Showing 12 Result(s)

Silvergate Company Intelligence

June 7, 2022, 1:58PM EDT • 26 min read Quick Take $2.5bn Market Capitalization as of June 2022 following their Nov-19 initial public offering  La Jolla, California based commercial bank operating since 1988 with expansion into digital assets starting in 2013  Operates the Silvergate Exchange Network (SEN), allowing clients to convert between stablecoins and fiat 24 / 7 / 365 SEN Leverage product provides SEN clients U.S. denominated loans collateralized by Bitcoin holdings Provides digital asset clients with crypto custody …

Ramp Network Company Intelligence

May 30, 2022, 11:12AM EDT • 10 min read Quick Take $53mm Series A in Dec-21 led by Balderton Capital  Non-custodial fiat to digital asset on-ramp solution  +45 Tokens Integrated; +400 partnership integrations; +170 Countries Supported Join The Block Research for exclusive research like this Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the …

Crypto.com Company Intelligence

May 23, 2022, 3:46PM EDT • 41 min read Quick Take Founded in 2016, Crypto.com is a Singapore-based company that provides various crypto-related financial services – key products include the Crypto.com App and the Crypto.com Exchange A key part of Crypto.com’s global branding strategy is engaging with sports fandoms around the world through partnerships, such as securing the naming rights of the Crypto.com Arena and FIFA World Cup Qatar 2022 sponsorship In December 2021, Crypto.com announced its $216 million acquisition …

2TM Group/Mercado Bitcoin Company Intelligence

May 17, 2022, 1:57PM EDT • 24 min read Quick Take Founded in 2013, Mercado Bitcoin is one of the largest crypto exchanges in Latin America – its parent company, 2TM Group, has a diversified crypto company portfolio that provides services beyond Mercado Bitcoin’s trading functions After completing its Undisclosed Series A and +250mm Series B in 2021, 2TM Group has actively deployed capital for strategic acquisitions, product development and business expansion in new regions Join The Block Research for …

Bitmain Company Intelligence

May 9, 2022, 11:40AM EDT • 17 min read Quick Take Founded in 2013, Bitmain is a market-leading cryptocurrency mining hardware manufacturer (ASIC miners) known for its Antminer series  In early 2021, Bitmain resolved a year-long power dispute between the two co-founders – the settlement included Jihan’s resignation, key spin off announcements and investor share compensation related to company adjustments   Starting to focus more on water-cooling technology, Bitmain released a series of hydro-cooling products in 2022: Antminer S19 Pro+ Hyd., …

BVNK Company Intelligence

May 3, 2022, 8:51PM EDT • 9 min read Quick Take Digital asset banking and payments platform offering settlement, exchange, payment and yield solutions Helping crypto native and traditional businesses incorporate cryptocurrencies into corporate treasury and operations  Focus on the middle market firms sitting between retail and multi-billion dollar institutions Join The Block Research for exclusive research like this Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking …

Galaxy Digital Company Intelligence

April 25, 2022, 12:29PM EDT • 28 min read Quick Take Galaxy Digital provides a wide range of digital asset financial services for institutions and direct clients; the company currently has five business lines: asset management, principal investments, trading, investment banking and mining Raising $500 million in convertible debt last December, Galaxy Digital has been using this new capital to fuel growth, especially on the engineering side Galaxy Digital announced its $1.2 billion acquisition of BitGo last May – integration …

OpenSea Company Intelligence

April 18, 2022, 3:52PM EDT • 19 min read Quick Take Founded in 2017, OpenSea is a decentralized peer-to-peer marketplace for NFTs, covering a wide range of digital assets from art, game items to music OpenSea experienced explosive growth in 2021, with transaction volume increasing over 600.0x and $423 million cumulative funding raised in less than twelve months – OpenSea is currently valued at $13.3 billion Improving user experience has been a persisting issue for OpenSea, and the team plans …

Foundry Company Intelligence

April 11, 2022, 11:26AM EDT • 16 min read Quick Take A subsidiary of the Digital Currency Group, Foundry provides various institutional-grade services within the digital asset mining and staking industry Foundry has put in tremendous effort in fostering the North American mining ecosystem, deploying close to $500 million into the North American mining space and managing the Foundry USA pool which currently has the largest market share based on the Bitcoin hash rate Foundry plans to continue building out …

April Research and Analysis Report

April 6, 2022, 12:40PM EDT • 1 min read Join The Block Research for exclusive research like this Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem. Learn More Already a Research Member? Login Here