Industry
Cryptocurrency companies
VCMC tracks 5,429 companies in Cryptocurrency. 461 of them have raised a venture or growth round, $27.98B in total, with a median round of $6.5M; 164 raised since 2024. 447 of the 461 have a VCMC valuation; the median is $41.1M.
5,429
companies tracked
461
venture-backed
8% of those tracked
$27.98B
raised in total
by 447 companies
$6.5M
median round
of 632 rounds with an amount
$41.1M
median valuation
of 447 companies valued
Values cover private companies only; public companies are not included.
By their latest round, most are at Seed (215 of 461).
- Pre-seed 42
- Seed 215
- Series A 102
- Series B 42
- Series C and later 58
- Stage not stated 2
The companies
Cryptocurrency companies
The 50 venture-backed companies below are this page's list; Polymarket has raised the most ($2.82B).
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Polymarket New York, United States | Growth Equity Aug 2026 $1.00B | $21.4B | $18.3B – $26.6B | $23.1B (+8%) | $2.1B | 0% | 342 | growing | A | |
| 2 | Binance Singapore, Singapore | Growth Equity Jun 2025 $2.00B | $22.3B | $11.9B – $34.0B | $22.3B (0%) | $2.3B | 0% | 14,720 | up | B | |
| 3 | Hut 8 Miami, United States | Debt Sep 2026 $1.07B | $2.2B | $1.1B – $3.3B | $1.7B (-22%) | $197M | 0% | 359 | growing | B | |
| 4 | NYDIG New York, United States | Growth Equity Dec 2021 $1.00B | $4.1B | $742M – $7.8B | $4.1B (0%) | $676M | 19% | 196 | up | D | |
| 5 | FTX New Providence, Bahamas | Series C Jan 2022 $400M | $238M | $0 – $238M | $238M (0%) | – | 100% | 63 | shrinking | dead | |
| 6 | Ripple San Francisco, United States | Debt Aug 2026 $275M | $48.2B | $34.8B – $55.8B | $48.5B (+1%) | $4.4B | 0% | 2,258 | growing | A | |
| 7 | Celsius Wilmington, United States | Series B Nov 2021 $750M | $32.5M | $0 – $32.5M | $32.5M (0%) | – | 100% | 118 | flat | dead | |
| 8 | Blockstream Cayman Islands | Debt Oct 2024 $210M | $3.9B | $1.1B – $7.0B | $3.9B (0%) | $779M | 3% | 196 | growing | C | |
| 9 | Anchorage Digital San Francisco, United States | Growth Equity Feb 2026 $100M | $1.2B | $764M – $1.9B | $1.3B (+4%) | $115M | 0% | 748 | growing | B | |
| 10 | Coinmerce Haarlemmermeer, Netherlands | Series E Oct 2021 $270M | $3.0B | $609M – $9.9B | $2.6B (-14%) | $1.1B | 59% | 2,106 | flat | D | |
| 11 | Paxos New York, United States | Series D Apr 2021 $300M | $1.6B | $342M – $3.9B | $1.5B (-9%) | $420M | 31% | 325 | up | D | |
| 12 | Blockchain.com Dallas, United States | Series E Feb 2024 $110M | $9.9B | $4.5B – $11.3B | $9.4B (-4%) | $1.1B | 0% | 1,211 | up | B | |
| 13 | Polygon Cayman Islands | Growth Equity Feb 2022 $450M | $4.1B | $1.4B – $21.9B | $4.0B (-4%) | $2.3B | 81% | 366 | down | D | |
| 14 | BlockFi Jersey City, United States | Series D Mar 2021 $350M | $30.3M | $0 – $30.3M | $30.3M (0%) | – | 100% | 179 | flat | dead | |
| 15 | Paris, France | Growth Equity Jun 2026 $175M | $2.1B | $1.7B – $2.5B | $2.2B (+6%) | $216M | 0% | 70 | up | A | |
| 16 | Vaduz, Liechtenstein | Series C Oct 2022 $181M | $1.1B | $119M – $1.8B | $985M (-11%) | $172M | 7% | 274 | flat | D | |
| 17 | Paris, France | Series B Jan 2024 $50M | $498M | $167M – $867M | $387M (-22%) | $74.1M | 24% | 220 | up | C | |
| 18 | Panama, Panama | Series A May 2026 $50M | $259M | $142M – $514M | $362M (+40%) | $61.9M | 0% | 17 | growing | C | |
