Monday.com; Entre Capital; Riskified; Tal Ventures; Rapyd Ventures
Blockdaemon
Unicorn + Founded: 2017 United States
Investors: Lerer Hippeau; Voyager Digital; Softbank Vision Fund 2; Genacast Ventures; Coinfund; Fenbushi Capital; Tiger Global; Matrix Capital Management; Hashkey; Boldstart Ventures; Borderless Capital; Kenetic; Goldman Sachs; Blockchain.com; Heavybit; Morgan Creek Digital; Coinshares; Uphold; Sapphire Ventures; Kraken Ventures; Blockfi; Illuminate Financial; Stepstone Group; Sapphire; Greenspring Associates; Hard Yaka
Figment
Unicorn + Founded: 2018 United States
Investors: Bonfire Ventures; Appworks; Cobalt Capital; Liberty City Ventures; CMS Holdings; Fj Labs; Binance Labs; Bitstamp; XDL Capital Group; Chinarock Capital Management; Mirae Asset; Two Sigma; Starkware; Declaration Partners; Blockfi; Thoma Bravo; Anchorage Digital; Counterpoint Global; B Capital Group; Parafi Capital; Hard Yaka; Chaos Ventures; BKCM; Two Sigma Ventures; Galaxy Digital; GSR Venture; Manara Capital; Franklin Templeton; Hof Capital (new York); Avon Ventures; Standard Investments; Hof Capital; 10t Fund
InfStones
Founded: 2018 United States
Investors: 10t Fund; SNZHolding; Ince Capital; Softbank Vision Fund 2; A&T Capital; Qiming Venture Partners; GGV Capital
StrongBlock
Founded: 2018 United States
Investors: Copernicus Asset Management; Pangea Blockchain Fund; Copernicus Asset Management Sa; Magnetic Capital.
Know Your Customer/Transaction (KYC/KYT)
BlockPass
Token: PASS Founded: 2017 Hong Kong
Investors: Chain of Things; Infinity Blockchain Labs; The Goldman Sachs Group; BnkToTheFuture
Chainalysis
Unicorn + Founded: 2014 United States
Investors: Ribbit; Blackstone; Bank Of New York Mellon; Dragoneer Investment Group; 186 Ventures; Sound Ventures.; 9yards Capital; Pictet; Sozo Ventures; Plug And Play Tech Center; Silicon Valley Bank; Addition; Altimeter Capital; Coatue; Point Nine Capital; Benchmark Capital; Emergence Capital; Sequoia Capital; Converge; Durable Capital Partners; Techstars; MUFG Innovation Partners; Fundersclub; Digital Currency Group; Accel; Paradigm; GIC
Civic
Token: CVC Founded: 2015 United States
Investors: Propel Venture Partners; Social Leverage; Founder Collective; U.s. Small Business Administration.; Digital Currency Group; Sound Ventures; PPP; Blockchain Capital; Pantera Capital
Coinfirm
Founded: 2016 United Kingdom
Investors: Zokyo; Six Fintech Ventures; NKB; Blockchain Valley Ventures; Master Ventures; Middlegame Ventures; Coinshares; Gauss Ventures; G1 Ventures; Alfabeat; Fivet Fintech; Mission Gate; Luma Ventures; Plug And Play Tech Center; Harwell Capital
Elliptic
Founded: 2013 United Kingdom
Investors: Albionvc; Octopus Ventures; Paladin Capital Group; J.p. Morgan; Evolution Equity Partners; Softbank Vision Fund 2; Wells Fargo Strategic Capital; Signalfire; SBI Group; Digital Currency Group
KYC Chain
Founded: 2013 Hong Kong
Investors: Click Ventures,Cyberport Hong Kong; SuperCharger FinTech Accelerator; Digital Ventures Accelerator; FinTech Innovation Lab
Merkle Science
Founded: 2018 United States
Investors: Beco Capital; K3 Ventures; 500 Global; Aspen Digital; Hashkey Capital; Token Bay Capital Venture Fund; Coinhako; Republic; Kraken Ventures; Uncorrelated; Fenbushi Capital; Libertus Capital; Summer Capital; Kenetic Capital; Digital Currency Group; Blockrocket; Tribe Accelerator; Entrepreneur First; Fintech Sandbox; Lloyd’s Lab; Creative Destruction Lab; Cadenza Ventures
