Top Fast-Growing Bitcoin Startups to Watch [2023]

Have you ever wondered who is on the list of Bitcoin Companies with the highest growth rates?

You’re not alone.

There are hundreds of Bitcoin Companies found there, and keeping track of the hottest new startups can be challenging.

But don’t worry, we’ve got you covered. Here are the top 49 fast-growing Bitcoin Startups that have top-tier venture capital funding.

What are Bitcoin Startups?

Bitcoin startups are businesses that primarily use Bitcoin and other cryptocurrency technologies to develop new products and services or to offer existing products and services in a way that is more efficient and secure than traditional methods.

These businesses can range from exchanges, payment processors, software development, gaming, remittance services, and more.

Top 49 Fastest-Growing Startups In Bitcoin

1) NYDIG

NYDIG is a Bitcoin-focused technology and financial services firm serving institutions, private clients, and banks.

Details of the startup:

• Country: United States
• City: New York
• Started in: 2017
• Founders: Robert Gutmann, Ross Stevens
• Number of employees: 101-250
• Funding amount: $405,000,000
• Number of funding rounds: 7
• Number of investors: 13

You can find their website here.

2) Kraken

Kraken is a cryptocurrency exchange that offers spot and futures trading for Bitcoin, Ethereum, and more than 40 additional cryptocurrencies.

Details of the startup:

• Country: United States
• City: San Francisco
• Started in: 2011
• Founders: Jesse Powell
• Number of employees: 1001-5000
• Funding amount: $118,500,000
• Number of funding rounds: 12
• Number of investors: 15

You can find their website here.

3) BlockFi

BlockFi is a secured non-bank lender that provides cryptoasset owners with USD loans backed by their cryptoassets.

Details of the startup:

• Country: United States
• City: Jersey City
• Started in: 2017
• Founders: Flori Marquez, Zac Prince
• Number of employees: 101-250
• Funding amount: $508,681,673
• Number of funding rounds: 11
• Number of investors: 45

You can find their website here.

4) Uphold

Uphold is a cryptocurrency wallet and trading platform that makes cryptocurrencies and other assets affordable and accessible to the general public.

Details of the startup:

• Country: United States
• City: San Francisco
• Started in: 2014
• Founders: Halsey Minor
• Number of employees: 101-250
• Funding amount: $15,521,761
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

5) Coinme

Coinme is a digital currency exchange with the goal of making digital currency more accessible to the general public.

Details of the startup:

• Country: United States
• City: Seattle
• Started in: 2014
• Founders: Michael Smyers, Neil Bergquist
• Number of employees: 51-100
• Funding amount: $19,080,000
• Number of funding rounds: 5
• Number of investors: 4

You can find their website here.

6) Bitpanda

Bitpanda is a digital asset exchange that makes it easy to purchase and sell bitcoins.

Details of the startup:

• Country: Austria
• City: Vienna
• Started in: 2014
• Founders: Christian Trummer, Eric Demuth, Paul Klanschek
• Number of employees: 251-500
• Funding amount: $283,013,472
• Number of funding rounds: 5
• Number of investors: 6

You can find their website here.

7) BitPay

BitPay offers businesses and organizations enterprise-grade bitcoin payment solutions.

Details of the startup:

• Country: United States
• City: Atlanta
• Started in: 2011
• Founders: Anthony Gallippi, Stephen Pair
• Number of employees: 101-250
• Funding amount: $72,510,000
• Number of funding rounds: 7
• Number of investors: 28

You can find their website here.

8) Bitso

Bitso is a cryptocurrency exchange where users can buy and sell bitcoin and other cryptocurrencies.

Details of the startup:

• Country: Mexico
• City: Mexico City
• Started in: 2014
• Founders: Ben Peters, Daniel Vogel, Pablo Gonzalez
• Number of employees: 251-500
• Funding amount: $378,350,000
• Number of funding rounds: 8
• Number of investors: 18

You can find their website here.

9) Coinsquare

Coinsquare is a cryptocurrency exchange where you can buy and sell Bitcoin, Ethereum, XRP, and other digital currencies.