| 19 | Deblock Lille, France | Series A Nov 2025 $35M | $275M | $156M – $398M | $248M (-10%) | $60.7M | 60% | 163 | growing | B | |
| 20 | Saint Vincent and the Grenadines | Series A Nov 2021 $30M | $67.2M | $9.52M – $296M | $64.5M (-4%) | $42.0M | 59% | 113 | down | D | |
| 21 | Panama | Seed Jun 2022 $20M | $155M | $8.92M – $296M | $145M (-7%) | $39.6M | 0% | 48 | flat | D | |
| 22 | Euler Finance George Town, Cayman Islands | Growth Equity Jun 2022 $32M | $236M | $24.5M – $474M | $236M (0%) | $42.7M | 0% | 3 | unknown | D | |
| 23 | Germany | Series A Dec 2025 $29M | $256M | $102M – $423M | $278M (+9%) | $42.4M | 0% | 104 | growing | C | |
| 24 | Lithuania | Growth Equity Dec 2025 $29M | $378M | $234M – $596M | $392M (+4%) | $38.4M | 0% | 21 | growing | B | |
| 25 | France | Other Mar 2026 $4.5M | $138M | $54.2M – $226M | $148M (+7%) | $22.6M | 0% | 55 | growing | C | |
| 26 | Japan | Other Apr 2023 $10M | $329M | $32.7M – $378M | $323M (-2%) | $54.4M | 0% | 2,450 | up | D | |
| 27 | United Arab Emirates | Series A Dec 2024 $25M | $264M | $145M – $304M | $264M (0%) | $45.1M | 0% | 52 | growing | B | |
| 28 | Vaduz, Liechtenstein | Series A Jan 2019 $25M | $67.5M | $6.94M – $187M | $63.4M (-6%) | $35.0M | 30% | 10 | flat | D | |
| 29 | Osasco, Brazil | Series A Feb 2022 $21M | $109M | $7.21M – $233M | $99.5M (-8%) | $31.9M | 17% | 105 | flat | D | |
| 30 | Panama, Panama | Series A Apr 2025 $20M | $164M | $44.3M – $250M | $164M (0%) | $28.0M | 0% | 16 | flat | C | |
| 31 | Paris, France | Series B Jan 2022 $17M | $34.2M | $8.14M – $227M | $33.6M (-2%) | $21.3M | 97% | 69 | down | D | |
| 32 | Dover, United States | Series A Nov 2024 $15M | $57.4M | $33.2M – $126M | $33.5M (-42%) | $20.7M | 97% | 9 | shrinking | C | |
| 33 | Panama | Seed Mar 2022 $18M | $47.0M | $6.42M – $195M | $44.1M (-6%) | $37.4M | 59% | 56 | unknown | D | |
| 34 | Panama, Panama | Series A Sep 2021 $18M | $123M | $7.12M – $298M | $112M (-9%) | $42.0M | 13% | 41 | flat | D | |
| 35 | Serravalle, San Marino | Other Mar 2023 $100K | $35.7M | $4.14M – $116M | $31.9M (-11%) | $17.0M | 46% | 17 | flat | D | |
| 36 | Paris, France | Series A Dec 2024 $10M | $112M | $28.3M – $164M | $108M (-4%) | $18.2M | 8% | 20 | flat | C | |
| 37 | Berlin, Germany | Series A Jul 2019 $15M | $31.0M | $4.66M – $112M | $30.0M (-3%) | $20.3M | 54% | 29 | flat | D | |
| 38 | Panama, Panama | Seed Sep 2022 $11M | $0.50M | $0 – $0.50M | $0.50M (0%) | – | 100% | 6 | unknown | dead | |
| 39 | Bengaluru, India | Other Sep 2024 $4.0M | $15.1M | $7.83M – $30.7M | $11.5M (-24%) | $13.6M | 97% | 21 | shrinking | C | |
| 40 | Paris, France | Series A Feb 2023 $7.4M | $20.6M | $4.49M – $66.9M | $15.9M (-23%) | $9.14M | 59% | 14 | flat | D | |
| 41 | Douala, Cameroon | Series A Nov 2022 $8.0M | $45.0M | $4.41M – $79.6M | $38.9M (-14%) | $10.4M | 16% | 82 | flat | D | |
| 42 | Seychelles | Seed Sep 2024 $10M | $356M | $102M – $442M | $333M (-6%) | $87.2M | 15% | 72 | up | C | |
| 43 | Gibraltar, Gibraltar | Other Mar 2021 $5.0M | $0.29M | $0 – $0.29M | $0.29M (0%) | – | 100% | 3 | unknown | dead | |
| 44 | Manama, Bahrain | Acquisition Dec 2025 $240M | $57.0M acquired 2025 | $6.30M – $120M | – | – | 22% | 56 | up | D | |
| 45 | Bengaluru, India | Series A Feb 2022 $6.5M | $70.1M | $5.01M – $99.5M | $68.5M (-2%) | $11.8M | 0% | 159 | up | D | |
