Best Startup
The realm of cryptocurrency has seen an exceptional evolution in the past few years, with London emerging as one of the central hubs for cryptocurrency startups in the UK. The city’s favourable regulatory environment and tech-savvy demographic have drawn in entrepreneurs and investors alike. With an increasing number of these startups being launched in the past couple of years, this article spotlights the most promising cryptocurrency startups founded in 2020 or later that are headquartered in London.
These startups are not only revolutionising the way we envision finance but are also contributing significantly to the economic growth of the nation. They cater to unique market needs, dealing with asset risk management, creating exchange protocols, and developing technology infrastructure, among other things. Let’s have a detailed look at these startups:
In no particular order, we delve into the who, what, where, and why of these promising startups:
Elwood Technologies
Elwood Technologies, founded by Alan Howard, is a fintech firm that offers an institutional-grade access to digital asset markets and liquidity venues. The London-based company equips financial institutions, neobanks, and corporations with the infrastructure needed to access the digital assets market quickly and efficiently. You can learn more about them on their LinkedIn page.
Gensyn
Gensyn, established by Ben Fielding and Harry Grieve, is revolutionising the world of deep learning models with its hyperscale, cost-efficient compute protocol. For more information, visit their LinkedIn page.
XDEFI Wallet
XDEFI Wallet, created by David Phan and Emile Dubié, is a non-custodial wallet that allows its users to securely swap, store, and send NFTs and cryptocurrency across 17 blockchains. Visit their LinkedIn page to discover more.
Bumper
With Gareth Ward and Jonathan DeCarteret at the helm, Bumper has developed a unique protocol that protects crypto assets against negative price movements. The company’s comprehensive solution includes stabilising volatile cryptocurrencies and reducing price risks. More information is available on their LinkedIn page.
DFX Finance
DFX Finance, co-founded by Adrian Li and Kevin Zhang, introduces a new decentralized finance exchange protocol targeted specifically at non-U.S. dollar stablecoins. Visit their LinkedIn page to learn more about DFX Finance’s innovative products.
Potion Labs
Potion Labs is redefining asset risk-management applications. By creating a base layer for these applications, Potion Labs is shaping the future of cryptocurrency. More information on their breakthrough platform is available on their LinkedIn page.
Tokenplace
Tokenplace, founded by Dmitry Knox, Evgeny Grachev, and Nina Knox, provides an online trading platform that consolidates the majority of cryptocurrency exchanges on the market. Their product boasts of a single interface that allows users to trade using institutional-grade order-splitting algorithms and unified portfolio tools. You can discover more on their LinkedIn page.
Unslashed Finance
Marouane Hajji is the founder of Unslashed Finance, a company that delivers pioneering insurance products for crypto assets. More about their unique propositions can be found on their LinkedIn page.
Peerkat
Peerkat, a startup based in London specialises in NFT marketing. Their innovative platform is built on the XRP Ledger. More information about Peerkat is available on their LinkedIn page.
Zodia Custody
Zodia Custody, a London-based startup in the asset management, cryptocurrency, and financial services industry provides industry-standard solutions. Details about Zodia Custody can be found on their LinkedIn page.
DropsTab
DropsTab is a cryptocurrency market tracker designed to help users keep tabs on their assets’ performance. The platform aggregates real-time data from both centralized and decentralized exchanges as well as blockchain transactions. You can find out more on their LinkedIn page.
In summary, these young London-based cryptocurrency startups are trailblazing a path to the future of finance. With their innovative offerings and technological advancements, they provide a boost to the UK’s tech industry and fulfil sector-specific demands in and outside the cryptocurrency realm.