Details of the startup:

• Country: Canada
• City: Toronto
• Started in: 2014
• Founders: Virgile Rostand
• Number of employees: 51-100
• Funding amount: $98,470,113
• Number of funding rounds: 7
• Number of investors: 4

You can find their website here.

10) CipherTrace

CipherTrace is a cryptocurrency intelligence firm that provides bitcoin anti-money laundering (AML) compliance services.

Details of the startup:

• Country: United States
• City: Menlo Park
• Started in: 2015
• Founders: Dave Jevans, Shannon Holland, Stephen Ryan
• Number of employees: 51-100
• Funding amount: $45,079,375
• Number of funding rounds: 3
• Number of investors: 5

You can find their website here.

11) BitGo

BitGo is the market leader in institutional digital asset financial services, offering security, custody, and liquidity solutions to clients.

Details of the startup:

• Country: United States
• City: Palo Alto
• Started in: 2013
• Founders: Ben Davenport, Mike Belshe, Will O’Brien
• Number of employees: 101-250
• Funding amount: $69,500,000
• Number of funding rounds: 6
• Number of investors: 20

You can find their website here.

12) Kucoin

KuCoin is a blockchain asset exchange where anybody may trade bitcoin for other cryptocurrencies in order to increase their profits.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2013
• Number of employees: 51-100
• Funding amount: $20,000,000
• Number of funding rounds: 2
• Number of investors: 4

You can find their website here.

13) Unchained Capital

Unchained Capital is a blockchain-based financial services firm that lends money to long-term cryptocurrency investors.

Details of the startup:

• Country: United States
• City: Austin
• Started in: 2017
• Founders: Dhruv Bansal, Joseph Kelly
• Number of employees: 11-50
• Funding amount: $33,500,000
• Number of funding rounds: 4
• Number of investors: 16

You can find their website here.

14) Huobi

Huobi is a global blockchain asset financial services company that offers exchange, trading, wallet, and storage services.

Details of the startup:

• Country: China
• City: Beijing
• Started in: 2013
• Founders: Jun Du, Leon Li
• Number of employees: 1001-5000
• Funding amount: $2,000,000
• Number of funding rounds: 4
• Number of investors: 3

You can find their website here.

15) Filecoin

Filecoin is a Bitcoin-based data storage network and electronic money.

Details of the startup:

• Country: United States
• City: Palo Alto
• Started in: 2014
• Founders: Juan Benet
• Number of employees: 11-50
• Funding amount: $258,220,000
• Number of funding rounds: 7
• Number of investors: 27

You can find their website here.

16) Abra

Abra is a digital wallet that accepts bitcoin as well as over 50 different fiat currencies.

Details of the startup:

• Country: United States
• City: Mountain View
• Started in: 2014
• Founders: Bill Barhydt
• Number of employees: 51-100
• Funding amount: $47,000,000
• Number of funding rounds: 6
• Number of investors: 29

You can find their website here.

17) Blockdaemon

Blockdaemon is a blockchain deployment facilitator that maintains blockchain network nodes and payment rails.

Details of the startup:

• Country: United States
• City: Los Angeles
• Started in: 2017
• Founders: Konstantin Richter
• Number of employees: 11-50
• Funding amount: $39,630,000
• Number of funding rounds: 10
• Number of investors: 29

You can find their website here.

18) Gryphon Digital Mining

Gryphon Digital Mining is a bitcoin mining company that develops fully integrated pure-play bitcoin miners with zero carbon emissions.

Details of the startup:

• Country: United States
• City: Las Vegas
• Started in: 2021
• Founders: Dan Tolhurst
• Number of employees: 1-10
• Funding amount: $14,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

19) Fold

Fold is a rewards software that allows users to earn bitcoin for every purchase they make.

Details of the startup:

• Country: United States
• City: Atlanta
• Started in: 2014
• Founders: Chris Martin, Corbin Pon, Matt Luongo, Will Reeves
• Number of employees: 11-50
• Funding amount: $16,300,000
• Number of funding rounds: 4
• Number of investors: 10

You can find their website here.

20) SFOX

SFOX is a bitcoin prime dealer for institutional and professional traders.