| 46 | Poland | Seed Jan 2026 $6.0M | $39.1M | $21.8M – $60.3M | $37.3M (-5%) | $12.1M | 54% | 16 | growing | B | |
| 47 | Finland | Seed Jan 2024 $6.1M | $0.25M | $0 – $0.25M | $0.25M (0%) | – | 100% | 4 | unknown | dead | |
| 48 | El Salvador | Series A Jul 2025 $8.0M | $32.4M | $19.8M – $56.6M | $19.8M (-39%) | $10.4M | 97% | 15 | shrinking | B | |
| 49 | Mata Redonda, Costa Rica | Series A Jul 2022 $7.6M | $17.6M | $1.59M – $57.3M | $16.5M (-6%) | $7.09M | 30% | 2 | unknown | D | |
| 50 | Paris, France | Seed Nov 2024 $7.4M | $90.3M | $31.1M – $137M | $90.3M (0%) | $17.7M | 0% | 14 | growing | C |
Showing 50 of 5,429. Load more lists every other company here, 50 at a time.
Valuations
How these companies are valued
447 of the 461 venture-backed companies here have a VCMC valuation; the median is $41.1M. A company acquired after its last round keeps its last value as a private company and is left out of the median. 88 companies have disclosed a valuation; for the rest VCMC's valuation is the only number. Each valuation comes with a range, from a low to a high scenario, and a prediction for a year from now. Values cover private companies only; public companies are not included. How VCMC values companies.
Investors
Who backs them
Firms that backed two or more of these companies. Coinbase Ventures backed 61, Pantera 33.
- Coinbase Ventures 61 companies, led 4
- 33 companies, led 16
- 27 companies, led 16
- 26 companies, led 1
- 24 companies, led 1
- Andreessen Horowitz 23 companies, led 12
- Robot Ventures 23 companies, led 1
- ParaFi Capital 22 companies, led 5
- 21 companies, led 6
- Paradigm 20 companies, led 10
- 20 companies
- 20 companies
Recent rounds
Latest funding
43 rounds from Oct 2025 to Sep 2026, $5.22B with a disclosed amount.
- Polymarket Growth, led by 1789 Capital $1.00B 5 Aug 2026
- Seed, with Prelude Ventures and Lattice $2.5M 27 Jul 2026
- Growth, led by Pantera $53M 24 Jul 2026
- Growth, with Citadel Securities $400M 16 Jul 2026
- Series C, led by Tether $20M 7 Jul 2026
- Series B, led by Index Ventures $75M 22 Jun 2026
- Growth, with Paradigm and Andreessen Horowitz $175M 9 Jun 2026
- Seed, led by Blockchange $8.7M 21 May 2026
- Series A, led by Dragonfly $50M 20 May 2026
- Series A, led by Early Riders $13M 14 May 2026
- Seed, led by Mercury Fund and Notion Capital $17M 6 May 2026
- Series A, led by Bybit $8.0M 20 Apr 2026
Browse
Related groups
Cryptocurrency by city
Cryptocurrency by country
Other industries
Questions
Frequently asked
How many cryptocurrency companies does VCMC track?
5,429. 461 of them have raised a venture or growth round.
How much have cryptocurrency companies raised?
$27.98B in total across the 447 with a known amount; the median round is $6.5M. 164 raised a round since 2024.
Which cryptocurrency companies have raised the most?
Polymarket ($2.82B), Binance ($2.00B), Hut 8 ($1.45B).
Which investors back cryptocurrency companies most often?
Coinbase Ventures (61 companies), Pantera (33 companies), Polychain (27 companies).
What are cryptocurrency companies worth?
The median VCMC valuation is $41.1M across 447 companies; companies acquired after their last round are left out. Values cover private companies only; public companies are not included.
What was the latest funding round?
Polymarket raised a Growth round of $1.00B (Aug 2026), led by 1789 Capital.