Companies in Decentralized Finance
There are 16,266 companies in Decentralized Finance which include Circle, Ledger, Polygon, Aptos, Uniswap. 5,591 companies in Decentralized Finance are funded, with 898 having secured Series A funding. Till date, the sector has seen the creation of 28 Unicorns. United States has the most number of companies in Decentralized Finance (4,061), followed by United Kingdom
(1,121), and then Singapore (777).
2026 has seen the creation of 7 Decentralized Finance companies. On average, the last 10 years have seen 1,476 new companies launched every year. Most number of Decentralized Finance startups have been founded by alumni from Stanford University, Harvard University and University of Pennsylvania.
Here is a List of top companies in Decentralized Finance
1. Circle
Cross-border payment solution for businesses focusing on cryptocurrency. It offers a payments API for payment processing, a payouts API for global payouts solutions, and more. The mobile application is available for Android users.
Key facts about Circle
- Founded Year: 2013
- Location: Boston (United States)
- Stage: Public
- Total Funding till date: $1.5B
- Investors: Fidelity Investments, BlackRock and 50 Others
- Latest Funding Round: Series E, Aug 22, 2023, $*****
- Tracxn Score: 88/100 What is this?
- Competitors Rank: 1 of 529 Competitors
2. Ledger
Blockchain based hardware wallet for cryptocurrency. Its products offered include Nano X, Nano S, Blue, and OTG Kit. It supports multiple cryptocurrencies including Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, and more. It offers a vault which is a multi authorization cryptocurrency wallet management solution.
Key facts about Ledger
3. Polygon
Developer of scalable blockchain interoperability protocols. It offers a suite of solutions, including cross-chain protocols and zero-knowledge (ZK) rollups, designed to enhance the scalability and security of blockchain networks. These protocols enable seamless asset transfer and interaction across different blockchains, improving the overall user experience. The company also provides developer tools and resources to support the creation of decentralized applications (dApps) on its platform. It fosters a vibrant developer community and offers grant programs to encourage innovation within the ecosystem.
Key facts about Polygon
- Founded Year: 2017
- Location: George Town (Cayman Islands)
- Stage: Series B
- Total Funding till date: $451M
- Investors: Coinbase, Peak XV Partners and 62 Others
- Latest Funding Round: Series B, Feb 02, 2022, $*****
- Tracxn Score: 81/100 What is this?
- Competitors Rank: 1 of 41 Competitors
4. Aptos
Provider of protocols for building blockchain-based solutions. It offers users with a platform focused on building blockchain-based products and applications. It develops network tooling and ensures usability in order to offer the benefits of decentralization to the masses.
Key facts about Aptos
- Founded Year: 2021
- Location: Palo Alto (United States)
- Stage: Series D
- Total Funding till date: $350M
- Investors: Foresight Ventures, YZi Labs and 31 Others
- Latest Funding Round: Series D, Sep 19, 2024, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 1 of 1,962 Competitors
5. Uniswap
Provider of a decentralized exchange platform for cryptocurrency. It offers state-of-the-art open-source apps to access the uni swap protocol. It empowers developers, liquidity providers, and traders to participate in a financial marketplace. It offers a protocol for creating liquidity and trading ERC-20 tokens on Ethereum.
Key facts about Uniswap
- Founded Year: 2018
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $176M
- Investors: Polychain, Andreessen Horowitz and 50 Others
- Latest Funding Round: Series B, Oct 13, 2022, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 2 of 398 Competitors
