Big or small, each crypto company has made its impact on the industry. What’s incredible about crypto is that a company does not have to employ thousands of employees to be successful. All it needs is a great idea and a good execution. Such prominent thinking launched many successful crypto companies, making them industry leaders with innovative ideas, and early adopters. Early bird gets the crypto worm, and each company aims to be up before sunrise! Since competition is fierce, only a few can stay at the top!
1. Coinbase
Coinbase market cap value exceeds $40 billion. It’s hard to compete against something of that size for a good reason. Coinbase is one of the largest crypto exchanges in the world, but its dominant field is in the US. This makes sense as its founder, Brian Armstrong, saw the future in 2012 and capitalized early on its trends. Such innovative foresight is common with US entrepreneurs, and Coinbases home base remains in San Francisco, from which they continue to offer the best crypto trading experience the market has to offer.
Crypto trading as a unique field has plenty of advantages, compared to traditional means. One of the most prominent benefits, and how crypto made a name for itself, is its anonymity. By tapping into the innate benefit of crypto blockchain that protects users’ data, Coinbase offers all crypto trading partners unmatched user privacy. This built-in anonymity of crypto has spilled over from crypto trading to other aspects and industries. Because crypto respects user privacy, no KYC sites also utilize it for their benefit and operation. No KYC sites offer exchanging crypto or use it for their services, without the hassle of verifying the user’s identity or requesting their data.
Crypto writer Michael Graw explores such secure no KYC verification sites and showcases their worldwide popularity because they enable users to gamble without verifying their identity. In a way, users can still exchange their crypto assets for services and games while tapping into the features crypto blockchain offers. Coinbase is built on that innate privacy and continues to give top-notch services to all crypto traders. The sheer trading volume of the platform shows how much crypto traders value their privacy.
2. Ripple
With over $11 billion in value, Ripple goes to show how much potential lies in crypto payment protocol and network. Ripple has recognized early that crypto has worldwide potential. Since cryptos blockchain is decentralized by nature, it’s not subject to any authority or regulatory body. Unlike traditional means which must go through central or governing banks, multiple data points and government agencies, crypto transactions flow unobstructed. Ripple has thus made a name for itself by specializing in cross-border crypto payments, offering its users unobstructed trading and financial flow.
Ripple has proven that playing alongside crypto strengths can lead to substantial benefits, which are reflected in the company’s current value. As ordinary financial means must go through the aforementioned digital routes, they become vulnerable. Some of the largest cyber attacks in history were possible due to the innate weakness of our traditional digital communication. But Ripple aims to change it all by creating a secure and foolproof trading market and protocol, utilizing the encrypted benefits of crypto’s blockchain data.
3. Riot Platforms
Riot’s market cap is nearing $3 billion and for a good reason. To start, or even to break into the crypto mining industry, an individual would need extremely high investment, time and expertise. Setting up mining rigs, tending to them and providing the start-up capital can be too much for many, but that’s where Riot Platforms has made a name for themselves. As a bitcoin mining company, they recognized the market segment for potential bitcoin miners and have thus provided a necessary infrastructure so that even individuals can begin their crypto journey. Riot Platforms hosts and maintains a series of highly specialized cryptocurrency mining rigs.
By investing in companies that produce highly operative and specifically built mining machines, like Tess and Verady, Riot can outsource their mining capabilities to third parties. Individuals or groups who wish to participate in crypto mining can thus rent this capacity for their individual needs. Riot is the one who pays the large electric bills, server farm maintenance and other associated costs, while individuals pay for the mining potential of crypto mining rigs. The various combinations of crypto mining, data center hosting and logistics are what all make for the company’s success.
4. Chainalysis
Information is power. Knowing when and into what to invest can make all the difference between success and failure. Chainalysis recognizes that the overwhelming pace of crypto development can confuse industry veterans, let alone newcomers and has thus positioned itself as a compliance and industry advisor. With a company value of over $8.5 billion, it is safe to say that their business model is successful, as they aggregate, comply, process and interpret complex data while monitoring cryptocurrency transactions worldwide.
Whether it’s industry potential, investment advice, security assurance or other investigative actions that rely on processing petabytes of data, Chainalysis aims to offer a simple answer for its users. We all wish to stay ahead of the curve and invest in the best options, thus solidifying and deepening our portfolio. With the right info delivered at the right time, anything is possible, and as data analysis continues to evolve, we’ll be able to predict and make more accurate moves in the crypto market.
5. Ledger
Ledger’s overall value is a bit over $1 billion, making it a small contender among listed giants, but its service is vital to the overall success of the crypto industry. Safety first, and Ledger aims to provide the hardware for e-wallets crypto security. Your crypto portfolio is only as secure as the wallets it’s in, and Ledger is there to provide the best security service to ensure its users can be at ease.
Managing your digital assets is possible with the unique offline options that Ledger provides, and they are successfully satisfying the security needs of their customers. As each crypto rises in its value, the threat of malicious attacks rises. By extension, so does the need for safety, and the companies that recognize the need to stay ahead of potential attackers, like Ledger, are the ones we’ll keep hearing about.