Since its introduction 10 years ago, the popularity of cryptocurrencies has continued to rise. Their rise is huge, and even began to affect the economic activities of certain countries. No matter when you go to a new area, you will find that people are discussing or talking about cryptocurrency related topics or news, which is not surprising, and 2019 is no exception.
With this in mind, here are the top ten cryptocurrency companies to watch in the coming year:
1. Bitfury Group (Amsterdam) Founders:
Valery Vavilov and Valery Newsboy Total financing: 1.5 billion euros Bitfury prides itself on blockchain And full-service technology companies. The company was founded in 2011 and has now become a market leader in BTC blockchain infrastructure and security development. In addition, he participated in the design and production of innovative hardware solutions designed to keep blockchain platforms and cryptocurrencies safe.
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TOP 10 CRYPTOCURRENCY in 2020
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2. Breadwallet (Zurich) dam Traidman and Aaron Voisine financing:
5.8 million euro bread wallet provides a cryptocurrency wallet that can be used to store, transmit and receive digital currency Their wallets can be used anytime, anywhere. According to the information provided on its official website, consumers can fully guarantee privacy when using wallets. It does not require any registration, login or submit personal information. Since its launch, it has accumulated more than 2.5 million users in more than 170 countries. So far, it has managed to protect more than $ 6.5 billion in cryptocurrencies. In the coming year, its goal is to become the largest and most trusted manufacturer of cryptocurrency wallets on the market.
3. Ledger (Paris) Founders: Thomas France, Eric Larcheveque, Nicolas Bacca, Joel Pobeda Total financing:
72.7 million euros Ledger was founded 5 years ago to develop infrastructure and security solutions for blockchain applications and cryptocurrencies One of the schemes of cryptocurrency companies. Its customer base includes individuals and companies. In early 2019, the company launched a new cryptocurrency hardware wallet called Nano x. In addition, the platform has a mobile application called Ledger Live, which customers can use to seamlessly manage their tokens.
4. Elliptic (London) Founders: Tom Robinson, James Smith, and Adam Joyce Financing:
6.4 million Euros Elliptic is a platform that mainly deals with the identification of illegal activities on the Bitcoin blockchain. Once these activities are discovered, the company will provide law enforcement agencies and financial institutions with actionable intelligence, which can be used to reduce the risk of using Bitcoin for transactions. The main purpose of the platform is to make password-related transactions more reliable and transparent.
5. Blockchain (England) Founders: Peter Smith, Nicolas Cary, and Ben Reeves Financing:
63.6 million Euros Blockchain is a web-based platform designed to help companies and individuals obtain and use in an efficient, simple and secure way Cryptocurrency. The platform is supported by world-renowned cryptocurrency investors such as Google Ventures and Lightspeed Venture Partners.
6. Bitwala (Berlin) Founders: Jorg von Minkwitz, Jan Goslicki and Benjamin Jones Financing:
6.4 million euros The only mission to launch Bitwala is to subvert the traditional banking industry. This disruption will eventually lead to the creation of a single account, which will eventually lead to a seamless transition between the world of fiat and cryptocurrencies. Unlike other cryptocurrency companies on the list, Bitwala provides customers with a formal bank account and then connects them to their cryptocurrency wallets. With this account, customers can easily store Bitcoin, trade cryptocurrencies, and conduct daily banking.
7. SETL (London) Founder: Peter Randall Financing:
36.4 million Euros SETL was developed as an initiative that will lead to the deployment of a blockchain-based settlement, multi-currency institution payment and multi-asset infrastructure platform . In addition, it enables participants in the cryptocurrency market to transfer assets and cash directly between each other. This helps to facilitate the immediate and final settlement of all market transactions.
8. Bitstamp (London) Founders:
Nejc Kodric and Damijan Merlak Financing: 11.3 million Euros Bitstamp is an online marketplace where cryptocurrency enthusiasts from all over the world can easily buy and sell the bitcoins they hold. Although the company is headquartered in London, it also has offices in California, Berkeley, and Luxembourg.
9. Luno Money (London) Founders:
Carel van Wyk, Timothy Stranex, Pieter Heyns and Marcus Swanepoel Financing: 12.7 million Euros The company was established only 6 years ago and has just started to gain a foothold in the cryptocurrency space. Luno is one of the few cryptocurrency companies that provides products and services that are designed to enable cryptocurrency enthusiasts to purchase, store, and acquire meaning about popular cryptocurrencies (such as Ethereum and Bitcoin) Information becomes safer, easier and more convenient. The company has announced that in 2020, it will release its vision of how to upgrade the world and start using a better and more reliable financial system.
10. Gem (Venice) Founder: Micah Winkelspecht Financing:
19.1 million Euros Gem was launched to make cryptocurrency accessible to people of all backgrounds from around the world. It also has a mission to make it easier for cryptocurrency holders and cryptocurrency enthusiasts to invest in various cryptocurrencies. This application provides cryptocurrency holders with a single entry point that they can use to track their digital assets and their true value. In addition, it also provides customers with decentralized applications and the discovery of new tokens. It also did not forget to ensure that all users use a secure universal wallet to always connect to the wider cryptocurrency community. This wallet will be launched in early 2020.
Summary:
Most of the cryptocurrency companies listed above have announced ambitious plans for 2020. Some companies will launch new products, while others are looking to improve their business practices. However, it is becoming more and more obvious that more and more startups are looking for creative ways to transform the cryptocurrency space by solving existing problems.
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Top 10 cryptocurrency companies to watch in 2020
Reviewed by Bilal
on
April 28, 2020
Rating:
Reviewed by Bilal
on
April 28, 2020
Rating:
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