UPDATED BY
Jessica Powers | Jul 18, 2022

The blockchain industry is booming. And it’s only getting bigger: The blockchain market size is expected to reach $67.4 billion by 2026. This is due in part to increased investment in the technology, extensive use of blockchain solutions in banking and cybersecurity, as well as high adoption of blockchain solutions for payment, smart contracts and digital identities. 

And more than 90 percent of European and U.S. banks are researching blockchain options. The technology can revolutionize government, finance, insurance and personal identity security, among hundreds of other fields.

We’ve rounded up 50 interesting examples of companies using blockchain. While some can be categorized as fundamentally blockchain companies, others are familiar names embracing the new technology.

Top Blockchain Companies

  • Coinme
  • Chainanalysis
  • Coinbase
  • Spring Labs
  • BlockFi
  • Circle
  • IBM
  • ConsenSys
  • MoonPay

 

Blockchain Companies to Know 

Location: Fully Remote

Mojito helps companies expand into the realm of NFTs, serving as a platform where businesses can craft NFT marketplaces for customers to use cryptocurrency as payment for merchandise and events. Mojito also makes it easier for companies to establish a presence within the NFT market by guiding them on all their go to market needs.

 

Location: Seattle, Washington

TaxBit was designed by CPAs and software developers in 2018. The platform aims to unify digital assets and cryptocurrency with taxes and accounting to ensure compliance. TaxBit operates across industries and services individuals, enterprises and governments. The company’s platform can easily integrate with any native platform, allowing for instant automation and optimization.

 

Location: Fully Remote 

ConsenSys is changing  the world of financial transactions by embracing decentralized finance solutions. The company has developed an expertise in Ethereum software, offering products like Quorum, Infura and Codefi. ConsenSys uses an advanced blockchain suite to equip financial institutions with the ability to conduct fast and secure digital transactions.

 

Location: Jersey City, New Jersey 

Founded in 2017, BlockFi is a fintech company using cryptocurrencies and blockchain payment rails to create a crypto  management platform. BlockFi provides crypto-backed loans, interest-bearing accounts to store crypto assets and the world’s first crypto rewards credit card. The company’s platform also serves as a crypto wallet and trading account.

 

Location: Fully Remote

Bitfury was founded in 2011 and has since grown into a global blockchain company. It offers a variety of infrastructure products that help users keep their digital assets safe. Bitfury’s Exonum and Crystal software solutions both offer platforms that financial institutions, governments and businesses can use to secure compliance and document safety, as well as cryptocurrency transaction analysis and monitoring. Some popular use cases of Bitfury’s solutions include e-auctions, queue management and fraud prevention.

 

Location: Fully Remote

Blockdaemon is an independent blockchain infrastructure platform that allows users to make transactions, stake and earn cryptocurrency via nodes and within one interface. The company’s platform is used by blockchain networks like ETH 2.0, Bitcoin, Solana and Terra. In 2021, the company secured $155 million in funding.

 

Location: Detroit, Michigan, and Miami, Florida

RECUR streamlines NFT transactions for both buyers and sellers. The company also designs and develops branded experiences for fans to buy, collect, and re-sell NFTs inspired by film, TV, sports and pop culture. Its mission is to keep dedicated collectors at the forefront of the NFT market.

 

Location: New York, New York

Chainalysis works to improve trust across the blockchain ecosystem by providing banks, government agencies and others with services, software and data crucial to blockchain acceptance. The company’s investigation and compliance software helps institutions identify and disallow hacked and stolen funds and has been instrumental in solving many of the world’s most high-profile cybercriminal cases, making blockchain access safer and more accessible.

 

Location: San Francisco, California

Coinbase is a digital portfolio that lets users buy and sell cryptocurrency. The company’s technology makes buying and managing cryptos easy with features like recurring buys and vault protection. Since 2012, Coinbase has seen over $300 billion exchanged by more than 98 million people.

 

Location: Fully Remote

Unstoppable Domains streamlines crypto transfers by providing a platform where users can buy NFT domain names.

These domains function as a user’s cryptocurrency address and universal username. Users can send cryptocurrency to a recipient’s NFT domain, plus a domain only has to be bought once and can be used continuously.