Details of the startup:

• Country: United States
• City: Los Angeles
• Started in: 2014
• Founders: Akbar Thobhani, George Melika
• Number of employees: 11-50
• Funding amount: $23,120,000
• Number of funding rounds: 6
• Number of investors: 14

You can find their website here.

21) Quidax

Quidax is a digital asset exchange that enables customers to purchase and sell bitcoin with their local cash in a seamless manner.

Details of the startup:

• Country: Malta
• City: San Gwann
• Started in: 2017
• Founders: Buchi Okoro
• Number of employees: 11-50
• Funding amount: $3,620,000
• Number of funding rounds: 3
• Number of investors: 3

You can find their website here.

22) Ren

Ren is a public protocol that allows value to be transferred between blockchains.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2017
• Founders: Taiyang Zhang
• Number of employees: 11-50
• Funding amount: $34,000,000
• Number of funding rounds: 2
• Number of investors: 7

You can find their website here.

23) Bitfury Group

Bitfury is the world’s premier bitcoin and blockchain technology consulting firm.

Details of the startup:

• Country: The Netherlands
• City: Amsterdam
• Started in: 2011
• Founders: Valery Nebesny, Valery Vavilov
• Number of employees: 501-1000
• Funding amount: $170,000,000
• Number of funding rounds: 6
• Number of investors: 24

You can find their website here.

24) Nuri

Nuri uses cutting-edge technology to help people manage and build their wealth.

Details of the startup:

• Country: Germany
• City: Berlin
• Started in: 2015
• Founders: Benjamin Jones, Jan Goslicki, Jorg von Minckwitz
• Number of employees: 51-100
• Funding amount: € 33,296,429
• Number of funding rounds: 7
• Number of investors: 12

You can find their website here.

25) Eligma

We combine payment methods and other POS services into a single solution, transforming the POS terminal into a business growth tool.

Details of the startup:

• Country: Slovenia
• City: Ljubljana
• Started in: 2017
• Founders: Dejan Roljic, Matej Gregorčič
• Number of employees: 11-50
• Funding amount: $22,305,180
• Number of funding rounds: 4
• Number of investors: 3

You can find their website here.

26) bitFlyer

BitFlyer is a Bitcoin exchange and marketplace where users may buy, trade, and spend bitcoins.

Details of the startup:

• Country: Japan
• City: Tokyo
• Started in: 2014
• Founders: Masuda Rikiya, Takafumi Komiyama, Yuzo Kano
• Number of employees: 11-50
• Funding amount: $37,529,617
• Number of funding rounds: 9
• Number of investors: 17

You can find their website here.

27) CoinGecko

CoinGecko is a cryptocurrency data portal that offers digital currency values and basic analyses.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2014
• Founders: Bobby Ong, TM Lee
• Number of employees: 11-50

You can find their website here.

28) Zebpay

Cryptocurrency Exchange and Wallet on a Global Scale

Details of the startup:

• Country: Latvia
• City: Malta
• Started in: 2014
• Founders: Mahin Gupta, Sandeep Goenka, Saurabh Agrawal
• Number of employees: 51-100
• Funding amount: $1,125,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

29) Tagomi

Tagomi is a cryptocurrency trading platform that aims to improve trade execution so that clients can keep more of their profits.

Details of the startup:

• Country: United States
• City: Chicago
• Started in: 2018
• Founders: Greg Tusar, Jennifer Campbell, Kevin Johnson, Marc Bhargava
• Number of employees: 11-50
• Funding amount: $40,725,857
• Number of funding rounds: 4
• Number of investors: 19

You can find their website here.

30) Newton.co

Canadians have access to a no-fee bitcoin trading platform.

Details of the startup:

• Country: Canada
• City: Toronto
• Started in: 2018
• Founders: Dustin Walper, Erynn Saunders, Tyson Leslie
• Number of employees: 11-50
• Funding amount: $15,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

31) Crypto.com

Crypto.com is a cryptocurrency and payment website that allows users to purchase, sell, and pay with cryptocurrency.

