Top Cryptocurrency Startups in 2024

Powerloom Protocol is a composable data network primarily aimed at serving the onchain data needs of smart contract-based applications within DeFi, GameFi, NFTs, and more. We incentivize participating peers to reach a consensus on state transitions and event emissions observations across many smart contracts. By utilizing data compositions on smaller, consensus-reached data units, Powerloom stands as a peer-validated and accurate information source, empowering rich data applications like dashboards, bots, aggregators, and insights trackers.

Luxor is a US-based compute power company focused on Proof-of-Work crypto mining. We believe that compute power will become an increasingly valuable commodity and are building traditional markets & derivatives to support it.

Gemini is a digital asset exchange and custodian that allows customers to buy, sell, and store digital assets such as bitcoin, bitcoin cash, ether, zcash, and litecoin. Gemini is a New York trust company that is subject to the capital reserve requirements, cybersecurity requirements, and banking compliance standards set forth by the New York Department of Financial Services and the New York Banking Law. Gemini was founded in 2014, by brothers Cameron and Tyler Winklevoss. In December of 2018, Gemini extended its trusted platform launching its mobile app making trading easy for customers on the go. In September of 2018, Gemini launched the world’s first regulated stablecoin, the Gemini dollar, that combines the creditworthiness and price stability of the U.S. dollar with blockchain technology and the oversight of U.S. regulators. Gemini, in partnership with the Cboe Futures Exchange, LLC, launched the first-ever bitcoin futures contract in December of 2017.

Parallax is an early stage, VC-backed startup bringing the benefits of crypto to b2b payments. We’re backed by an amazing suite of fintech & crypto investors, led by Dragonfly Capital. Our mission is unlock the power of crypto for all businesses. We believe that crypto is a superior form of money movement. It's faster, cheaper, and more convenient -- especially for international transfers, where the alternative is a wire that has a hefty fee, takes forever, and may or may not get lost on the way. We’re building the infrastructure to make crypto the ubiquitous form of business money movement. Our first product makes crypto b2b payments dead simple from communicating the need for a payment, all the way down to accounting, so businesses can get back to doing what they do best.

Blockstream is the global leader in Bitcoin and blockchain technology. Applying cutting-edge cryptography and security engineering, we’re building the products and networks that make financial markets more efficient by reducing reliance on trust. Bitcoin is at the heart of everything we do. From enterprise-grade settlement networks, to consumer wallets, to Bitcoin satellites, our technology is accelerating the adoption of bitcoin-based peer-to-peer finance. Blockstream's key innovation is in sidechains, which enable the introduction of brand new features to Bitcoin, as well as the issuance of new digital assets. OUR PRODUCTS: - The Liquid Network: sidechain-based settlement network for traders and exchanges - Blockstream Green: simple and secure Bitcoin wallet with Liquid support - Blockstream Mining: colocation services for Bitcoin miners - Blockstream Satellite: the Bitcoin blockchain beamed from space - Many major contributions to Bitcoin open source software and research

Bitso, Mexico's first Bitcoin exchange & issuer of MXN balances in the Ripple Network. Remittances are critical for the Mexican and most Latin American economies, with US-to-Mexico being the largest remittance corridor in the world. Mexicans living in the U.S. send almost $22 billion a year to their country. Bitso.com aims to create the foundation for a healthy Bitcoin economy in Mexico, thus enabling the use of Bitcoin as a mechanism for substantially improving the efficiency of this vast economic flow; decreasing the costs and increasing the speed of transactions. Bitso launched early April 2014, exiting its beta period in July. Bitso's userbase is growing daily, with significant media attention both locally and internationally. coindesk.com/bitcoin-opportunity-corp-mexico-bitso coindesk.com/mexican-exchange-bitso-enables-mobile-credit-card-payments coindesk.com/ripple-network-expands-addition-first-peso-issuer

Paradigm is the leading institutional OTC trading platform providing a single point of access to multi-dealer, block liquidity for crypto futures and options across the largest derivatives exchanges globally. We’ve established ourselves as the pioneers of RFQ-based block trading, with $7+ billion in monthly volumes, and we routinely account for 10-30% of daily global cryptocurrency option flows. We have a global network of 460+ counterparties that include hedge funds, OTC desks, lenders, structured product issuers, market makers, and family offices. Our mission is to connect traders, drive automation in their workflows and simplify onboarding so that they can focus on what matters most: trading! Paradigm is backed by Dragonfly Capital, Digital Currency Group, OKEx Ventures, Bybit Fintech, Alameda Ventures, New York Digital Investment Group (NYDIG), Vectr Fintech Partners, CoinShares, XBTO Ventures, Monex Group, and Yleana Venture Partners.

Valory makes AI software that groups of people or organizations can control together. This creates new opportunities in web3, science, and enterprise ventures, and means powerful AI systems can be owned by everyone. We co-created Olas, the platform for co-owning AI, specifically autonomous AI agents, coordinated by the OLAS token. It's made up of the Olas Stack, an open-source framework for building the agents and the Olas Protocol, a blockchain protocol for incentivizing the agents. We believe AGI will be agentic and must be co-owned. We are proving that the majority of crypto users will be AI agents, and they're already here.

Bitfinex is a digital asset trading platform offering state-of-the-art services for digital currency traders and global liquidity providers. Founded in 2012, Bitfinex was one of the first professional platforms set up to accomodate for the booming interest in cryptocurrency trading. Since then, the team has gained invaluable experience whilst cementing their spot as the go-to platform for digital asset traders and institutions. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital assets. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for professional traders and liquidity providers around the world.