 

Location: Seattle, Washington

Coinme has set out to break down barriers by teaming with Coinstar to form a nationwide network of Bitcoin kiosks that accept cash investments and allow users to store investments via the Coinme app — making it easier for people to improve their financial lives and begin investing in Bitcoin and other cryptocurrencies.

 

Location: New York, New York

Founded in 2013 by a team of distributed systems and capital markets experts, Axoni specializes in multi-party workflows and infrastructure. Axoni offers ledger technology deployments, bespoke smart contract development as well as analytics and automation tools. The company uses blockchain by implementing standardized data formats to represent trades and reference information as well as employing and contributing to open frameworks wherever possible.

 

Location: New York, New York

Paxful operates a peer-to-peer cryptocurrency marketplace that allows users to buy and sell various forums of cryptocurrency through more than 350 payment methods. Featuring capabilities like bank transfers, online wallets, cash payments, debit and credit card access, digital currency trading as well as trading for Amazon wishlist items, cars and appliances. Paxful also makes it more convenient for users across the globe to invest in Bitcoin and other forms of crypto.

 

Location: Armonk, New York

Founded in 1911, IBM is a cloud platform and cognitive solutions company — it’s also the largest company in the world embracing blockchain. IBM has helped more than 220 businesses develop applications and data governance tools that run on blockchain. 

 

Location: New York, New York

Republic is a blockchain-powered investment platform that allows users to easily and securely invest in startups, real estate, crypto and video games. Republic users have access to a vetted pool of investment options — the company is selective about the startups it lists for investments, with only 3 percent of applications being accepted.

 

Location: Marina Del Rey, California

Spring Labs enables faster and more secure information transferring between businesses by making use of blockchain’s power of transparency and real-time data ledger technology. The platform enables businesses to verify identities and reduce fraud by prioritizing the inherent safety that comes from blockchain capabilities, reducing costs, protecting consumer data and making it easier to approve credit transactions quickly.

 

Location: New York, New York

Galaxy Digital is a fintech and investment management firm that offers institutions and clients a variety of solutions across the digital assets industry. The company provides features like investment banking, asset management, trading, principal investment, mining and prime brokerage.

 

Location: Denver, Colorado

SALT’s platform allows users to leverage their cryptocurrency for cash loans. Borrowers can lock into cash loans, from one to 36 months, by leveraging cryptos like Bitcoin, Ether and Dogecoin. The company’s platform is available in a majority of US states and multiple countries, and loans start at $5,000.

 

Location: Sherman Oaks, California and Seattle, Washington

Mythical Games is a studio creating games and online experiences that feature true ownership of digital assets. The creation of a secondary digital economy, based on a blockchain, helps to verify scarcity and create a clean record of ownership over unique digital items. Mythical Games’ first blockchain-based game, Blankos, was released in December 2020. Players can compete in races and shooting minigames as well as earn and buy playable NFTs.

More on Blockchain GamesPlay-to-Earn Games Let Users... Play to Earn

 

Location: San Francisco, California

Anchorage Digital is a full-service financial platform that helps investors safely use crypto. Founded in 2017, the fintech company allows businesses to streamline investments through blockchain by offering modern security engineering for secure crypto custody, trading, staking and governance. Some of the company’s top clients include Blockchain Capital, BlockTower, Polychain, and Paradigm.

 

Location: Menlo Park, California

Robinhood is a stock brokerage app that lets users buy and sell stocks, ETFs and cryptocurrency. The fintech giant entered the blockchain realm by letting customers invest in everything from Bitcoin to Litecoin. With more than $500 million in funding, Robinhood is one of the major financial players currently embracing blockchain.

 

Location: San Francisco, California and New York, New York

Lemonade combines artificial intelligence and blockchain to help users receive renters and homeowners insurance at reasonable rates. The company uses AI to create the optimal flat-fee rate for an insurance-seeker, then its blockchain-based smart contracts help to lock a user into a payment agreement. By using blockchain, Lemonade is able to approve insurance claims and payouts within minutes, rather than days.

 

Location: Boston, Massachusetts

Circle is an online money transfer and cryptocurrency investment platform. Without exchange rate fees, friends can transfer money in different currencies with a simple text. The Boston-based company also offers investment opportunities in seven different industries, ranging from NFT platforms to crypto gaming and institutional traders.

