About Cryptocurrencies sector in London, United Kingdom
The Cryptocurrencies sector in London, United Kingdom comprises 1.95K companies, including 419 funded companies having collectively raised $5.06B in venture capital money and private equity. Out of these, 117 are Series A+ funded, and 2 have achieved unicorn status.
Cryptocurrencies sector in London, United Kingdom has seen 40 acquisitions and 7 IPOs.
This sector includes all companies that provide bitcoin and other digital currency products and services.
Cryptocurrencies sector is also known as Crypto Assets, Virtual Currencies, Crypto Tokens, Decentralized Currencies, Crypto Fintech or crypto.
Companies enabling circulation of Bitcoin/ Cryptocurrency. They help in mining, trading, investments, transfer, save or spend (payments) Bitcoins are included in this sector. Excludes bitcoin faucets or websites that enable bitcoin circulation without being registered or do not plan to register as companies in near future.
Top Cryptocurrencies Companies in London, United Kingdom
There are 1,952 Cryptocurrencies startups in London, United Kingdom which include Blockchain, Luno, Wintermute, Elliptic, Mercuryo. Out of these, 419 startups are funded, with 117 having secured Series A+ funding, and 2 achieving unicorn status.
2026 has seen the creation of 10 Cryptocurrencies startups in London, United Kingdom. Over the past 10 years, an average of 153 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University College London, University of Oxford and University of Cambridge.
Here is the list of top Cryptocurrencies startups in London, United Kingdom
1. Blockchain
App-based platform for exchange and trading solutions for cryptocurrency. It enables users to buy, sell, swap, hold, earn, and trade crypto. It also has a wallet where users can buy, sell, and swap cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Stellar, and ALGO. It also allows users to transfer cryptocurrencies to interest accounts where users can earn interest. It is available on iOS and Android devices.
Key facts about Blockchain
- Founded Year: 2011
- Location: London (United Kingdom)
- Stage: Series E
- Total Funding till date: $700M
- Investors: Lightspeed Venture Partners, Lakestar and 29 Others
- Latest Funding Round: Series E, Nov 14, 2023, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 2 of 5,444 Competitors
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2. Luno
App-based platform for crypto wallet and investments. It allows users to send, receive, and store multiple digital assets. It supports digital currencies including Bitcoin, Ripple, Ethereum, Litecoin, and others. It also offers guidance on cryptocurrency transactions to new users. The application can be accessed on both iOS and Android devices.
Key facts about Luno
- Founded Year: 2013
- Location: London (United Kingdom)
- Stage: Acquired
- Total Funding till date: $13M
- Investors: Digital Currency Group, Balderton Capital and 14 Others
- Latest Funding Round: Series B, Sep 19, 2017, $*****
- Tracxn Score: 76/100 What is this?
- Competitors Rank: 6 of 2,919 Competitors
3. Wintermute
Crypto-based algorithmic market maker for digital assets. It also offers liquidity solutions. It features proprietary algorithms to provide for bids, offers, and exchange kiosks to make money. It also offers tools for managing security and risk assessment solutions for traders.
Key facts about Wintermute
- Founded Year: 2017
- Location: London (United Kingdom)
- Stage: Series C
- Total Funding till date: $56.8M
- Investors: Lightspeed Venture Partners, Blockchain Coinvestors and 12 Others
- Latest Funding Round: Series C, Jul 16, 2024, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 1 of 144 Competitors
4. Elliptic
Provider of blockchain analytics software for digital asset risk management. This technology enables the screening of transactions and wallets to identify potential financial crime. It facilitates the monitoring of digital asset activity to detect illicit behavior and assess risk levels associated with stablecoin issuers and decentralized finance protocols. The software provides tools for forensic investigations, allowing for the tracing of funds across different blockchain networks. It also offers data integration capabilities to support compliance workflows and regulatory reporting requirements.
Key facts about Elliptic
- Founded Year: 2013
- Location: London (United Kingdom)
- Stage: Series D
- Total Funding till date: $224M
- Investors: Paladin Capital, SoftBank and 36 Others
- Latest Funding Round: Series D, Jul 11, 2026, $*****
- Tracxn Score: 71/100 What is this?
- Competitors Rank: 7 of 1,829 Competitors
5. Mercuryo
Payment and banking infrastructure for crypto-native businesses. It is a payment infrastructure company that provides global access to money transfers for businesses with a bank-level oversight. Working together with industry leaders, it leverages a range of payment solutions to accelerate growth and boost the revenue of enterprises worldwide
Key facts about Mercuryo
- Founded Year: 2018
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $10.5M
- Investors: Target Global, Alisio DWC and 1 Other
- Latest Funding Round: Series A, Jun 25, 2021, $*****
- Tracxn Score: 70/100 What is this?
- Competitors Rank: 2 of 50 Competitors
Companies founded year-on-year in the Cryptocurrencies sector in London
10 new startups have been founded so far in 2026 in the Cryptocurrencies sector in London. 365 Cryptocurrencies startups in London were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 10 |
2025 | 47 |
2024 | 82 |
2023 | 149 |
2022 | 127 |
2021 | 174 |
2020 | 112 |
2019 | 226 |
2018 | 365 |
2017 | 244 |
Stage-wise distribution of Cryptocurrencies sector companies in London
Out of the total 1,952 Cryptocurrencies companies in London, 419 have secured funding. Among them, 117 have reached Series A or higher, and 78 to Series B or beyond.