Solend
Token: SLND Founded: Finland
Investors: Dragonfly Capital Partners; Race Capital
Sumsub
Founded: 2015 United Kingdom
Investors: Flint Capital; Pretiosum Ventures; MetaQuotes Software; UCP Investment Group
Liquidity Providers
Ankr
Token: ANKR Founded: 2009 United States
Investors: 100&100 Venture Capital; Binance Labs; Block54 Capital; DeltaHub Capital; Quest Capital Group (Korea); Block VC; Carnaby Capital; DHVC; Hack VC; JAM Capital; Jiuding Group; Lemniscap; LINKVCLYVCNGC Ventures; OK Blockchain Capital, Pantera Capital; Spark Digital Capital; ArkStream Capital; BTX Capital; FairSquare Labs; Lancer Capital; Mapleblock; Shima Capital; TRGC
Lido
Founded: 2020 Cayman Islands
Investors: Stakefish; Alameda Research; Kr1; Parafi Capital; Semantic Ventures; Staking Facilities; A16z; Coinbase Ventures; Defiance Capital; Three Arrows Capital; Digital Currency Group; The Lao; Terra Venture Partners; Robot Ventures; Delphi Digital; Andreessen Horowitz; Jump Trading; Dragonfly Capital; Paradigm
Rocket Pool
Founded: 2017 Australia
Investors: Consensys Mesh
Stader Labs
Founded: 2021 Singapore
Investors:Blockchain.com; Figment; Goldentree Asset Management; 4rc; Matt Cantieri; DACM; Three Arrows Capital; Amber; Accel; Prabhakar Reddy; Accomplice
StarkWare
Founded: 2018 Israel
Investors: Paradigm; Pantera Capital; Communitas Capital Partners; Atomico; Dragonfly Capital Partners; Semantic Ventures; Sequoia Capital; Multicoin Capital; Consensys; Floodgate; Founders Fund; Coatue; Polychain; Wing Venture Capital; Tiger Global; Metastable; Collaborative Fund; Scalar Capital; Wing Capital; Alameda Research; DCVC; Tiger Global Management; Greenoaks Capital; Intel Capital; Three Arrows Capital; Coinbase Ventures
NFTs & Gaming
Dapper Labs
Founded: 2018 Canada
Investors: GIC; A.capital Ventures; GV; Andreessen Horowitz; Appworks; Liberty City Ventures; Sound Ventures; Valor Capital Group; Distributed Global; Fenbushi Digital; Warner Music Group; Venrock; Coinbase Ventures; Eonxi Ventures; North Island Ventures; Global Blockchain Innovative Capital; A16z; Coatue Management; Dreamers VC; L1 Digital Ag; Samsung Next; Andreessen Horowitz (cultural Leadership Fund); Graph Ventures; Fenbushi Capital; Thomas McInerney; Version One; Animoca Brands; Blue Slide Ventures; Bond; USV; Coinfund; Axiom Zen; Hex Capital; Union Square Ventures; Hof Capital; Blockchange Ventures; Accomplice; Pirata Capital; The Chernin Group; Greenfield One; Republic Labs; Andreessen Horowitz’s Crypto Fund; CMT Digital; Coatue; Sv Angel; Yes VC; Version One Ventures; Digital Currency Group; Blocktower Capital; Samsung Next Ventures; Perle Ventures; Operator Partners; Skyvision Capital; Third Point Ventures
Forte
Unicorn + Founded: 2018 United States
Investors: Union Grove Venture Partners; Overwolf; Andreesen Horowitz; Canaan Partners; Warner Music Group Corp; Zventures; Big Bets; Battery Ventures; Solana Ventures; Huuuge Games; Conductive Ventures; 0xpolygon; Cosmos; Solana; Canaan Capital; Tiger Global; Polygon Studios; Acme Capital; Griffin Gaming Partners; Animoca Brands; Kora Management; Playstudios; Sea Capital
LooksRare
Token: LOOKS Founded: New York, United States
Investors: Assembly Partners; Fisher 8 Capital
Mythical Games
Unicorn + Founded: 2018 United States
Investors: Javelin Venture Partners; Struck Capital; Norís Capital; Fenbushi Capital
OpenSea
Unicorn + Founded: 2018 United States