  

Location: Boston, Massachusetts

Algorand makes digital transactions a common convenience by allowing companies to complete smart contracts with simple code while securing their blockchains with trustless technology. The company offers a pure proof-of-stake foundational blockchain. This goes beyond the traditional requirement of an open, public network by enabling a set of high performing Layer-1 blockchains that provide security, scalability, complete transaction finality built in privacy, Co-Chains and advanced smart contracts that are essential to the digital asset ecosystem. 

 

Location: New York, New York 

Paxos is a regulated blockchain infrastructure platform that helps users move their assets between both physical and digital form. Founded in 2012, Paxos provides products for crypto brokerage as well as settlement services for securities and commodities.

 

Location: San Francisco, California

Ripple is a payment network using blockchain to transfer money all over the globe. International financial institutions like American Express, BBVA and BMO use Ripple’s platform to process and send payments on its secure blockchain network.

 

Location: Bethesda, Maryland

Defense giant Lockheed Martin integrates blockchain into its developmental processes. The company is using blockchain in cybersecurity methods while also looking into software utilization. Lockheed Martin is now the first U.S. defense contractor — and one of the largest companies in the world —to embrace blockchain.

 

Location: San Francisco, California 

Nium is a payments platform aiming to make asset movement seamless by being a universal plug for financial services. Nium provides financial infrastructure for individuals, digital banks and or traditional industry banks. The company's key solutions include pay-ins and pay-outs, card issuance as well as banking-as-a-service and crypto-as-a-service.

 

Location: Detroit, Michigan 

American automaker Ford is teaming up with Renault, BMW and General Motors to form a coalition dedicated to blockchain technology in the automotive space. Ford has been known to use blockchain initiatives to track whether or not environmental or human rights violations have occurred in the refineries and mines where EV battery supplies are sourced as well as to research  a blockchain system where drivers can transfer other drivers cryptocurrency to maneuver around them.

 

Location: New York, New York

TQ Tezos works across industries to discover, design and implement innovative blockchain opportunities for both private and open-source environments. The company works with Tezos ecosystem partners across the world to build products, design software and incubate new products, all in the name of pushing blockchain to reach its full potential.

 

Location: Chicago, Illinois 

BRD provides a cutting-edge platform for iOS and Android devices that allows users to purchase, transfer and manage cryptocurrency easily and  conveniently. The decentralized app is versatile enough for beginners to navigate while providing experts with all the power they need to execute transactions and securely access their Bitcoin wallets at any given time.

Location: New York, New York

NYDIG is a fintech firm offering Bitcoin solutions for institutions, private clients and banks. The firm offers asset management, derivatives, financing, custody, and execution services. As a subsidiary of Stone Ridge, NYDIG combines regulatory governance and audit standards with technology to make Bitcoin globally accessible.

 

Location: New York, New York

The Bitcoin Mercantile Exchange, also known as BitMEX, is a cryptocurrency derivatives trading platform, currently hosting exchanges executed by more than half a million customers. The company’s platform was launched in 2014 by ex-bankers with backgrounds in computer science, financial engineering and traditional finance and utilizes the same technology found at the top trading firms.

 

Location: Canoga Park, California

Netki is an identity verification software striving to make using cryptocurrencies safe for businesses. The software creates a unique digital currency ID and wallet that enable businesses to execute fully compliant blockchain transactions without second guessing legitimacy, leading to an all-around safer crypto ecosystem.

 

Location: New York, New York

Like SALT, Celsius Network also allows users to leverage their crypto for cash loans. Instead of relying on traditional credit scores to determine interest rates, the company’s loan-to-value ratio reviews how much collateral a customer can offer and bases interest rates off of that number. As of May 2022, Celsius Network has done over $11.8 billion in coin loans and has served over 130,000 users.

Read NextHow Using Blockchain in Healthcare Is Reviving the Industry’s Capabilities

 

Location: Brea, California

Nisum is a global digital commerce firm offering services ranging from digital strategy and transformation to insights and analytics as well as blockchain and custom software development. Nisum products aim to solve client problems like modernizing and building cloud infrastructure. Founded in 2000, the company has grown to over 1,700 employees and reaches locations such as the United States, Chile, Colombia, India, Australia and Pakistan. 

