List of bitcoin companies

Last updated March 18, 2024

This is a list of for-profit companies with notable commercial activities related to bitcoin. Common services are cryptocurrency wallet providers, bitcoin exchanges, payment service providers ^{[lower-alpha 1]} and venture capital. Other services include mining pools, cloud mining, peer-to-peer lending, exchange-traded funds, over-the-counter trading, gambling, micropayments, affiliates and prediction markets.

Company	Founded	Headquarters		Service	Notes	Refs
Company	Founded	Country	City	Service	Notes	Refs
Binance	2017	Japan	Tokyo	bitcoin exchange, wallet provider		^[1]
Bitcoin.com	2010	Japan	Tokyo	bitcoin exchange, wallet provider		^{[ citation needed ]}
Bitfinex	2012	Hong Kong		bitcoin exchange, digital currency exchange, electronic trading platform		^{[ citation needed ]}
BitGo	2013	United States	San Francisco	multisignature security platform for bitcoin		^{[ citation needed ]}
BitMain	2013	China	Beijing	ASIC based bitcoin miners		^{[ citation needed ]}
BitMEX	2014	Seychelles		cryptocurrency derivatives trading platform		^{[ citation needed ]}
BitPay	2011	United States	Atlanta	payment service provider		^{[ citation needed ]}
Bitstamp	2011	Luxembourg		bitcoin exchange		^{[ citation needed ]}
Bitwala	2015	Germany	Berlin	bitcoin debit card, international transfers, bitcoin wallet		^[2]
Blockchain.com	2011	Luxembourg		wallet provider		^{[ citation needed ]}
Blockstream	2014	United States	San Francisco	software		^{[ citation needed ]}
BTC-e	2011	Russia		bitcoin exchange	Shut down by the United States government in July 2017	^{[ citation needed ]}
Bundle Africa	2019	Nigeria	Nigeria	Cryptocurrency exchange, cryptocurrencies		^[3]
Canaan Creative	2013	China	Beijing	ASIC based bitcoin miners		^{[ citation needed ]}
Circle	2013	United States	Boston	wallet provider		^{[ citation needed ]}
Coinbase	2012	United States	No headquarters ^[4]^{[lower-alpha 2]}	wallet provider, bitcoin exchange		^{[ citation needed ]}
Coincheck	2014	Japan	Tokyo	bitcoin/ether exchange, wallet provider, payment service provider, donation-based bitcoin crowdfunding		^{[ citation needed ]}
CoinDesk (part of Digital Currency Group)	2013	United States	New York City	news		^{[ citation needed ]}
Crypto.com	2013	Singapore	Singapore	crypto exchange		^{[ citation needed ]}
Digital Asset Holdings	2014	United States	New York City	blockchain financial services		^{[ citation needed ]}
Gemini	2015	United States	New York City	bitcoin and ethereum exchange		^{[ citation needed ]}
Genesis (part of Digital Currency Group)	2013	United States	Stamford, Connecticut (previously New York City)	cryptocurrency trading, lending, and asset custody platform, targeted towards institutional clients and high net worth individuals	Declared bankruptcy in 2023.^[5]
FTX	2019	Bahamas	Nassau	cryptocurrency exchange	Incorporated in Antigua and Barbuda. Declared bankruptcy in 2022.
Ghash.io (CEX.IO)	2013	United Kingdom	London	mining pool (CEX.IO was an exchange)	Closed in October 2016	^{[ citation needed ]}
Huobi	2013	Singapore		bitcoin exchange		^{[ citation needed ]}
Kraken	2011	United States	San Francisco	bitcoin exchange		^{[ citation needed ]}
LocalBitcoins	2012	Finland	Helsinki	over-the-counter trading		^{[ citation needed ]}
OKEx	2014	China	Beijing	bitcoin exchange		^{[ citation needed ]}
Paxos	2012	United States	New York City	cryptocurrency exchange, brokerage, stablecoin		^{[ citation needed ]}
ShapeShift	2013	Switzerland		digital currency exchange		^{[ citation needed ]}
Upbit	2017	South Korea		cryptocurrency exchange		^{[ citation needed ]}
Xapo	2014	Switzerland	Zürich	wallet provider, bitcoin exchange, vault, debit card		^{[ citation needed ]}

Former/defunct companies

Notes

↑ also known as bitcoin payment processors
↑ Coinbase's legal address is at the Corporation Trust Center in Wilmington, Delaware

Related Research Articles

A cryptocurrency exchange, or a digital currency exchange (DCE), is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies. Exchanges may accept credit card payments, wire transfers or other forms of payment in exchange for digital currencies or cryptocurrencies. A cryptocurrency exchange can be a market maker that typically takes the bid–ask spreads as a transaction commission for its service or, as a matching platform, simply charges fees.

<span class="mw-page-title-main">Bitcoin</span> Decentralized digital currency

Bitcoin is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Consensus between nodes is achieved using a computationally intensive process based on proof of work, called mining, that requires increasing quantities of electricity and guarantees the security of the bitcoin blockchain.

<span class="mw-page-title-main">Cryptocurrency</span> Digital currency not reliant on a central authority

A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.

Ripple is a real-time gross settlement system, currency exchange and remittance network that is open to financial institutions worldwide and was created by Ripple Labs Inc., a US-based technology company. Released in 2012, Ripple is built upon a distributed open source protocol, and supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value such as frequent flier miles or mobile minutes. Ripple purports to enable "secure, instantly and nearly free global financial transactions of any size with no chargebacks". The ledger employs the native cryptocurrency known as XRP.