Investors: Blockstack; CAA Ventures; Mark Cuban; Kathryn Haun; Michael Ovitz; Andreessen Horowitz; Ashton Kutcher Network; Pascal Capital; Foundation Capital; 9yards Capital; Blockchain Capital; Metapurse; Naval Ravikant; 1confirmation; Coatue; Coatue Management; Founders Fund; Svangel; A.capital Ventures; Coinbase Ventures; Flamingo Dao; A16z; Y Combinator; Standard Crypto; Paradigm; Sparklabsgroup; A-star
Sky Mavis
Unicorn + Founded: 2019 Singapore
Investors: FTX; 500 Startups; Pangea Blockchain Fund; Backed Vc; Paradigm; Accel; Hashed; Animoca Brands; Andreessen Horowitz; Binance; Seven Seven Six; Consensys; Samsung Next; A16z; Dialectic Ag; Collab + Currency; Blocktower Capital; Accel Partners; Fabric; Libertus Capital; Dialectic
Sorare
Unicorn + Founded: 2018 France
Investors: Atomico; Archimedia; Bessemer Venture Partners; Accel And Headline.; Partech Partners; E.ventures; Softbank; Liberty Global; Benchmark; IVP; Consensys Mesh; Cassius Family; Broadhaven Ventures
Payments
Celo
Token: CGLD Founded: 2017 United States
Investors: Coinbase Ventures; Electric Capital; Greenfield One; Staked Vc; Coinix; Dragonfly Capital Partners; A16z; Cmt Digital; Version One Ventures; Valor Capital Group; 9yards Capital
Elly (GoCrypto)
Founded: 2017 Slovenia
Investors: Roger Ver, Pangea Blockchain Fund, Matevz Gantar
Flexa
Founded: 2018 United States
Investors: Access Ventures; Pantera Capital; Nima Capital; U.s. Small Business Administration
Lightning Network
Founded: 2018 United States
Investors: Redline DAO; WeWork; WTIA Startup Program
MoonPay
Unicorn + Founded: 2018 United States
Investors: Tiger Global Management; Coatue; Blossom Capital; Thrive Capital; Paradigm; Night Ventures; HOF Capital; K2 Global; Jaws Ventures; Quiet Capital; Sound Ventures; Connect Ventures; Electric Feel Ventures; Revels Group Ventures; K5 Global; BroadLight Capital; Kinship Ventures; Plus Capital; Palm Tree Crew; Marcy Venture Partners; Time Ventures; AG Ventures; MANTIS Venture Capital; Human Capital; Seven Investments; True Capital Management; New Enterprise Associates; J.A.S Ventures; Valhalla Ventures; NWQ Ventures
Superfluid
Founded: 2020 United Kingdom
Investors: Defi Alliance; Metacartel Ventures; Multicoin Capital; Semantic Ventures; Defiance Capital; Divergence Ventures; BR Capital; Fabric Ventures; Delphi Digital; MMC Ventures
Wirex
Founded: 2014 Ireland
Investors: Genesis Capital (China), Love Capital, NGC Ventures, SBI Investment, Lancer Capital
RegTech & Security
CertiK
Unicorn + Founded: 2017 United States
Investors: Softbank Vision Fund; Coatue Management; Tiger Global; Insight Partners; Advent International; Goldman Sachs; Lightspeed Venture Partners; Hillhouse Capital; Vision Fund; Ausvic Capital; Lenovo; Sequoia Capital; Tiger Global Management; Shunwei Capital; Sequoia; Idg Capital; Wing; Binance; Coinbase; Gl Ventures; Tsingyuan Ventures; Yale University
TaxBit
Unicorn + Founded: 2018 United States
Investors: TTV Capital; Tiger Global; 9yards Capital; Haun Ventures; Sapphire Ventures; Collaborative Venture; IVP; Original Capital; Insight Partners; Madrona Venture Group; U.s. Small Business Administration.; Global Founders Capital; Album Ventures; Winklevoss Capital; Valar Ventures; Galaxy Digital; Paradigm
Centralized Crypto Exchanges
Binance Chain
Public Company + Token: BNC
Coinbase
Public Company + Founded: 2012 United States
