Here are the 50 most promising blockchain companies

CB Insights surveyed 3,000 blockchain companies to compile a ranking. Sectors of activity, collected amounts, nationality… Find out.

For the second consecutive year, CB Insights has decided to establish its list of the most promising blockchain companies, “The Blockchain 50”. How ? First from an identification process that resulted in a list of 3,000 companies, then applying different criteria: business model, positioning, market maturity plus an internal algorithm (Mosaic), which has been repeatedly shown relevant in the past. The 50 companies that left the mill unscathed are presented in the infographic below:

© CB Insights

Interest of the ranking, companies are presented by activity. The prize was won in the Infrastructure and Development category, with 8 companies, followed by Exchange (7) then Portfolios, tied with NFT & Gaming (6). In each of these categories, the study looks at the companies that raised the most funds. Here is the result:

Highest company by activity
Activities Agency
Capital markets Axons
Consumer performance Celsius network
Custody and wallet services Fireblock
Data and analysis Nansen
Challenge Ave
Exchanges FTX
Infrastructure and development Alchemy
Institutional cryptographic services NYDIG
NFT and games Forte Laboratories
Payments MoonPay
RegTech and security chain analysis
Staking and hosting of nodes block daemon

Another interesting list, here are the 10 companies that raised the most funds and their investors:

Companies that have raised the most funds
Rank Agency Activities Total amount raised ($ million) Village Investors (not exhaustive)
1 FTX Exchanges 1828.69 Bahamas Temasek, SoftBank Group, Tiger Global Management, Sequoia Capital, Insight Partners
2 NYDIG Institutional cryptographic services 1355 UNITED STATES Bessemer Venture Partners, Morgan Stanley, Ribbit Capital, Soros Fund Management, Mass Mutual
3 Fireblock Custody and wallet services 1039 UNITED STATES Coatue Management, Sequoia Capital, D1 Capital Partners, Ribbit Capital, General Atlantic
4 Forte Laboratories NFT and games 910 UNITED STATES Tiger Global Management, Andreessen Horowitz, Battery Ventures, Animoca Brands, Kora Management
5 Celsius network Consumer performance 778.8 UNITED STATES Caisse depot et placement du Quebec, WestCap Group, Bnk To The Future, Tether
6 So rare NFT and games 737.08 France SoftBank Group, Accel, D1 Capital Partners, Institutional Venture Partners, Benchmark
7 Dapper Labs NFT and games 665.07 Canada Andreessen Horowitz, Coatue Management, GIC, Google Ventures, Venrock
8 MoonPay Payments 555 UNITED STATES Tiger Global Management, Coatue Management, New Enterprise Associates, Thrive Capital, Paradigm
9 Alchemy Infrastructure and development 545 UNITED STATES Coatue Management, Andreessen Horowitz, Lightspeed Venture Partners, Silver Lake, DFJ Growth Fund
10 Step Custody and wallet services 535.25 UNITED STATES Senator Investment Group, Liberty City Ventures, RRE Ventures, WestCap Group, PayPal Ventures

Do you want more ? Let’s run. Know that :

  • 31 of the 50 companies are already unicorns,
  • the 50 companies raised a total of $ 13.2 billion in 2021 alone ($ 17.1 billion from 2016)
  • Also in 2021, they completed 41 fundraising rounds of $ 100 million or more
  • come from 15 different countries, but mostly from the US (28) and the UK (5)
  • 2 come from France: Ledger and Sorare
  • The top 3 investors are, in order: Coinbase Ventures (16 companies), Andreessen Horowitz (14) and Paradigm (13)

We stop here, after you get used to it.

Leave a Comment