Founded - 1,952
Funded - 419
Series A+ - 117
Series B+ - 78
Series C+ - 61
Company Stage | No. of companies |
|---|---|
Founded | 1,952 |
Funded | 419 |
Series A+ | 117 |
Series B+ | 78 |
Series C+ | 61 |
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Funding Trends in the Cryptocurrencies sector in London
Total funding year-on-year in the Cryptocurrencies sector in London
The Cryptocurrencies sector in London saw a total funding of more than $4.98B in the last 10 years. The most amount of funding was in 2023 at more than $996M. There has been a total funding of $232M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $232M |
2025 | $691M |
2024 | $704M |
2023 | $996M |
2022 | $855M |
2021 | $961M |
2020 | $201M |
2019 | $75.7M |
2018 | $106M |
2017 | $157M |
Recent Funding Rounds in Cryptocurrencies in London
In the year 2026, till October 2026, Cryptocurrencies companies in London have raised $232M in equity funding across 15 rounds.
In the same period last year (i.e. till October 2025), Cryptocurrencies companies in London had raised $423M across 23 rounds.
So, 2026 has seen a 45.2% drop in funding in Cryptocurrencies companies in London as compared to 2025.
Here are some recent, important funding rounds in Cryptocurrencies companies in London:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 5794 | Oct 08, 2026 | ||
Seed | 3205 | Oct 07, 2026 | and 3 more | |
Series D | 3092 | Jul 11, 2026 | ||
Series A | 3275 | May 21, 2026 | and 6 more | |
Series D | 1698 | May 12, 2026 |
Top Investors in Cryptocurrencies in London
Blockchain Coinvestors is the top investor in Cryptocurrencies companies in London based on number of companies invested.
Here are some top investors in Cryptocurrencies companies in London:
Investor | Location | Top Portfolio Companies |
|---|---|---|
San Francisco (United States) | ||
London (United Kingdom) | ||
London (United Kingdom) | ||
Menlo Park (United States) | ||
London (United Kingdom) |
M&A activity in Cryptocurrencies sector in London
In the year 2026, till October 2026, 5 acquisitions happened in Cryptocurrencies sector in London. Last year, in 2025, a total of 8 acquisitions happened in Cryptocurrencies sector in London.
Here are some recent, important acquisitions in Cryptocurrencies sector in London:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Oct 23, 2026 | ||
Business Acquisition | Oct 21, 2026 | ||
Business Acquisition | Sep 12, 2026 | ||
Business Acquisition | Mar 17, 2026 | ||
Business Acquisition | Mar 12, 2026 |
Acquisition trends in Cryptocurrencies sector in London
Here are the acquisition trends in Cryptocurrencies sector in London:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 5 |
2025 | 8 |
2024 | 5 |
2023 | 1 |
2022 | 4 |
2021 | 3 |
2020 | 4 |
2019 | 5 |
2018 | 3 |
2017 | - |
IPOs in Cryptocurrencies in London
In the year 2021, till September 2021, 1 IPO happened in Cryptocurrencies sector in London.
Here are some recent, important IPOs in Cryptocurrencies sector in London:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Sep 23, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Oct 05, 2020 | London Stock Exchange (LSE) | |
Aug 03, 2018 | London Stock Exchange (LSE) | |
Jun 17, 2011 | London Stock Exchange (LSE) | |
Dec 18, 1996 | London Stock Exchange (LSE) |
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Colleges which produce the most Cryptocurrencies companies in London
Companies founded by alumni from top colleges in the Cryptocurrencies in London
Most number of Cryptocurrencies startups in London have been founded by alumni from University College London, University of Oxford and University of Cambridge.
College | No. of companies |
|---|---|
University College London | 14 |
University of Oxford | 14 |
University of Cambridge | 10 |
Imperial College London | 9 |
London School of Economics and Political Science | 8 |
University of Warwick | 7 |
Harvard University | 6 |
University of Manchester | 5 |
IIM Calcutta | 3 |
INSEAD | 3 |
Total funding in Cryptocurrencies companies founded by alumni from top colleges in London
In the last 10 years, Imperial College London graduates' Cryptocurrencies companies in London have raised the most funding among top colleges. University of Oxford alumni are second, and Queen's University alumni are third.
College | Total Funding |
|---|---|
Imperial College London | $523M |
University of Oxford | $470M |
Queen's University | $243M |
Columbia University | $193M |
Columbia Business School | $136M |
University of Cambridge | $128M |
University College London | $76M |
London School of Economics and Political Science | $58M |
EDHEC Business School | $56.8M |
University of Warwick | $46.9M |
Top News in Cryptocurrencies in London
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BVNK and Marqeta Partner to Enable Stablecoin Spending on Payment CardsCrowdfund Insider•Sep 10, 2026•BVNK, Marqeta
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BCP Technologies Settles Digital Bond Trade Using Sterling Stablecoin tGBPCrowdfund Insider•Sep 05, 2026•Archax
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BTCC Exchange and Sumsub Collaborate to Streamline Identity Verification and AML ControlsGlobeNewswire•Sep 04, 2026•BTCC, Sumsub
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Goldman Sachs Partners with Apex Group and Archax for Tokenized Real Estate FundCommercial Observer•Jun 30, 2026•Archax
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tZERO and Archax Partner to Offer Tokenized Treasuries to US Institutional InvestorsNewMediaWire•Jun 23, 2026•Archax, tZERO
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TransferMate Partners with BVNK for Real-Time Stablecoin Settlements in Global PaymentsFintech Finance•Jun 02, 2026•BVNK, TransferMate
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PayDo Partners with BVNK to Add Stablecoin Capabilities Without Crypto CustodyThe Fintech Times•May 13, 2026•BVNK, Paydo
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Kopay partners with BVNK to add stablecoin wallet for customers worldwideBusiness Wire•May 11, 2026•BVNK, KoPayments