Investors: National Bank of Canada, ARK Invest, Capella Partners, Draper Dragon, Moshe Koyfman, Paradigm (Crypto Fund), Southern Equity, K2 Global, Draper Venture Network, Bakkt
KuCoin
Founded: 2017 Hong Kong.
Investors: NGC Ventures; IDG Capital; Matrix Partners; Karnika Yashwant; Jump Crypto; Circle; Susquehanna International Group (SIG)
Gemini
Unicorn + Founded: 2015 Spain
Investors: Newflow Partners; Commonwealth Bank Of Australia; Cleo Capital; Mogo; Marcy Venture Partners; 10t; Parafi; Morgan Creek Digital; K5 Global; 10t Fund
Kraken
Founded: 2011 United States
Investors: Intersection Fintech Ventures; Ribbit Capital; A.Capital Ventures; Andreessen Horowitz; Blockchain Capital; Coinbase Ventures; ParaFi Capital; Rockaway Blockchain Fund; SV Angel; Union Square Ventures; Variant Fund; Version One Ventures; 9Yards Capital; Hex Capital; Mapleblock; SkyVision Capital; Mantis VC; Master Ventures; Republic Capital New York; Electric Capital; HOF Capital; MyAsia; VCTribe Capital; Arceau Capital; Blockchain Capital; Digital Currency Group; SBI Investment
StableCoins
Circle
Unicorn + Founded: 2013 United States
Investors: Blackrock; Fidelity Management; Next Ventures; Baidu; FTX; Puget Sound Venture Club; General Catalyst Partners; IDG Capital Partners; Fenbushi Capital; K2 Global; Pantera Capital; Marshall Wace; Blackrock; Valor Capital Group; Accel Partners; Pillar Companies; Tusk Ventures; Breyer Capital; Fidelity Management And Research; Digital Currency Group; CICC; CMT Digital; Bitmain; Fin Capital; Goldman Sachs; Willett Advisors; Oak Investment Partners; Intersection Fintech Ventures; U.S. Small Business Administration; Wanxiang Healthcare Investments; Michael J. Price; China Everbright Investment Management; Tusk Venture Partners; PPP; Atlas Merchant Capital; Creditease; Fidelity Investments; Blockchain Capital; Adage Capital Management; Pillar VC; Pennspring Capital
DefiDollar
Founded: 2020 India
Investors: CMS Ventures; Accomplice; Standard Crypto; Altonomy.; Ledger Prime; Divergence Ventures
dForce
Founded: 2019 China
Investors: China Merchants Bank International; CMB International; Multicoin Capital; Huobi Capital
MakerDAO
Token: DAI Founded: 2014 United States
Investors: Dragonfly Capital Partners; Paradigm
Paxos
Unicorn + Founded: 2012 United States
Investors: Bank Of America; FTX; Coinbase Ventures; Founders Fund
Tether
Token: USDT Founded: 2014 Hong Kong
Yield Aggregators
Badger
Founded: 2020 United States
Investors: Polychain Capital; Blockchain Capital; Parafi Capital
Groprotocol
Founded: 2020 United Kingdom
Investors: Framework Ventures; Three Arrows Capital; Variant; Northzone Ventures; Northzone; Nascent; A_capital; Galaxy Digital; A.capital Ventures
Hedgehog
Founded: 2018 United States
Investors: Dragonfly Capital Partners; Y Combinator
Idle
Founded: 2019 United States
Investors: Gumi Cryptos Capital; Long Hash; Quantstamp; Consensys Ventures
Yearn.Finance
Founded: 2020
Investors: Bitscale Capital; Visary Capital; Blockchain Capital; Infinite; Framework Ventures
Other Blockchain
Unstoppable Domains
Founded: 2018 United States
Investors: Boost VC, Hard Yaka, Mayfield Fund, EI Ventures, We3, Draper Associates, OKG Ventures, Pantera Capital, DCX, Coinbase Ventures, Protocal labs
We would be honored to receive any feedback on emerging sectors, hot company nominations, and any other informed input by posting in the public comments below, sending a confidential email to theeditor@cryptoniteventures.com, or filling out the Top Company nomination form here.