Details of the startup:

• Country: Hong Kong
• City: Sai Wan
• Started in: 2016
• Founders: Bobby Bao, Gary Or, Kris Marszalek, Rafael Melo
• Number of employees: 501-1000
• Funding amount: $26,700,000
• Number of funding rounds: 1

You can find their website here.

32) Korbit

Korbit is a bitcoin exchange, wallet, and merchant processor that operates online.

Details of the startup:

• Country: South Korea
• City: Seoul
• Started in: 2013
• Founders: Kangmo Kim, Louis Jinhwa Kim, Tony Lyu
• Number of employees: 101-250
• Funding amount: $6,515,767
• Number of funding rounds: 5
• Number of investors: 15

You can find their website here.

33) Binance

Binance is a cryptocurrency exchange platform that mixes economics and digital technology.

Details of the startup:

• Country: Malta
• City: Valletta
• Started in: 2017
• Founders: Changpeng Zhao, Yi He
• Number of employees: 251-500
• Funding amount: $25,000,000
• Number of funding rounds: 8
• Number of investors: 13

You can find their website here.

34) Bluzelle

Bluzelle provides a full stack of blockchain apps, middleware, and data services that is fully integrated.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2014
• Founders: Neeraj Murarka, Pavel Bains
• Number of employees: 11-50
• Funding amount: $22,300,000
• Number of funding rounds: 7
• Number of investors: 11

You can find their website here.

35) TenX

TenX allows you to spend any cryptocurrency at any time and from any location.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2015
• Founders: Julian Hosp, Michael Sperk, Paul Warrunthorn Kittiwongsunthorn, Toby Hoenisch
• Number of employees: 51-100
• Funding amount: $125,170,000
• Number of funding rounds: 5
• Number of investors: 16

You can find their website here.

36) Coincheck

In Japan, Coincheck is a bitcoin and cryptocurrency exchange.

Details of the startup:

• Country: Japan
• City: Tokyo
• Started in: 2012
• Founders: James Riney, Koiichiro Wada, Masakazu Sasaki, Yusuke Otsuka
• Number of employees: 11-50
• Funding amount: ¥125,000,294
• Number of funding rounds: 4
• Number of investors: 4

You can find their website here.

37) Liquid Global

Liquid Global is a cryptocurrency trading platform that aims to bring liquidity to the cryptocurrency market.

Details of the startup:

• Country: Japan
• City: Tokyo
• Started in: 2014
• Founders: Mario Gomez Lozada, Mike Kayamori, Tanaka Masaaki
• Number of employees: 101-250
• Funding amount: $132,640,593
• Number of funding rounds: 5
• Number of investors: 8

You can find their website here.

38) Unocoin

Unocoin is a bitcoin processor based in India that allows users to purchase, sell, store, use, and receive bitcoins.

Details of the startup:

• Country: India
• City: Tumkur
• Started in: 2013
• Founders: Abhinand Kaseti, Harish B V, Sathvik Vishwanath, Sunny Ray
• Number of employees: 11-50
• Funding amount: $6,992,665
• Number of funding rounds: 4
• Number of investors: 12

You can find their website here.

39) PumaPay

PumaPay provides a one-of-a-kind smart-contract-based protocol that enables businesses to simply bill in cryptocurrency.

Details of the startup:

• Country: Cyprus
• City: Limassol
• Started in: 2017
• Number of employees: 11-50
• Funding amount: $117,019,041
• Number of funding rounds: 1

You can find their website here.

40) Bitmain

Bitmain is a company that develops and produces high-performance computing processors and software.

Details of the startup:

• Country: China
• City: Beijing
• Started in: 2013
• Founders: Jihan Wu, Micree Zhan
• Number of employees: 101-250
• Funding amount: $764,700,000
• Number of funding rounds: 4
• Number of investors: 12

You can find their website here.

41) Coins.ph

Coins.ph provides financial services to people who are currently unserved by traditional banks using mobile devices.

Details of the startup:

• Country: Philippines
• City: Pasig
• Started in: 2014
• Founders: Ron Hose, Runar Petursson
• Number of employees: 251-500
• Funding amount: $10,000,000
• Number of funding rounds: 4
• Number of investors: 11

You can find their website here.

