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Why now?
There is no hot trend, rather, it is the maturation of the industry and everything that goes along with that evolution that is making companies like Bitpanda , Ledger and BlockFi hit the magical unicorn mark.
One of the main aspects of that maturation is the buildup of the ecosystem around crypto, which is now starting to create its own $1 billion-plus companies. While exchanges like Coinbase and San Francisco-based Kraken may come to mind first when thinking about buying and selling crypto, multiple layers are being built out in the industry to help people manage, report and secure assets.
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MORE IDEAS ON THIS
- France-based security and infrastructure solutions provider Ledger raised a $380 million Series C at a $1.5 billion valuation in June.
- New York-based Fireblocks , which helps with a variety of business issues around di...
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“There definitely is rising interest in ‘pick-and-shovel’ companies in the space,” said Austin Woodward , co-founder and CEO of Utah-based TaxBit , which provides tax and a...
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