Most Active Blockchain Risk Investors
Over 2,000 unique professional venture capital and risk investor funds bet on our initial nomination list in the 151 blockchain companies listed above. The list below represents the top 33 venture capital firms and other risk investors ranked by the total number of companies by each investor. This list only includes investors in seven companies or more
Andreessen Horowitz — 33
Coinbase Ventures — 32
Pantera Capital — 22
Blockchain Capital — 21
Tiger Global — 21
Paradigm — 20
Digital Currency Group — 16
Parafi Capital — 15
Coatue Management — 14
Fenbushi Capital — 13
Three Arrows Capital — 13 (filed for bankruptcy in 2022)
Alameda Research — 12 (filed for bankruptcy in 2022)
Galaxy Digital — 12
Draper Associates — 11
Dragonfly Capital Partners — 11
Defiance Capital — 11
Binance — 10
Hashkey Capital — 10
FTX Ventures — 10
Multicoin Capital — 10
Sequoia Capital — 9
Polychain Capital — 9
Accel — 8
CMT Digital Ventures — 8
10t Fund — 8
Lightspeed Venture Partners — 8
9yards Capital — 8
Hashed — 8
Hard Yaka — 9
Blockchain Ventures — 7
HOF Capital — 7
Sound Ventures — 7
Consensys — 7
How Top Company Founders & CEOs Leverage the Cryptonite platforms
Cryptonite Live!
Cryptonite Live! shows highlight top entrepreneurs, companies, innovation trends, and investment opportunities. Our Wizards participate as Cryptonite Live! presenters, commentators, and program hosts. Cryptonite viewers interact by rating and rewarding presenters with CPRO, real-time commenting, and connecting with others.
Cryptonite Innovation World Tour
Top company founders work with our event producers to plug-into live programming as hosts and presenters on the Cryptonite World Tour. The Founders of the winning companies are also invited to an exclusive ‘Founders and CEO dinner’ at the annual Cryptonite Summit held every July on the Stanford University campus.
Cryptonite Wizard home page
Designed in a retro-Reddit, subject tag-driven format, top company founders can share and initiate the debate on the Wizard home page. Members can also rate and reward each other with CPROs, make comments, and connect.
Apply to be a Cryptonite 300 company here.
More on Cryptonite [+]
Apply to be a Cryptonite Wizard here.
Sign up for the CPRO pre-sale alert list here. Also, feel free to get in touch with us at Faith@CryptoniteVentures.com for additional details or questions.
Cryptonite Telegram Group
Until our network app launches in the Fall of 2022, we are building a community on the Cryptonite Wizard Telegram Group by allowing our Wizards and Founding Members the ability to post and share. At the same time, the rest of the world may observe and learn.
Click here to join the Cryptonite Telegram Group.