42) Poolin

Poolin is a multi-cryptocurrency mining pool, custodial wallet, block explorer, and transaction accelerator that supports many currencies.

Details of the startup:

• Country: China
• City: Beijing
• Started in: 2017
• Founders: Tianzhao Li, Zhibiao Pan, Zhu Fa
• Number of employees: 51-100
• Funding amount: $10,000,000
• Number of funding rounds: 2
• Number of investors: 7

You can find their website here.

43) INDODAX

INDODAX, formerly known as Bitcoin.co.id, is Indonesia’s largest digital asset exchange (Bitcoin Indonesia)

Details of the startup:

• Country: Indonesia
• City: Jakatra
• Started in: 2014
• Founders: Oscar Darmawan, William Sutanto
• Number of employees: 101-250
• Funding amount: $1,050,000
• Number of funding rounds: 2
• Number of investors: 1

You can find their website here.

44) Hashstacs

Hashstacs is a blockchain development company that also provides financial market technical solutions.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2018
• Founders: Benjamin Soh
• Number of employees: 11-50
• Funding amount: SGD4,800,000
• Number of funding rounds: 3
• Number of investors: 5

You can find their website here.

45) Safello

In the European market, Safello runs a bitcoin exchange and related services.

Details of the startup:

• Country: Sweden
• City: Stockholm
• Started in: 2013
• Founders: Frank Schuil, Ludvig Öberg
• Number of employees: 11-50
• Funding amount: $2,079,732
• Number of funding rounds: 7
• Number of investors: 8

You can find their website here.

46) Xcapit

For everyone’s financial well-being, blockchain and AI are essential.

Details of the startup:

• Country: Argentina
• City: Córdoba
• Started in: 2018
• Founders: Fernando Boiero, José Trajtenberg
• Number of employees: 11-50
• Funding amount: $560,000
• Number of funding rounds: 2
• Number of investors: 7

You can find their website here.

47) Bitfinex

Bitfinex is a digital asset trading platform that provides digital currency traders and global liquidity providers with cutting-edge services.

Details of the startup:

• Country: Taiwan
• City: Taipei
• Started in: 2012
• Founders: Giancarlo Devasini, Raphael Nicolle
• Number of employees: 51-100
• Number of funding rounds: 1
• Number of investors: 2

You can find their website here.

48) Bitrefill

Bitrefill accepts bitcoin and cryptocurrencies and provides gift cards, mobile phone refills, and lightning network services on a global scale.

Details of the startup:

• Country: Sweden
• City: Stockholm
• Started in: 2014
• Founders: Michael Mauritz Grunberger, Patric Stiller, Sergej Kotliar
• Number of employees: 11-50
• Funding amount: $2,100,000
• Number of funding rounds: 2
• Number of investors: 6

You can find their website here.

49) Coinmama

Since 2013, this cryptocurrency exchange has allowed people and businesses in 188 countries to purchase and sell bitcoin and other altcoins quickly.

Details of the startup:

• Country: Ireland
• City: Dublin
• Started in: 2013
• Founders: Ilan Schuster, Laurence Newman, Nimrod Gruber
• Number of employees: 11-50
• Funding amount: $2,400,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

FAQs

Is Bitcoin Business Profitable?

Yes, Bitcoin business can be profitable. The profitability of any business depends on many factors, such as the cost of running the business, the size of the customer base, the demand for the product or service, the competitive landscape, and the current market conditions. 

With Bitcoin, the potential for profit is significant, especially if the business is able to take advantage of the cryptocurrency’s unique features, such as the ability to send payments quickly and securely, the potential for low transaction fees, and the potential for capital appreciation. 

However, it is important to remember that there are risks associated with any business, and Bitcoin businesses are no different. It is important to do research and understand the potential risks before investing in Bitcoin.

What Is The Average Investment In Bitcoin?

There is no single answer to this question as it will largely depend on the individual investor and their financial situation. 

Generally speaking, the average investment in Bitcoin will range anywhere from a few dollars to thousands of dollars. Some investors may choose to invest smaller amounts, while others may opt for larger investments. Ultimately, it is up to the individual investor to determine the best investment strategy based on their financial goals and risk tolerance.