London’s Emerging Blockchain Innovations: Spotlight on UK-Based Startups

January 2, 2024

As the world’s major economic and financial hub, London has been the perfect soil for fintech startups to launch and grow, especially those in the blockchain industry. These startups, leveraging innovative blockchain technology, are disrupting traditional models and solving complex challenges across several sectors – from finance to art. In this article, we highlight London-based startups, founded in 2020 or later, that are shaping the landscape of blockchain. Let’s delve in.

We’ve got an exciting roster of emerging tech firms that are operating to improve and transform industries with the power of blockchain tech. Dedicated entrepreneurs and innovative ideas abound on this list, proving that the UK remains a fast-moving and dynamic hub in the world of blockchain and cryptocurrency.

Dominated by both cryptocurrency trading and non-financial uses, these startups are at the forefront of revolutionizing how business transactions occur and how data is managed and accessed. Now, let’s take a glance at what these different companies are bringing to the table.

Gensyn

Founded by Ben Fielding and Harry Grieve, Gensyn is leading the way in the convergence of blockchain, cryptocurrency, and machine learning. The startup offers hyperscale, cost-efficient compute protocol for deep learning models around the world. Find out more about their project via their LinkedIn profile: Gensyn on LinkedIn.

DFX Finance

Moving onto the world of finance, we have DFX Finance. Founded by Adrian Li, and Kevin Zhang, DFX Finance is a new decentralized finance exchange protocol optimized for non-U.S. dollar stable coins. You can follow their latest updates on Twitter: @dfxfinance.

Limna

Limna, led by Marek Claassen, is reshaping the art industry with artificial intelligence and blockchain technology. Limna is the world’s first AI-powered art advisor, making it simple to buy art confidently. It offers a mobile platform for buying art pieces and can be tracked via their Twitter handle: @limna_ai.

DropsTab

DropsTab is all about keeping track of your cryptocurrency market data. The platform collects real-time data from centralized, decentralized exchanges, and all blockchain transactions, giving users the most relevant and unique data about the crypto market.

Himalaya Exchange

The Himalaya Exchange is another key player in the world of cryptocurrency. Providing blockchain-financial services and fintech solutions, Himalaya Exchange is redefining how people interact with crypto on a daily basis.

LINK IO

Looking at the cross-border payments infrastructure, we have LINK IO. Founded by Emmanuel Ebuka Evarist, Marvel George Ekpo, Tomisin Leshi, and Victor Nwaejie, LINK IO is providing a web3 solution to cross-border payments in Africa.

Revolutionland

Revolutionland is bringing together blockchain and video games. Offering services such as publishing, distribution, promotion, and NFT transactions for web3 games, Revolutionland is an exciting ecosystem for game developers and players.

BlockSwap Network

BlockSwap Network, as its name suggests, enables swapping across blockchain networks. BlockSwap Network provides an essential service as intercommunication between blockchain networks continues to grow.

Appold

Appold, founded by Pete Osborne and Robert Gaskell, is shaping the future of finance and technology. Appold specializes in blockchain technology, decentralised finance, and tokenisation of assets. You can follow them on Twitter at @appoldtech.

Idexo

Idexo, founded by Greg Marlin, is bringing developer tools into the blockchain space. Being an innovative startup, Idexo seeks to simplify integration processes for developers.

Fintech Review

Lastly, led by Tristan Pelloux, we have Fintech Review. The platform is offering insights, reviews, interviews, and analysis on everything Fintech, including blockchain. Check out Fintech Review for the latest trends in finance, economics, and technology.

London continues to be a promising base for blockchain start-ups, offering a potent combination of financial expertise, tech talent and an innovative spirit that is driving disruption across multiple sectors. Keep a close eye on these trailblazing companies as they further progress in their respective industries.

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