 

Location: Chicago, Illinois

Bloq develops global blockchain ecosystems that improve business infrastructures. The software management system supports both public and private networks, while protecting even the most sensitive data from breaches.

 

Location: Palo Alto, California

Doc.ai combines blockchain and machine learning for predictive analytics and personal health insights. The doc.ai platform combines all of a patient’s medical data from every single medical source — pharmacies, doctors visits, emergency room stays — under one secure app. The app lets patients manage all their medical data, get predictive insights about their risk for illness or disease and even compensates them for sharing their data for medical research.

 

Location: Fully Remote

MoonPay is a fintech company offering payment solutions for the crypto marketplace. MoonPay’s on-and-off-ramp suite of products allow for a seamless experience when converting between fiat currencies and cryptocurrencies. Its platform supports methods like debit and credit card, local bank transfers, Apple Pay, Google Pay and Samsung Pay.

 

Location: San Francisco, California

TrustToken lets users create asset-backed tokens that can easily be bought and sold. The company’s blockchain infrastructure allows an asset to issue its own coin. For example, TrustToken permits everything from rental properties to commodities to release their own coin, resulting in fractional control and ownership over the asset.

 

Location: Berkeley, California

Oasis Labs is a privacy-first, cloud computing platform running on blockchain. Oasis creates smart contracts that allow for total privacy without any corruption. The company’s cloud computing offers a diversity of options in decentralized trust and privacy protection products.

 

Location: San Francisco, California

Chronicled leverages blockchain-enabled IoT devices to make for a more transparent supply chain. The decentralized Chronicled ecosystem helps industries like pharmaceutical, commodities and precious metals track-and-trace every move their shipment takes. This way, industry officials can monitor where shipments travel and who is handling them in order to cut down on counterfeiting and boost safety precautions.

 

Location: San Francisco, California

High Fidelity created an open-source platform for developing virtual environments on blockchain. The virtual worlds are designed to be a social and interactive VR experience that can host more than 100 people at once. VR users on the High Fidelity platform can hang out with other users in different virtual worlds, purchase accessories for their avatars and even attend events like a live DJ set. 

 

Location: Berkeley, California

Ankr Network is a cloud-based blockchain infrastructure for business applications. Ankr leverages both blockchain and hardware for cloud and data security purposes. The company has a plan to develop Proof of Useful Work , a self-sustaining blockchain framework that unlocks the potential of idle computers. People all over the world can be compensated by performing tasks with their idle computers, which the company says can lead to a universal basic income.  

RelatedTop Cryptocurrency Companies to Know

 

Location: Boston, Massachusetts

Voatz is a mobile voting platform running on blockchain. A Techstars Boston 2017 cohort, Voatz makes election participation easier and more accessible by enabling voting via smartphone, while also thwarting election security risks by combining biometrics and blockchain for incorruptible, transparent election outcomes.

 

Location: Austin, Texas

Steem is a blockchain-based rewards platform for social media publishers looking to monetize content and grow their communities. The company’s Smart Media Token can be launched by anyone to help monetize digital content and incentivize behavior. According to its website, Steem has given out more than $59 million in SMT to social media producers.

 

Location: Chicago, Illinois 

Omega Grid’s blockchain technology lets energy companies, as well as individuals, manage peer-to-peer energy sales. Founded in 2017, the company is using blockchain to turn energy into a managed, profitable asset.

 

Location: San Francisco, California 

Filecoin incentivizes individuals to use the company’s mining software on the unused cloud storage space of personal computers, hard drives and data centers. Because data mining takes up so much storage, the company is giving miners their own Filecoins, which can be traded for U.S. dollars, Bitcoin and Ether. By making cloud storage a commodity, Filecoin is turning blockchain technology into a competitive storage market.

 

Location: New York, New York 

Mediachain is a blockchain-based music platform that registers, identifies and tracks creative works online, ensuring the original information about content is identified. Mediachain also lets creators and developers collaborate in an open-sourced, decentralized space. Music giant Spotify acquired the company for an undisclosed amount in 2017.

 

Location: Los Angeles, California 

ShipChain is a fully integrated supply chain management platform using transparent blockchain contracts. The extensive logistics platform lets supply chain managers efficiently track shipments, incentivize operators for efficient routes and view a fully-transparent shipping process. Anchored in Los Angeles, the blockchain platform has already raised $30 million in funding.

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