Coinbase Global, Inc., branded Coinbase, is an American publicly traded company that operates a cryptocurrency exchange platform. Coinbase is a distributed company; all employees operate via remote work. It is the largest cryptocurrency exchange in the United States in terms of trading volume. The company was founded in 2012 by Brian Armstrong and Fred Ehrsam. In May 2020, Coinbase announced it would shut its San Francisco, California, headquarters and change operations to remote-first, part of a wave of several major tech companies closing headquarters in San Francisco in the wake of the COVID-19 pandemic.

LocalBitcoins was a peer-to-peer bitcoin exchange platform based in Helsinki, Finland.

Bitcoin is a cryptocurrency, a digital asset that uses cryptography to control its creation and management rather than relying on central authorities. Originally designed as a medium of exchange, Bitcoin is now primarily regarded as a store of value. The history of bitcoin started with its invention and implementation by Satoshi Nakamoto, who integrated many existing ideas from the cryptography community. Over the course of bitcoin's history, it has undergone rapid growth to become a significant store of value both on- and offline. From the mid-2010s, some businesses began accepting bitcoin in addition to traditional currencies.

Circle is a peer-to-peer payments technology company that now manages stablecoin USDC, a cryptocurrency the value of which is pegged to the U.S. dollar. It was founded by Jeremy Allaire and Sean Neville in October 2013. Circle is headquartered in Boston, Massachusetts. USDC, the second largest stablecoin worldwide, is designed to hold at or near a stable price of $1. The majority of its stablecoin collateral is held in short-term U.S. government securities.

Monero is a cryptocurrency which uses a blockchain with privacy-enhancing technologies to obfuscate transactions to achieve anonymity and fungibility. Observers cannot decipher addresses trading Monero, transaction amounts, address balances, or transaction histories.

Kraken is a United States–based cryptocurrency exchange, founded in 2011. It was one of the first bitcoin exchanges to be listed on Bloomberg Terminal and was valued at US$10.8 billion in mid-2022. The company has been the subject of several regulatory investigations since 2018, and has agreed to cumulative fines of over $30 million.

Gemini Trust Company, LLC (Gemini) is an American cryptocurrency exchange and custodian bank. It was founded in 2014 by Cameron and Tyler Winklevoss.

Digital Currency Group (DCG) is a venture capital company focusing on the digital currency market. It is located in Stamford, Connecticut. The company has the subsidiaries Foundry, Genesis, Grayscale Investments, and Luno. It also formerly owned CoinDesk.

Bitfinex is a cryptocurrency exchange owned and operated by iFinex Inc, and is registered in the British Virgin Islands. Bitfinex was founded in 2012. It was originally a peer-to-peer Bitcoin exchange, and later added support for other cryptocurrencies.

Bitcoin was designed by its pseudonymous inventor, Satoshi Nakamoto, to work as a currency, but its status as a currency is disputed. Economists define money as a store of value, a medium of exchange and a unit of account, and agree that bitcoin does not currently meet all these criteria.

Bitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Bitcoin Cash is a spin-off or altcoin that was created in 2017.

A cryptocurrency bubble is a phenomenon where the market increasingly considers the going price of cryptocurrency assets to be inflated against their hypothetical value. The history of cryptocurrency has been marked by several speculative bubbles.

Binance Holdings Ltd., branded Binance, is a global company that operates the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software. Binance was initially based in China, then moved to Japan shortly before the Chinese government restricted cryptocurrency companies. Binance subsequently left Japan for Malta and currently has no official company headquarters.

Brian Armstrong is an American business executive, billionaire, and investor who is CEO of cryptocurrency platform Coinbase. He received media attention for his policy of keeping the workplace free of political activism.

Decentralized finance offers financial instruments without relying on intermediaries such as brokerages, exchanges, or banks by using smart contracts on a blockchain, mainly Ethereum. DeFi platforms allow people to lend or borrow funds from others, speculate on price movements on assets using derivatives, trade cryptocurrencies, insure against risks, and earn interest in savings-like accounts. DeFi uses a layered architecture and highly composable building blocks. Some applications promote high-interest rates but are subject to high risk. Coding errors and hacks have been common in DeFi.

Frederick "Fred" Ernest Ehrsam III is an American business executive and investor who is the co-founder and former managing partner of cryptocurrency investment firm Paradigm. He is also the co-founder of cryptocurrency exchange Coinbase.

References

↑ Xiao, Eva (30 November 2017). "Three months after launch, this unbanked crypto exchange made $7.5m in profit". Tech in Asia .
↑ "Bitwala - Blockchain banking is on its way". Bitwala. Retrieved 5 September 2018.
↑ "Introducing Bundle, an Africa-focused Social Payments App for Cash and Crypto". Binance Blog. Retrieved 2022-04-28.
↑ "Coinbase aims to support inclusion with a remote-first workforce". HR Dive. March 17, 2021. Archived from the original on April 15, 2021. Retrieved March 26, 2021.
↑ "Crypto Firm Genesis Is Preparing to File for Bankruptcy". bloomberg.com. bloomberg.com. 19 January 2023. Retrieved 19 January 2023.

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[paymentService-1] so known as bitcoin payment processors

[6] Coinbase's legal address is at the Corporation Trust Center in Wilmington, Delaware

[2] Xiao, Eva (30 November 2017). "Three months after launch, this unbanked crypto exchange made $7.5m in profit". Tech in Asia .

[3] "Bitwala - Blockchain banking is on its way". Bitwala. Retrieved 5 September 2018.

[4] "Introducing Bundle, an Africa-focused Social Payments App for Cash and Crypto". Binance Blog. Retrieved 2022-04-28.

[5] "Coinbase aims to support inclusion with a remote-first workforce". HR Dive. March 17, 2021. Archived from the original on April 15, 2021. Retrieved March 26, 2021.

[7] "Crypto Firm Genesis Is Preparing to File for Bankruptcy". bloomberg.com. bloomberg.com. 19 January 2023. Retrieved 19 January 2023.

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