Cryptocurrency

Top 5 most promising Cryptocurrency “unicorns” for 2022

Here are the five top companies in the cryptocurrency world, which have gone through the process of becoming unicorn companies. The rapid exponential growth of cryptocurrencies has opened a bay of opportunities for idealists across the globe. Since the year began, more than fifty cryptocurrency and blockchain-related projects have risen to the much-coveted unicorn status, with market analysts predicting more to come. A unicorn is a company that has been valued at more than one billion dollars by venture capitalists. Here is the list of the top 5 cryptocurrency unicorns everyone should watch in 2022

Bakkt

Valuation: US$1.7B (January 2021)

Bakkt, a digital asset manager is listed on the New York Stock Exchange under the symbol BKKT. The company’s platform enables consumers to purchase & trade Bitcoin & Bitcoin Cash. The company offers crypto trading and payment features with a fully-regulated Bitcoin derivatives market. They are one of the top 5 cryptocurrency unicorns, everyone should know about them. 

Binance

Valuation: US$2.10B (January 2021)

Binance is one of the newest and most popular cryptocurrency exchanges. They currently hold the record of the world’s largest daily trading volume of cryptocurrencies. Binance was launched in 2017 and is registered offshore in the Cayman Islands. Binance is a trading platform created by developer Changpeng Zhao, who had previously made high-frequency trading software. Binance is easy to use and safe while helping investors and traders buy/sell while taking a commission.

Blockchain.com

Valuation: US$5.20B (February 2021)

Blockchain.com is an online portal to digital currencies and the accompanying services, such as wallets and price trackers. The company began in 2011 as the first Bitcoin blockchain explorer, with a special focus on the user-friendliness of the interface. It later created a cryptocurrency wallet which accounted for 28% of bitcoin transactions between 2012 and 2020. Blockchain.com is the leading digital asset platform. They are behind many different cryptocurrencies, including Bitcoin and Ether. 

Chainalysis

Valuation: US$1.10B

Outside of DeFi projects, Chainalysis has been expanding rapidly. They recently raised their valuation to $1B following a $100M financing round last month. Chainalysis is one of the top 5 cryptocurrency unicorns and helps companies, governments, and law enforcement agencies track blockchain transactions. They also provide investigative tools that enable us to monitor suspected illicit activities happening on the blockchain. 

Robinhood

Valuation: US$11.70B (April 2017)

Robinhood Markets, Inc. is a US-based financial services company that has financed over 2 billion dollars in trades to date. Founded in 2014, Robinhood offers free stock trading with Apple’s iPhone & Android phones through its startup mobile app.

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