Unicorns are companies which have crossed the $1 billion valuation mark. They are a rare breed nowadays but are growing as the cryptocurrency market grows. In today’s crypto news, we are listing the top 10 most valuable blockchain companies at press time.
Just so you know, the below shared values include the company valuation which is an useful alternative to more common measurements – mostly because not every crypto company issues a coin that has a market cap or is an exchange with trading volume.
1.Bitmain – $12 billion
By far, Bitmain is the highest valued crypto company and a leader in the top 10 most valuable blockchain companies now. It operates mining pools and mining farms, and it attracts mining capital.
2.Coinbase – $8 billion
Best known for its professional retail trading platforms, Coinbase is among the leading exchanges out there. You can check our latest Coinbase news to see the new updates and developments.
3.Robinhood – $7 billion
It all started as a stock trading platform with a focus on trading without fees – and transformed to Robinhood which has a $7 billion valuation as of May 2019 and is making the top 10 most valuable blockchain and crypto companies now.
4.Ripple – $5 billion
Ripple is the company responsible for XRP which is the third largest cryptocurrency on the market. In September 2018, Forbes reported that Ripple’s value was $4.7 billion but now it is above that mark.
5.Kraken – $4 billion
Another major crypto exchange which earlier underwent a major expansion as it acquired a futures trading platform.
6.Circle – $3 billion
This is a multifaceted crypto services company which started off as a payments company but began offering trading and investment services later on.
7.Block.one – $3 billion
Just like Circle, Block.one (the company behind EOS) is the seventh largest cryptocurrency and a precious member of the top 10 most valuable blockchain and crypto companies nowadays.
8.BitMEX – $3 billion
Known as an exchange which offers futures and perpetual contracts, BitMEX has a valuation of $3.6 billion based on annual profits.
9.Binance – $2 billion
Binance is the largest exchange by trading volume but also provides an array of other features and services – including the Binance Coin (BNB) and Binance Chain.
10.Canaan Creative – $2 billion
This mining company is last in our top 10 most valuable blockchain and crypto companies and is second to Bitmain in terms of mining hardware sales.
We hope that this list helped you see the valuation of the most successful unicorns in the cryptocurrency and blockchain space!
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