Like every year, the famous Forbes magazine published the Forbes Fintech 50 2019 list, which, among the most important players in the industry, also includes 6 crypto-friendly companies based on blockchain technology.
Axoni is a New York-based company and a partner of major banks and financial intermediaries. It relies on the global derivatives market and uses blockchain-based smart contracts to improve its back office, allowing counterparties to view payments, calculations and all business information in real time and in a transparent manner.
Dutch blockchain company Bitfury, starting out as a provider of bitcoin mining hardware, then opened its operations in the US designing software to support security and to investigate bitcoin-related illegal activities.
Boston-based Circle is the financial giant that, with the purchase of the Poloniex crypto exchange, has immersed itself in the crypto world, and today offers crypto trading, investment and liquidity services.
Not only that, as it is already known, the company has decided to collaborate with the next giant on the list, Coinbase, for the launch of the USD Coin (USDC) stablecoin, anchored to the US dollar and based on the Ethereum blockchain.
The fourth company on the list is precisely Coinbase, which was born as a bitcoin wallet and now has become a real exchange platform for professional crypto operators, offering trading and consulting services.
Then there is the famous Gemini crypto exchange, founded by the twin brothers Tyler and Cameron Winklevoss, which received a license as a trust company in New York making it operational to the point of expanding its business to 49 states. At this time, it is being examined by the SEC for the issuance of bitcoin ETFs.
Finally, and not for importance, there’s Ripple, the famous company that supports the XRP crypto, second only to bitcoin in terms of market capitalisation.
Ripple has made a lot of headlines for its personal goal of competing with the bank payment giant SWIFT, the company par excellence that offers a service of cross-border payments created for banks.