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1. TRACXN TOP BUSINESS MODELS REPORT
February 18, 2022
BLOCKCHAIN - INDUSTRY APPLICATIONS

2. Blockchain - Industry Applications - Top Business Models
Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
Blockchain - Industry Applications
Funding - Overview
3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. Blockchain - Industry Applications - Top Business Models
Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Funding in last
1 year
3
Blockchain in Financial Services $23.9B
Blockchain in Gaming $2.4B
Blockchain in Cybersecurity $1.0B
Blockchain in Healthcare $630M
Blockchain in Media and
Entertainment
$390M
Blockchain in Retail $311M
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
AU21 Capital
Animocabrands
LD Capital
37
36
30
Early
Stage
Andreessen Horowitz
Alameda Research
Coinbase
27
25
21
Late
Stage
Coatue
Andreessen Horowitz
Tiger Global Management
10
9
9
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (44%)
United Kingdom (15%)
Bahamas (6%)
France (5%)
Israel (4%)
India (4%)
Canada (3%)
Others (19%)
$ Funding # Rounds
Checkout
(2012, United Kingdom)
$1.0B - Series D
FTX
(2018, Bahamas)
$900M - Series B
Revolut
(2015, United Kingdom)
$800M - Series E
Celsius Network
(2017, United Kingdom)
$750M - Series B
Forte
(2016, United States)
$725M - Series B
Sorare
(2018, France)
$680M - Series B
eToro
(2007, United Kingdom)
$650M - Series F
MoonPay
(2019, United States)
$555M - Series A
Fireblocks
(2018, United States)
$550M - Series E
Noom
(2008, United States)
$540M - Series F
Polygon
(2020, India)
$450M - Series D
Circle
(2013, United States)
$440M - Series F

4. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▲2 Cryptocurrency Trading Platforms $4.5B 67 FTX | $900M | Series B Link
2▲2 Cryptocurrency Exchanges $1.4B 58 Blockchain | $300M | Series C Link
3▼2 Business Payments Solutions $1.1B 57 Checkout | $1.0B | Series D Link
4▼2 Crypto Financial Services $959M 61 BlockFi | $350M | Series D Link
5▲4 Digital Native Banks $814M 17 N26 | $900M | Series E Link
6▲13 Crypto Based Personal Loans $785M 24 Celsius Network | $750M | Series B Link
7-- Social Trading Platforms for Stocks $650M 10 eToro | $650M | Series F Link
8▼3 PC and Console Core NFT Game Developers $606M 8 Dapper Labs | $305M | Series C Link
9▲13 Cryptocurrency Custodian Services $571M 14 Anchorage | $350M | Series D Link
10-- Nutrition Planning Apps $540M 8 Noom | $540M | Series F Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11--
Employee Behavioural Health Management
Solutions
$540M 25 Noom | $540M | Series F Link
12▲1 Crypto Backed Consumer Loans $490M 4 BlockFi | $350M | Series D Link
13-- PC and Console Casual NFT Game Developers $390M 5 Sky Mavis | $152M | Series B Link
14▼7 Cryptocurrencies for Payments $349M 7 Masterworks | $110M | Series A Link
15▲30 P2P Crypto Loans $295M 11 Yuanbao | $156M | Series C Link
16▲1 Cryptocurrency Compliance Management $291M 9 Lukka | $110M | Series E Link
17▼11 Financial Fraud $263M 35 Forter | $300M | Series F Link
18-- Omnichannel Banking Solutions $250M 6 VNLIFE | $250M | Series B Link
19▲27 Hardware Solutions for Cryptocurrency Mining $232M 12 Helium | $111M | Series D Link
20-- Crypto Tax Filing Platforms $230M 3 TaxBit | $130M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▲38 Private Company Investing Platforms $226M 11 Figure | $200M | Series D Link
22-- Sustainable Crypto Mining $213M 3 Stronghold Di.. | $105M | Series D Link
23▼11 Cryptocurrency Banking $205M 10 Sygnum | $120M | Series B Link
24-- Freight Document Management $200M 5 CargoX | $200M | Series F Link
25-- Internet First Lenders $200M 5 Mynt | $300M | Series D Link
26-- B2B E-Commerce Storefronts $187M 5 INXEPTION | $125M | Series E Link
27▼19 Cryptocurrency Mobile Wallets $151M 22 Cobo | $40.0M | Series B Link
28▼12 Decentralized Cryptocurrency Exchanges $138M 19 dYdX | $65.0M | Series C Link
29-- Browser Based Crypto Wallets $136M 7 Phantom | $109M | Series B Link
30▲6 Crypto Based Pool Mining $119M 20 Circle | $440M | Series F Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▼3
Islamic FinTech > Cryptocurrency > Crypto
Exchanges
$112M 1 Rain | $112M | Series B Link
32-- P2P OTT Video Content Delivery Network $100M 1 Theta Token | $100M | Series A Link
33▲8 Open Banking API Providers $94.0M 50 Solarisbank | $224M | Series D Link
34▲54 Cryptocurrency Research Platforms $87.0M 11 Nansen | $75.0M | Series B Link
35▲45 Online Business Payments $81.0M 75 Mollie | $800M | Series C Link
36-- Cyber Risk Assessment $80.0M 45 Brinqa | $110M | PE Link
37▼11 KYC for Financial Institutions $79.3M 34 Socure | $450M | Series E Link
38-- Fitness Center Management Softwares $70.3M 8 Sport Alliance | $70.3M | Series C Link
39▲15 Digital Collectible Card NFT Game Developers $64.5M 2 Immutable | $60.0M | Series B Link
40▲3 Cryptocurrency Portfolio Management $63.0M 31 CoinTracker | $100M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41-- General Purpose Cryptocurrencies $58.0M 2 FlyCoin | $33.0M | Seed Link
42-- Account Receivables Invoicing Solutions $50.0M 40 Zone & Compa.. | $76.0M | Series C Link
43▲28 NFT Based Digital Art Collectibles $49.4M 9 MakersPlace | $30.0M | Series A Link
44▲7 Multi Factor Authentication (MFA) $45.0M 9 ID.me | $100M | Series C Link
45▲25 Digital Art E-Commerce $43.0M 13 MakersPlace | $30.0M | Series A Link
46▼11 Open Banking Aggregation APIs $43.0M 31 Plaid | $425M | Series D Link
47▲5 Cryptocurrency Trading Bots $42.0M 5 Paradigm | $39.5M | Series A Link
48▲28 Non Fungible Tokens Marketplaces $39.4M 17 OpenSea | $300M | Series C Link
49▲64 Cryptocurrency Data Providers $39.0M 4 Kaiko | $24.0M | Series A Link
50▼10 White Label Cryptocurrency Exchanges $35.0M 2 XanPool | $27.0M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Cryptocurrency Trading Platforms
01
9
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$4.5B (▲1271%)
67(▲81.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
25
$12.7B
215
2
2071
48
Cryptocurrencies (Luno)
(# Cos: 17645 | $30.5B)
Financial Services (Uphold)
(# Cos: 12040 | $24.4B)
Investment Industry (Coinbase)
(# Cos: 8814 | $18.0B)
Online Trading Platforms (FTX)
(# Cos: 3173 | $13.0B)
Regular Trading (Gemini)
(# Cos: 2071 | $12.7B)
Gemini
(2015, United States, $400M)
FTX
(2018, Bahamas, $1.8B)
Bitso
(2014, Mexico, $331M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
FTX (2018, Bahamas)
$900M - Series B - Jul 2021
MoonPay (2019, United States)
$555M - Series A - Oct 2021
Fireblocks (2018, United States)
$550M - Series E - Jan 2022
FTX (2018, Bahamas)
$421M - Series B - Oct 2021
Gemini (2015, United States)
$400M - Series A - Nov 2021
FTX (2018, Bahamas)
$400M - Series C - Jan 2022
FTX US (2019, United States)
$400M - Series A - Jan 2022
View all 67 Funding Rounds on Tracxn Platform

10. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Cryptocurrency Exchanges
02
10
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.4B (▲379%)
58(▲38.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
48
$2.9B
312
1
4072
55
Cryptocurrencies (Luno)
(# Cos: 17646 | $30.5B)
Financial Services (Uphold)
(# Cos: 12041 | $24.4B)
Investment Industry (Gemini)
(# Cos: 8814 | $18.0B)
Crypto Exchanges (Coinbase)
(# Cos: 4072 | $2.9B)
Coinbase
(2012, United States, $547M)
Blockchain
(2011, Luxembourg, $590M)
CoinSwitch
(2017, India, $302M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Blockchain (2011, Luxembourg)
$300M - Series C - Mar 2021
CoinSwitch (2017, India)
$260M - Series C - Oct 2021
Rain (2016, Bahrain)
$112M - Series B - Jan 2022
Blockchain (2011, Luxembourg)
$100M - Series C - Apr 2021
Serum (2020)
$100M - Series A - Jan 2022
CoinDCX (2018, India)
$90.0M - Series C - Jun 2021
Dunamu (2012, South Korea)
$85.3M - Series C - Sep 2021
View all 58 Funding Rounds on Tracxn Platform

11. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Checkout (2012, United Kingdom)
$1.0B - Series D - Jan 2022
Stripe (2010, United States)
$600M - Series H - Mar 2021
SaltPay (2019, Portugal)
$500M - Series C - May 2021
OPay (2018, Nigeria)
$400M - Series C - Aug 2021
EBANX (2012, Brazil)
$400M - Series C - Jun 2021
SaltPay (2019, Portugal)
$345M - Series C - Nov 2021
Flutterwave (2016, United States)
$250M - Series D - Feb 2022
View all 57 Funding Rounds on Tracxn Platform
Business Payments Solutions
03
11
Back to index
Payments (Grab)
(# Cos: 12810 | $129B)
Business Payments (PayPal)
(# Cos: 6968 | $35.3B)
Diversified (Square)
(# Cos: 920 | $10.9B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.1B (▲83.8%)
57(▲83.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
95
$10.9B
233
23
920
45
Square
(2009, United States, $520M)
Xendit
(2015, Indonesia, $238M)
Stripe
(2010, United States, $2.3B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

12. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
BlockFi (2017, United States)
$350M - Series D - Mar 2021
Paxos (2013, United States)
$300M - Series D - Apr 2021
Zero Hash (2017, United States)
$105M - Series D - Jan 2022
Matrixport (2019, Singapore)
$100M - Series C - Aug 2021
Amber Group (2017, China)
$100M - Series B - Jun 2021
BCB (2017, United Kingdom)
$60.0M - Series A - Jan 2022
Abra (2014, United States)
$55.0M - Series C - Sep 2021
View all 61 Funding Rounds on Tracxn Platform
Crypto Financial Services
04
12
Back to index
Cryptocurrencies (Gemini)
(# Cos: 17646 | $30.5B)
Financial Services (Coinbase)
(# Cos: 12041 | $24.4B)
Diversified (Uphold)
(# Cos: 951 | $2.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$959M (▲160%)
61(▲221%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$2.6B
213
5
951
32
Uphold
(2015, United Kingdom, $73.4M)
Coins.ph
(2014, Philippines, $10.0M)
Bakkt
(2018, United States, $483M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

13. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Digital Native Banks
05
13
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$814M (▲917%)
17(▲41.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$10.0B
33
4
101
12
Banking Tech (Fiserv)
(# Cos: 6496 | $57.2B)
Internet First Banks (Monzo)
(# Cos: 1232 | $27.7B)
Digital Native Banks (Revolut)
(# Cos: 221 | $15.7B)
Diversified (Nubank)
(# Cos: 101 | $10.0B)
Nubank
(2013, Brazil, $2.3B)
Revolut
(2015, United Kingdom, $2.1B)
Monzo
(2015, United Kingdom, $1.2B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
N26 (2013, Germany)
$900M - Series E - Oct 2021
Revolut (2015, United Kingdom)
$800M - Series E - Jul 2021
Nubank (2013, Brazil)
$750M - Series G - Jun 2021
Monzo (2015, United Kingdom)
$475M - Series H - Dec 2021
Starling Bank (2014, United Kingdom)
$376M - Series D - Mar 2021
Bunq (2013, Netherlands)
$231M - Series A - Jun 2021
Allica Bank (2017, United Kingdom)
$147M - Series B - Nov 2021
View all 17 Funding Rounds on Tracxn Platform

14. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Crypto Based Personal Loans
06
14
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$785M (▲2152%)
24(▲60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$1.3B
70
-
228
20
Cryptocurrencies (Gemini)
(# Cos: 17646 | $30.5B)
Financial Services (Coinbase)
(# Cos: 12041 | $24.4B)
Lending (Compound)
(# Cos: 297 | $1.3B)
Consumer Loans (Airfox)
(# Cos: 239 | $1.3B)
Personal Loans (Celsius Network)
(# Cos: 228 | $1.3B)
Celsius Network
(2017, United Kingdom, $780M)
Airfox
(2016, United States, $58.1M)
Compound
(2017, United States, $41.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Celsius Netw.. (2017, United Kingdom)
$750M - Series B - Oct 2021
Yuanbao (2014, China)
$156M - Series C - May 2021
Ledn (2018, Canada)
$70.0M - Series B - Dec 2021
Ledn (2018, Canada)
$30.0M - Series A - May 2021
TrueFi (2017, United States)
$12.5M - Series B - Aug 2021
Notional (2020, United States)
$11.3M - Series A - Apr 2021
Yield (2020, United States)
$10.0M - Series A - Jun 2021
View all 24 Funding Rounds on Tracxn Platform

15. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Social Trading Platforms for Stocks
07
15
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$650M ( -- )
10( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$1.3B
39
1
162
7
Investment Tech (IHS Markit)
(# Cos: 21274 | $56.3B)
Online Trading Platforms (Clear)
(# Cos: 9625 | $20.0B)
Stocks (Fidelity Investments)
(# Cos: 2059 | $13.9B)
Social Trading (eToro)
(# Cos: 162 | $1.3B)
eToro
(2007, United Kingdom, $823M)
Ayondo
(2008, Germany, $19.8M)
Stockbit
(2012, Indonesia)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
eToro (2007, United Kingdom)
$650M - Series F - Mar 2021
StockGro (2019, India)
$32.0M - Series A - Jan 2022
CommonStock (2001, United States)
$25.0M - Series A - Oct 2021
Shares (2021, France)
$10.0M - Seed - Aug 2021
StockGro (2019, India)
$6.4M - Seed - Jun 2021
Finary (2020, United States)
$3.2M - Seed - Apr 2021
Iris (2020, United States)
$231K - Seed - Jul 2021
View all 10 Funding Rounds on Tracxn Platform

16. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
PC and Console Core NFT Game
Developers
08
16
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$606M (▲130%)
8(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$908M
6
1
10
4
PC & Console Gaming (Kongregate)
(# Cos: 5558 | $15.7B)
Game Developers (Riot Games)
(# Cos: 4190 | $9.7B)
PC & Console Games (JAM CITY)
(# Cos: 3405 | $6.8B)
Core Games (Electronic Arts)
(# Cos: 1205 | $3.6B)
NFTs (Animocabrands)
(# Cos: 10 | $908M)
Animocabrands
(2006, China)
Dapper Labs
(2018, Canada, $886M)
Big Time Studios
(2020, United States, $10.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Dapper Labs (2018, Canada)
$305M - Series C - Mar 2021
Dapper Labs (2018, Canada)
$250M - Series C - Sep 2021
Dapper Labs (2018, Canada)
$23.0M - Series D - Dec 2021
Big Time Stud.. (2020, United States)
$10.3M - Series A - May 2021
Dapper Labs (2018, Canada)
$6.5M - Series C - Dec 2021
StarSharks (2021)
$5.8M - Series A - Dec 2021
Blockade Games (2018, United States)
$5.0M - Seed - Nov 2021
View all 8 Funding Rounds on Tracxn Platform

17. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Cryptocurrency Custodian Services
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$571M (▲2251%)
14(▲180%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$789M
40
1
82
15
Cryptocurrencies (Uphold)
(# Cos: 17647 | $30.5B)
Financial Services (Gemini)
(# Cos: 12042 | $24.4B)
Investment Industry (Coinbase)
(# Cos: 8815 | $18.0B)
Custodian Services (Anchorage)
(# Cos: 82 | $789M)
Anchorage
(2017, United States, $487M)
Finoa
(2018, Germany, $22.0M)
Hex Trust
(2018, China, $16.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Anchorage (2017, United States)
$350M - Series D - Dec 2021
Anchorage (2017, United States)
$80.0M - Series C - Feb 2021
Qredo (2012, United Kingdom)
$60.0M - Series A - Feb 2022
Copper (2018, United Kingdom)
$50.0M - Series B - May 2021
Komainu (2001, United States)
$25.0M - Series A - Mar 2021
Copper (2018, United Kingdom)
$25.0M - Series B - Jun 2021
Finoa (2018, Germany)
$22.0M - Series A - Apr 2021
View all 14 Funding Rounds on Tracxn Platform

18. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Nutrition Planning Apps
10
18
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$540M ( -- )
8( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$822M
48
2
509
6
Fitness & Wellness Tech (Gympass)
(# Cos: 16295 | $17.4B)
Physical Fitness (Peloton)
(# Cos: 10034 | $13.4B)
Fitness and Diet Training Apps (Healthify)
(# Cos: 5942 | $4.6B)
Nutrition (FiNC)
(# Cos: 1161 | $1.3B)
Apps (Lose It!)
(# Cos: 937 | $1.0B)
Planning (Noom)
(# Cos: 509 | $822M)
Noom
(2008, United States, $624M)
Lose It!
(2008, United States, $7.0M)
Nutrisystem
(1972, United States, $300K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Noom (2008, United States)
$540M - Series F - May 2021
Day Two (2015, United States)
$37.0M - Series C - May 2021
Vivosens (2017, United States)
$6.0M - Series A - Nov 2021
Project Well (2019, United States)
$2.0M - Seed - Feb 2021
Flourish (2018, United States)
$1.0M - Seed - Dec 2021
Fitia (2021, Peru)
$125K - Seed - Sep 2021
LemonBox (2017, China)
Undisclosed - Series A - Oct 2021
View all 8 Funding Rounds on Tracxn Platform

19. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Noom (2008, United States)
$540M - Series F - May 2021
Workrise (2015, United States)
$300M - Series E - May 2021
Ginger (2011, United States)
$100M - Series E - Mar 2021
Lark Technolo.. (2011, United States)
$100M - Series D - Sep 2021
Thrive Global (2016, United States)
$80.0M - Series C - Jul 2021
Happify (2011, United States)
$73.0M - Series D - Mar 2021
Welltok (2009, United States)
$17.4M - Series E - Apr 2021
View all 25 Funding Rounds on Tracxn Platform
Employee Behavioural Health
Management Solutions
11
19
Back to index
Employee Health IT (Accolade)
(# Cos: 3170 | $18.9B)
Tech Enabled Services (Gympass)
(# Cos: 1977 | $12.5B)
Behavioral Health (Noom)
(# Cos: 413 | $3.2B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$540M ( -- )
25( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
28
$3.2B
136
5
413
23
Noom
(2008, United States, $624M)
Magellan Health
(1969, United States, $101M)
Thrive Global
(2016, United States, $130M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

20. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Crypto Backed Consumer Loans
12
20
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$490M (▲827%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$715M
29
-
116
4
Alternative Lending (Credit Karma)
(# Cos: 11493 | $81.8B)
Online Lenders (SoFi)
(# Cos: 8276 | $73.0B)
Consumer Loans (Affirm)
(# Cos: 4140 | $36.4B)
Asset Backed Loans (Rupeek)
(# Cos: 397 | $2.7B)
Digital Assets (BabelFinance)
(# Cos: 121 | $731M)
Crypto Backed (BlockFi)
(# Cos: 116 | $715M)
Direct Lender (Airfox)
(# Cos: 116 | $715M)
Airfox
(2016, United States, $58.1M)
BlockFi
(2017, United States, $509M)
BabelFinance
(2018, China, $40.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
BlockFi (2017, United States)
$350M - Series D - Mar 2021
Ledn (2018, Canada)
$70.0M - Series B - Dec 2021
BabelFinance (2018, China)
$40.0M - Series A - May 2021
Ledn (2018, Canada)
$30.0M - Series A - May 2021

21. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
PC and Console Casual NFT Game
Developers
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$390M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$437M
6
-
16
2
PC & Console Gaming (Kongregate)
(# Cos: 5560 | $15.7B)
Game Developers (Electronic Arts)
(# Cos: 4192 | $9.7B)
PC & Console Games (Animocabrands)
(# Cos: 3407 | $6.8B)
Casual Games (JAM CITY)
(# Cos: 2202 | $3.2B)
NFTs (Sky Mavis)
(# Cos: 16 | $437M)
Sky Mavis
(2019, Singapore, $161M)
Mythical
(2003, United States, $270M)
PlayDapp
(2018, South Korea)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Sky Mavis (2019, Singapore)
$152M - Series B - Oct 2021
Mythical (2003, United States)
$150M - Series C - Nov 2021
Mythical (2003, United States)
$75.0M - Series B - Jun 2021
Sky Mavis (2019, Singapore)
$7.5M - Series A - May 2021
Laguna Games (2019, United States)
$5.0M - Seed - Oct 2021

22. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Masterworks (2017, United States)
$110M - Series A - Oct 2021
MobileCoin (2018, United States)
$75.0M - Series B - Jul 2021
MobileCoin (2018, United States)
$66.0M - Series B - Aug 2021
Eco (2018, United States)
$60.0M - Series C - Jul 2021
Eco (2018, United States)
$26.0M - Series B - Mar 2021
MobileCoin (2018, United States)
$11.3M - Series B - Feb 2021
Siglo (2018, Gibraltar)
$125K - Seed - Sep 2021
Cryptocurrencies for Payments
14
22
Back to index
Cryptocurrencies (Coinbase)
(# Cos: 17647 | $30.5B)
Coins (Terra)
(# Cos: 2089 | $1.4B)
Payments (MobileCoin)
(# Cos: 1118 | $573M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$349M (▲244%)
7(▲133%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$573M
65
3
1118
7
MobileCoin
(2018, United States, $182M)
Codex Protocol
(2017, United Kingdom, $5.0M)
Bitcoin
(2009, United Kingdom, $100M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

23. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
P2P Crypto Loans
15
23
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$295M (▲3779%)
11(▲83.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$323M
37
-
124
11
Cryptocurrencies (Gemini)
(# Cos: 17647 | $30.5B)
Financial Services (Coinbase)
(# Cos: 12042 | $24.4B)
Lending (Compound)
(# Cos: 297 | $1.3B)
Consumer Loans (Airfox)
(# Cos: 239 | $1.3B)
Personal Loans (Celsius Network)
(# Cos: 228 | $1.3B)
P2P (Ledn)
(# Cos: 124 | $323M)
Ledn
(2018, Canada, $104M)
Ripio protocol
(2016, Argentina, $2.9M)
Cred
(2017, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Yuanbao (2014, China)
$156M - Series C - May 2021
Ledn (2018, Canada)
$70.0M - Series B - Dec 2021
Ledn (2018, Canada)
$30.0M - Series A - May 2021
Notional (2020, United States)
$11.3M - Series A - Apr 2021
Yield (2020, United States)
$10.0M - Series A - Jun 2021
Euler (2020, United Kingdom)
$8.0M - Series A - Aug 2021
NAOS (2020, Singapore)
$5.1M - Series A - Apr 2021
View all 11 Funding Rounds on Tracxn Platform

24. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Cryptocurrency Compliance
Management
16
24
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$291M (▲579%)
9(▲80%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$418M
14
-
31
7
Cryptocurrencies (Gemini)
(# Cos: 17647 | $30.5B)
Financial Services (Coinbase)
(# Cos: 12042 | $24.4B)
RegTech (Chainalysis)
(# Cos: 100 | $987M)
Compliance Management
(Unbound)
(# Cos: 31 | $418M)
Unbound
(2014, United States, $40.0M)
TRM
(2018, United States, $79.9M)
Lukka
(2014, United States, $209M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Lukka (2014, United States)
$110M - Series E - Jan 2022
TRM (2018, United States)
$60.0M - Series B - Dec 2021
Lukka (2014, United States)
$53.0M - Series D - Mar 2021
Securrency (2015, United States)
$30.0M - Series B - Mar 2021
TRM (2018, United States)
$14.0M - Series A - Jun 2021
Notabene (2020, United States)
$10.2M - Series A - Nov 2021
Coinfirm (2016, United Kingdom)
$8.0M - Series A - Sep 2021
View all 9 Funding Rounds on Tracxn Platform

25. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Forter (2013, United States)
$300M - Series F - May 2021
Signifyd (2011, United States)
$205M - Series E - Apr 2021
Feedzai (2009, United Kingdom)
$200M - Series D - Mar 2021
Alloy (2015, United States)
$100M - Series C - Sep 2021
Chainalysis (2014, United States)
$100M - Series E - Jun 2021
Chainalysis (2014, United States)
$100M - Series D - Mar 2021
Elliptic (2014, United Kingdom)
$60.0M - Series C - Oct 2021
View all 35 Funding Rounds on Tracxn Platform
Financial Fraud
17
25
Back to index
Cybersecurity (Okta)
(# Cos: 15077 | $92.5B)
Anti Fraud (Experian)
(# Cos: 1135 | $7.9B)
Financial Fraud (Riskified)
(# Cos: 685 | $5.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$263M (▲121%)
35(▼16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
80
$5.0B
247
8
685
63
Riskified
(2012, United States, $229M)
Chainalysis
(2014, United States, $367M)
Alloy
(2015, United States, $156M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

26. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
VNLIFE (2007, Vietnam)
$250M - Series B - Jul 2021
Amount (2019, United States)
$100M - Series D - May 2021
MANTL (2016, United States)
$40.0M - Series B - Apr 2021
Kwara (2003, Kenya)
$4.0M - Seed - Dec 2021
maviance (2008, Germany)
$3.0M - Seed - May 2021
VeriTran (2005, Argentina)
Undisclosed - PE - Aug 2021
Omnichannel Banking Solutions
18
26
Back to index
Banking Tech (Nubank)
(# Cos: 6496 | $57.2B)
Banking Channels (Technisys)
(# Cos: 326 | $1.9B)
Omnichannel (Amount)
(# Cos: 165 | $1.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$250M ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$1.1B
54
4
165
10
Amount
(2019, United States, $187M)
Technisys
(1995, United States, $83.7M)
CR2
(1997, Ireland, $30.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

27. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Helium (2006, United States)
$111M - Series D - Aug 2021
Rhodium (2021, United States)
$86.9M - Series C - Oct 2021
Blockware Min.. (2019, United States)
$25.0M - Series B - Jun 2021
Gryphon Digit.. (2020, United States)
$14.0M - Series A - Mar 2021
ePIC Blockchain (2017, Canada)
$7.5M - Series A - Apr 2021
Gryphon Digit.. (2020, United States)
$6.7M - Series A - Jun 2021
CCM (2021, United States)
$2.5M - Seed - Jun 2021
View all 12 Funding Rounds on Tracxn Platform
Hardware Solutions for Cryptocurrency
Mining
19
27
Back to index
Cryptocurrencies (Coinbase)
(# Cos: 17647 | $30.5B)
Mining (Circle)
(# Cos: 2095 | $2.9B)
Hardware (Bitmain)
(# Cos: 247 | $1.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$232M (▲3065%)
12(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$1.6B
43
10
247
12
Bitmain
(2013, China, $950M)
Helium
(2006, United States, $170M)
Bitfury
(2012, United States, $181M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

28. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Crypto Tax Filing Platforms
20
28
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$230M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$249M
5
-
30
2
Finance & Accounting Tech (Fiserv)
(# Cos: 11508 | $35.0B)
Tech-Enabled Services (H&R Block)
(# Cos: 1408 | $1.9B)
Tax Filing (Clear)
(# Cos: 690 | $1.3B)
Crypto Tax (TaxBit)
(# Cos: 30 | $249M)
TaxBit
(2017, United States, $237M)
ZenLedger
(2017, United States, $11.5M)
Bitcoin.Tax
(2013, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TaxBit (2017, United States)
$130M - Series B - Aug 2021
TaxBit (2017, United States)
$100M - Series A - Mar 2021
ZenLedger (2017, United States)
$6.0M - Series A - Aug 2021

29. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Private Company Investing Platforms
21
29
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$226M (▲5553%)
11(▲120%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$718M
23
-
134
6
Investment Tech (IHS Markit)
(# Cos: 21275 | $56.3B)
Alternative Investment Platforms (Seedrs)
(# Cos: 3366 | $6.5B)
Private Companies (Forge Global)
(# Cos: 954 | $1.7B)
Diversified (Figure)
(# Cos: 134 | $718M)
Figure
(2018, United States, $428M)
PrimaryBid
(2012, United Kingdom, $214M)
Funderbeam
(2013, United Kingdom, $21.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Figure (2018, United States)
$200M - Series D - May 2021
PrimaryBid (2012, United Kingdom)
$150M - Series C - Jan 2022
Syndicate (2021, United States)
$20.0M - Series A - Aug 2021
Percent (2018, United States)
$12.5M - Series A - Apr 2021
Funderbeam (2013, United Kingdom)
$4.0M - Series A - Mar 2021
Cadence (2018, United States)
$4.0M - Series A - Apr 2021
Rialto (2016, United States)
$3.1M - Series A - Jul 2021
View all 11 Funding Rounds on Tracxn Platform

30. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Stronghold Di.. (2021, United States)
$105M - Series D - May 2021
TeraWulf (2021, United States)
$76.5M - Series C - Dec 2021
Iris Energy (2018, Australia)
$31.1M - Series C - Mar 2021
Sustainable Crypto Mining
22
30
Back to index
Cryptocurrencies (Coinbase)
(# Cos: 17647 | $30.5B)
Mining (Bitmain)
(# Cos: 2095 | $2.9B)
Sustainable Mining (Argo Blockchain)
(# Cos: 14 | $213M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$213M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$213M
6
3
14
1
Argo Blockchain
(2017, United Kingdom)
TeraWulf
(2021, United States, $76.5M)
Stronghold Digital Min..
(2021, United States, $105M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

31. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Sygnum (2018, Switzerland)
$120M - Series B - Jan 2022
SEBA Bank (2018, Switzerland)
$120M - Series C - Jan 2022
Dicalet (2018, Japan)
$61.6M - Series C - Mar 2021
Lemon (2019, Argentina)
$16.3M - Series A - Jul 2021
Multis (2018, United States)
$7.0M - Seed - Feb 2022
Flint (2021, India)
$5.1M - Seed - Jan 2022
Fiat Republic (2021, United Kingdom)
$3.5M - Seed - Feb 2022
View all 10 Funding Rounds on Tracxn Platform
Cryptocurrency Banking
23
31
Back to index
Cryptocurrencies (Gemini)
(# Cos: 17647 | $30.5B)
Financial Services (Coinbase)
(# Cos: 12042 | $24.4B)
Banking (Sygnum)
(# Cos: 205 | $541M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$205M (▲253%)
10(▲42.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$541M
31
-
205
9
Sygnum
(2018, Switzerland, $120M)
SEBA Bank
(2018, Switzerland, $246M)
Dicalet
(2018, Japan, $118M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

32. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Freight Document Management
24
32
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$323M
24
-
75
4
Logistics Tech (Grab)
(# Cos: 18967 | $91.2B)
Freight (Convoy)
(# Cos: 9902 | $26.3B)
Multimodal (Flexport)
(# Cos: 2285 | $7.3B)
Technology Enablers (FourKites)
(# Cos: 1733 | $3.5B)
Document Management (CargoX)
(# Cos: 75 | $323M)
CargoX
(2017, Slovenia, $200M)
Shipamax
(2016, United Kingdom, $12.1M)
BasicBlock
(2018, United States, $81.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CargoX (2017, Slovenia)
$200M - Series F - Oct 2021
BasicBlock (2018, United States)
$78.0M - Series A - Jan 2022
Vector AI (2017, United Kingdom)
$15.0M - Series A - Sep 2021
BasicBlock (2018, United States)
$820K - Seed - Mar 2021
Wave (2014, Israel)
Undisclosed - Series B - Mar 2021

33. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Internet First Lenders
25
33
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$8.3B
30
2
215
12
Alternative Lending (Credit Karma)
(# Cos: 11494 | $81.8B)
Online Lenders (Affirm)
(# Cos: 8277 | $73.0B)
Diversified (Lending Club)
(# Cos: 844 | $12.3B)
Direct Lender (SoFi)
(# Cos: 215 | $8.3B)
SoFi
(2011, United States, $3.0B)
Figure
(2018, United States, $428M)
InCred
(2016, India, $216M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Mynt (2015, Philippines)
$300M - Series D - Nov 2021
Figure (2018, United States)
$200M - Series D - May 2021
MNT Halan (2017, Egypt)
$120M - Series A - Aug 2021
Kaabil Finance (2017, India)
Undisclosed - Seed - Feb 2022
Hi (2021, United Kingdom)
Undisclosed - Series A - Mar 2021

34. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
INXEPTION (2017, United States)
$125M - Series E - Jan 2022
INXEPTION (2017, United States)
$61.5M - Series D - May 2021
Centra eCommerce (2008, Sweden)
$11.2M - Series B - Nov 2021
Violet (2015, United States)
$10.0M - Series A - Oct 2021
Violet (2015, United States)
$3.0M - Seed - May 2021
B2B E-Commerce Storefronts
26
34
Back to index
B2B E-Commerce (Alibaba Group)
(# Cos: 6841 | $38.5B)
Technology Enablers (Tradeshift)
(# Cos: 942 | $6.2B)
Storefront (Drync)
(# Cos: 114 | $394M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$187M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$394M
43
-
114
4
Drync
(2008, United States, $5.2M)
INXEPTION
(2017, United States, $187M)
WebLinc
(1994, United States, $12.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

35. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Cryptocurrency Mobile Wallets
27
35
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$151M (▲74.4%)
22(▲15.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$431M
84
1
556
15
Cryptocurrencies (Coinbase)
(# Cos: 17647 | $30.5B)
Wallet (Ledger)
(# Cos: 1358 | $1.3B)
Hot Wallets (imToken)
(# Cos: 830 | $577M)
Mobile Wallets (Luno)
(# Cos: 556 | $431M)
Luno
(2013, United Kingdom, $13.0M)
imToken
(2016, Singapore, $40.0M)
Wirex
(2014, United Kingdom, $7.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cobo (2017, Singapore)
$40.0M - Series B - Sep 2021
imToken (2016, Singapore)
$30.0M - Series B - Mar 2021
DeBank (2019, China)
$25.0M - Series B - Dec 2021
Valora (2020, Canada)
$20.0M - Series A - Jul 2021
Bottlepay (2015, United Kingdom)
$15.5M - Seed - Feb 2021
Coin98 (2016, Vietnam)
$11.3M - Series B - Jul 2021
Coinme (2014, United States)
$10.0M - Series A - Jun 2021
View all 22 Funding Rounds on Tracxn Platform

36. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Decentralized Cryptocurrency Exchanges
28
36
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$138M (▲183%)
19(▲72.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$208M
59
-
105
12
Cryptocurrencies (Luno)
(# Cos: 17647 | $30.5B)
Financial Services (Uphold)
(# Cos: 12042 | $24.4B)
Investment Industry (Gemini)
(# Cos: 8815 | $18.0B)
Crypto Exchanges (Coinbase)
(# Cos: 4072 | $2.9B)
Decentralized Exchanges (Kyber
Network)
(# Cos: 105 | $208M)
Kyber Network
(2017, Singapore)
dYdX
(2017, United States, $87.0M)
0x
(2016, United States, $15.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
dYdX (2017, United States)
$65.0M - Series C - Jun 2021
Orca (2020, Japan)
$18.0M - Series A - Sep 2021
Injective Pro.. (2018, United States)
$10.0M - Series A - Apr 2021
Portal (2020, United States)
$8.5M - Series A - Sep 2021
zkLink (2019, Singapore)
$8.5M - Series A - Oct 2021
Saber (2021, United States)
$7.7M - Seed - Jul 2021
Voltz Labs (2021, United Kingdom)
$6.0M - Seed - Dec 2021
View all 19 Funding Rounds on Tracxn Platform

37. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Browser Based Crypto Wallets
29
37
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$136M ( -- )
7( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$141M
22
-
234
3
Cryptocurrencies (Coinbase)
(# Cos: 17647 | $30.5B)
Wallet (Ledger)
(# Cos: 1358 | $1.3B)
Hot Wallets (Luno)
(# Cos: 830 | $577M)
Browser Based (Phantom)
(# Cos: 234 | $141M)
Phantom
(2020, United States, $118M)
MyCrypto
(2017, United States, $4.0M)
Liquidity
(2018, United States, $7.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Phantom (2020, United States)
$109M - Series B - Jan 2022
Phantom (2020, United States)
$9.0M - Series A - Jul 2021
Liquidity (2018, United States)
$7.0M - Series A - Aug 2021
XDEFI (2020)
$6.0M - Series A - Sep 2021
Crypterium (2017, Estonia)
$3.5M - Seed - Mar 2021
Venly (2018, Belgium)
$1.8M - Seed - Apr 2021
Tokocrypto (2017, Indonesia)
Undisclosed - Seed - Dec 2021

38. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Circle (2013, United States)
$440M - Series F - May 2021
Compute North (2017, United States)
$85.0M - Series C - Feb 2022
Stader Labs (2021, Singapore)
$12.5M - Series A - Jan 2022
BitDeer (2013, China)
$12.0M - Series B - Apr 2021
pSTAKE (2021)
$10.0M - Series A - Nov 2021
Titan (2018)
$6.0M - Series A - Nov 2021
ClayStack (2020, Singapore)
$5.2M - Seed - Jul 2021
View all 20 Funding Rounds on Tracxn Platform
Crypto Based Pool Mining
30
38
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Cryptocurrencies (Coinbase)
(# Cos: 17647 | $30.5B)
Mining (Bitmain)
(# Cos: 2095 | $2.9B)
Pool Mining (Circle)
(# Cos: 458 | $900M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$119M (▲1087%)
20(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$900M
67
2
458
9
Circle
(2013, United States, $686M)
Staked
(2018, United States, $4.5M)
Tokens.com
(2020, Canada, $25.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

39. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Rain (2016, Bahrain)
$112M - Series B - Jan 2022
Islamic FinTech > Cryptocurrency >
Crypto Exchanges
31
39
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Islamic FinTech (FWD)
(# Cos: 145 | $2.0B)
Cryptocurrency (OneGram)
(# Cos: 5 | $130M)
Crypto Exchanges (Rain)
(# Cos: 3 | $130M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$112M (▲628%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$130M
1
-
3
1
Rain
(2016, Bahrain, $130M)
Adab Solutions
(2017, United Arab Emi..)
FICE
(2018, United Arab Emi..)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

40. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
P2P OTT Video Content Delivery
Network
32
40
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$100M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$227M
21
-
36
3
OTT Video (Netflix)
(# Cos: 4865 | $25.5B)
Video Distribution (LiveU)
(# Cos: 504 | $2.1B)
Content Delivery Network (Gracenote)
(# Cos: 136 | $550M)
Peer2Peer (Theta Token)
(# Cos: 36 | $227M)
Theta Token
(2017, United States, $100M)
Peer5
(2011, Israel, $4.0M)
Kontiki
(2000, United States, $62.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Theta Token (2017, United States)
$100M - Series A - Mar 2021

41. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Solarisbank (2016, Germany)
$224M - Series D - Jul 2021
Pismo (2016, Brazil)
$108M - Series B - Oct 2021
Railsbank (2015, United Kingdom)
$70.0M - Series C - Jul 2021
Prime Trust (2004, United States)
$64.0M - Series A - Jul 2021
M2P (2015, India)
$56.0M - Series C - Jan 2022
Unit (2019, United States)
$51.0M - Series B - Jun 2021
Yapily (2017, United Kingdom)
$51.0M - Series B - Jul 2021
View all 50 Funding Rounds on Tracxn Platform
Open Banking API Providers
33
41
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Banking Tech (Nubank)
(# Cos: 6496 | $57.2B)
Open Banking (Plaid)
(# Cos: 527 | $5.3B)
Banking APIs (Tink)
(# Cos: 256 | $3.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$94.0M (▲857%)
50(▼2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
14
$3.0B
113
-
256
43
Tink
(2012, Sweden, $359M)
Cross River Bank
(2008, United States, $228M)
Cashfree
(2015, India, $42.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

42. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Cryptocurrency Research Platforms
34
42
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$87.0M (▲7150%)
11(▲83.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$232M
45
1
404
7
Cryptocurrencies (Uphold)
(# Cos: 17647 | $30.5B)
Financial Services (Gemini)
(# Cos: 12042 | $24.4B)
Investment Industry (Coinbase)
(# Cos: 8815 | $18.0B)
Research Platforms (skew.)
(# Cos: 404 | $232M)
skew.
(2018, United Kingdom, $7.0M)
Messari
(2018, United States, $26.0M)
Nansen
(2019, $88.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Nansen (2019)
$75.0M - Series B - Dec 2021
Dune Analytics (2018, Norway)
$69.4M - Series B - Feb 2022
Messari (2018, United States)
$21.0M - Series A - Aug 2021
Nansen (2019)
$12.0M - Series A - Jun 2021
Dune Analytics (2018, Norway)
$8.0M - Series A - Aug 2021
Aurox (2018, United States)
$5.0M - Series A - Feb 2022
Hawksight.co (2021, Singapore)
$4.2M - Series A - Dec 2021
View all 11 Funding Rounds on Tracxn Platform

43. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Mollie (2004, Netherlands)
$800M - Series C - Jun 2021
Bolt (2014, United States)
$393M - Series D - Oct 2021
Razorpay (2014, India)
$375M - Series F - Dec 2021
Bolt (2014, United States)
$355M - Series E - Dec 2021
Rapyd (2016, United States)
$300M - Series E - Aug 2021
Airwallex (2015, China)
$200M - Series E - Sep 2021
Voyager Innovat.. (2013, Philippines)
$167M - Series E - Jun 2021
View all 75 Funding Rounds on Tracxn Platform
Online Business Payments
35
43
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Payments (Grab)
(# Cos: 12810 | $129B)
Business Payments (Square)
(# Cos: 6968 | $35.3B)
Online Payments (PayPal)
(# Cos: 2584 | $9.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$81.0M (▲4723%)
75(▲63%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
205
$9.1B
497
26
2584
70
PayPal
(1998, United States, $216M)
Payoneer
(2005, United States, $269M)
Flywire
(2009, United States, $263M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

44. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Brinqa (2008, United States)
$110M - PE - Jun 2021
CertiK (2018, United States)
$80.0M - Series B - Dec 2021
PlexTrac (2016, United States)
$70.0M - Series B - Feb 2022
Dazz (2021, United States)
$50.0M - Series A - Dec 2021
AttackIQ (2013, United States)
$44.0M - Series C - May 2021
Panorays (2014, United States)
$42.0M - Series B - Sep 2021
JupiterOne (2018, United States)
$30.0M - Series B - May 2021
View all 45 Funding Rounds on Tracxn Platform
Cyber Risk Assessment
36
44
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Cybersecurity (Okta)
(# Cos: 15077 | $92.5B)
Security Analytics (Sumo Logic)
(# Cos: 952 | $8.4B)
Cyber Risk & Vulnerability Assessment
(Tenable)
(# Cos: 522 | $2.2B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$80.0M ( -- )
45( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
58
$2.2B
185
3
522
39
Tenable
(2002, United States, $310M)
AttackIQ
(2013, United States, $95.2M)
Tripwire
(1997, United States, $26.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

45. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
KYC for Financial Institutions
37
45
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RegTech (Onfido)
(# Cos: 2493 | $15.2B)
KYC (Jumio)
(# Cos: 670 | $3.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$79.3M (▲372%)
34(▼2.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
57
$3.7B
226
9
670
44
Jumio
(2010, United States, $196M)
Onfido
(2012, United Kingdom, $242M)
IDnow
(2014, Germany, $40.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Socure (2012, United States)
$450M - Series E - Nov 2021
Trulioo (2011, Canada)
$394M - Series D - Jun 2021
Advance (2015, China)
$200M - Series D - Sep 2021
Jumio (2010, United States)
$150M - Series D - Mar 2021
Unico (2007, Brazil)
$121M - Series C - Aug 2021
TYME (2012, South Africa)
$110M - Series B - Feb 2021
Socure (2012, United States)
$100M - Series D - Mar 2021
View all 34 Funding Rounds on Tracxn Platform

46. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Fitness Center Management Softwares
38
46
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$70.3M ( -- )
8( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
23
$418M
77
1
752
5
Fitness & Wellness Tech (Peloton)
(# Cos: 16296 | $17.4B)
Tools for Fitness Professionals (Netpulse)
(# Cos: 1561 | $534M)
Fitness Centers (Virtuagym)
(# Cos: 1103 | $519M)
Suite (Mindbody)
(# Cos: 752 | $418M)
Mindbody
(2001, United States, $113M)
Virtuagym
(2008, Netherlands, $10.3M)
Daxko
(1998, United States, $7.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Sport Alliance (2014, Germany)
$70.3M - Series C - Aug 2021
Lenus eHealth (2016, Denmark)
$61.0M - Series A - May 2021
Talent Hack (2015, United States)
$17.0M - Series A - Nov 2021
Framework (2020, United States)
$3.0M - Seed - Jun 2021
Care Line Live (2014, United Kingdom)
$1.7M - Series A - Apr 2021
Approach (2019)
$1.5M - Seed - Oct 2021
LEGIT FIT (2017, Ireland)
Undisclosed - Seed - Jun 2021
View all 8 Funding Rounds on Tracxn Platform

47. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Digital Collectible Card NFT Game
Developers
39
47
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$64.5M (▲1190%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$88.3M
3
-
7
2
PC & Console Gaming (Kongregate)
(# Cos: 5560 | $15.7B)
Game Developers (Electronic Arts)
(# Cos: 4192 | $9.7B)
PC & Console Games (JAM CITY)
(# Cos: 3407 | $6.8B)
Core Games (Animocabrands)
(# Cos: 1205 | $3.6B)
Digital Collectible Card Games
(Horizon)
(# Cos: 20 | $88.3M)
NFTs (Immutable)
(# Cos: 7 | $88.3M)
Immutable
(2018, Australia, $75.0M)
Horizon
(2015, United States, $13.3M)
KAKA NFT World
(2021, China)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Immutable (2018, Australia)
$60.0M - Series B - Sep 2021
Horizon (2015, United States)
$4.5M - Seed - Jul 2021

48. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Cryptocurrency Portfolio Management
40
48
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$63.0M (▲664%)
31(▲417%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$309M
78
-
408
17
Cryptocurrencies (Uphold)
(# Cos: 17647 | $30.5B)
Financial Services (Gemini)
(# Cos: 12042 | $24.4B)
Investment Industry (Coinbase)
(# Cos: 8815 | $18.0B)
Trading Enablers (Talos)
(# Cos: 612 | $612M)
Portfolio Management (Blockpit)
(# Cos: 408 | $309M)
Blockpit
(2017, Austria, $10.0M)
Blockfolio
(2014, United States, $14.7M)
Balancer
(2019, $12.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CoinTracker (2017, United States)
$100M - Series A - Jan 2022
Sommelier (2020, United States)
$23.0M - Series A - Oct 2021
Zapper (2020, United States)
$17.2M - Series A - May 2021
TokenSets (2017, United States)
$14.0M - Series A - May 2021
Redefine (2021, Israel)
$11.0M - Seed - Jan 2022
InstaDApp (2018, India)
$10.0M - Series A - Jun 2021
Blockpit (2017, Austria)
$10.0M - Series A - Jul 2021
View all 31 Funding Rounds on Tracxn Platform

49. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
FlyCoin (2021, United States)
$33.0M - Seed - Feb 2022
Worldcoin (2019, United States)
$25.0M - Series B - Oct 2021
General Purpose Cryptocurrencies
41
49
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Cryptocurrencies (Coinbase)
(# Cos: 17647 | $30.5B)
Coins (Terra)
(# Cos: 2089 | $1.4B)
General Purpose (Worldcoin)
(# Cos: 411 | $65.1M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$58.0M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$65.1M
26
-
411
2
Worldcoin
(2019, United States, $25.0M)
Litecoin
(2011, Canada)
Mina
(2020, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

50. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Account Receivables Invoicing Solutions
42
50
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$50.0M ( -- )
40( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
48
$1.9B
168
4
1712
30
Finance & Accounting Tech (Intuit)
(# Cos: 11508 | $35.0B)
Accounting Solutions (Fiserv)
(# Cos: 7707 | $22.9B)
Quote to Cash (Chargebee)
(# Cos: 2451 | $5.4B)
Account Receivables (Taulia)
(# Cos: 2038 | $3.0B)
Invoicing (Zuora)
(# Cos: 1712 | $1.9B)
Zuora
(2007, United States, $243M)
Billtrust
(2001, United States, $105M)
Paymentus
(2004, United States, $23.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zone & Compan.. (2013, United States)
$76.0M - Series C - Oct 2021
PayStand (2013, United States)
$50.0M - Series C - Jul 2021
ArquiveiOficial (2014, Brazil)
$48.0M - Series B - Dec 2021
Billogram (2011, Sweden)
$45.0M - Series B - Sep 2021
FloBiz (2019, India)
$31.0M - Series B - Sep 2021
Vyapar (2015, India)
$30.0M - Series B - Jan 2022
Metronome (1998, United States)
$30.0M - Series A - Feb 2022
View all 40 Funding Rounds on Tracxn Platform

51. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
NFT Based Digital Art Collectibles
43
51
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$49.4M (▲2144%)
9(▲350%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$70.6M
15
-
34
6
Investment Tech (IHS Markit)
(# Cos: 21278 | $56.3B)
Alternative Investment Platforms (Seedrs)
(# Cos: 3366 | $6.5B)
Non Fungible Tokens (OpenSea)
(# Cos: 171 | $701M)
Collectibles (Post AG)
(# Cos: 109 | $195M)
Digital Art (MakersPlace)
(# Cos: 34 | $70.6M)
MakersPlace
(2012, United States, $32.0M)
SuperRare
(2018, United States, $9.0M)
Nifty's
(2021, United States, $10.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
MakersPlace (2012, United States)
$30.0M - Series A - Aug 2021
Nifty's (2021, United States)
$10.0M - Seed - Jul 2021
SuperRare (2018, United States)
$9.0M - Series A - Mar 2021
Art Blocks (2017, United States)
$6.0M - Series A - Aug 2021
Paras (2019, Indonesia)
$5.0M - Seed - Nov 2021
TESSA (2019, South Korea)
$3.4M - Series A - Dec 2021
Sloika (2021, United States)
$2.0M - Seed - Nov 2021
View all 9 Funding Rounds on Tracxn Platform

52. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
ID.me (2010, United States)
$100M - Series C - Mar 2021
HYPR (2014, United States)
$35.0M - Series C - Apr 2021
IDEMIA (2007, France)
$12.8M - Series A - May 2021
Q5id (2018, United States)
$10.0M - Series B - Oct 2021
Loqr (2015, Portugal)
$9.5M - Series A - Jun 2021
Evo Security (2018, United States)
$3.9M - Seed - Jan 2022
Asignio (2013, United States)
$2.2M - Seed - Jan 2022
View all 9 Funding Rounds on Tracxn Platform
Multi Factor Authentication (MFA)
44
52
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Cybersecurity (Palo Alto Networks)
(# Cos: 15077 | $92.5B)
IAM (Okta)
(# Cos: 3019 | $13.2B)
MFA (Ping Identity)
(# Cos: 188 | $1.2B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$45.0M (▲753%)
9(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
24
$1.2B
81
5
188
17
Ping Identity
(2002, United States, $136M)
Duo
(2010, United States, $119M)
Imprivata
(2002, United States, $40.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Digital Art E-Commerce
45
53
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Art E-Commerce (Catawiki)
(# Cos: 974 | $1.5B)
Digital Art (MakersPlace)
(# Cos: 102 | $139M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$43.0M (▲1855%)
13(▲160%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$139M
31
-
102
6
MakersPlace
(2012, United States, $32.0M)
Meural
(2014, United States, $8.2M)
Mintable
(2018, Singapore, $13.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
MakersPlace (2012, United States)
$30.0M - Series A - Aug 2021
Rarible (2019, United States)
$14.2M - Series A - Jun 2021
Mintable (2018, Singapore)
$13.0M - Series A - Jul 2021
Nifty's (2021, United States)
$10.0M - Seed - Jul 2021
LaCollection (2021, France)
$10.0M - Series A - Feb 2022
SuperRare (2018, United States)
$9.0M - Series A - Mar 2021
Curio (2017, United States)
$7.0M - Seed - Mar 2021
View all 13 Funding Rounds on Tracxn Platform

54. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Plaid (2013, United States)
$425M - Series D - Mar 2021
TrueLayer (2016, United Kingdom)
$130M - Series E - Sep 2021
TrueLayer (2016, United Kingdom)
$70.0M - Series D - Apr 2021
Orum (2019, United States)
$56.0M - Series B - Jun 2021
Belvo (2019, Spain)
$43.0M - Series A - Jun 2021
Lean (2019, Saudi Arabia)
$33.0M - Series A - Jan 2022
Flinks (2016, Canada)
$23.7M - Series B - Aug 2021
View all 31 Funding Rounds on Tracxn Platform
Open Banking Aggregation APIs
46
54
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Banking Tech (Nubank)
(# Cos: 6496 | $57.2B)
Open Banking (Tink)
(# Cos: 527 | $5.3B)
Aggregation APIs (Plaid)
(# Cos: 211 | $1.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$43.0M (▲227%)
31(▲47.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$1.6B
78
-
211
28
Plaid
(2013, United States, $734M)
TrueLayer
(2016, United Kingdom, $273M)
Quovo
(2010, United States, $16.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

55. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Cryptocurrency Trading Bots
47
55
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$42.0M (▲713%)
5(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$98.6M
24
-
424
5
Cryptocurrencies (Luno)
(# Cos: 17647 | $30.5B)
Financial Services (Uphold)
(# Cos: 12042 | $24.4B)
Investment Industry (Coinbase)
(# Cos: 8815 | $18.0B)
Online Trading Platforms (Gemini)
(# Cos: 3174 | $13.0B)
Algo Trading (Mudrex)
(# Cos: 903 | $122M)
Trading Bots (Stacked)
(# Cos: 424 | $98.6M)
Stacked
(2020, United States, $40.0M)
Paradigm
(2010, United States, $39.5M)
3Commas
(2017, Canada, $3.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Paradigm (2010, United States)
$39.5M - Series A - Dec 2021
Stacked (2020, United States)
$35.0M - Series A - Dec 2021
Hummingbot (2018, United States)
$8.0M - Series A - May 2021
NOBI (2020, Indonesia)
$4.0M - Seed - Feb 2022
Zignaly (2018, Singapore)
$3.0M - Series A - Mar 2021

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Recent Funding Rounds
Non Fungible Tokens Marketplaces
48
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Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$39.4M (▲2151%)
17(▲750%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$484M
20
-
39
6
Investment Tech (IHS Markit)
(# Cos: 21278 | $56.3B)
Alternative Investment Platforms (Seedrs)
(# Cos: 3366 | $6.5B)
Non Fungible Tokens (MakersPlace)
(# Cos: 171 | $701M)
Marketplaces (OpenSea)
(# Cos: 39 | $484M)
OpenSea
(2017, United States, $427M)
FWB
(2020, $10.0M)
Mintable
(2018, Singapore, $13.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
OpenSea (2017, United States)
$300M - Series C - Jan 2022
OpenSea (2017, United States)
$100M - Series B - Jul 2021
OpenSea (2017, United States)
$23.0M - Series A - Mar 2021
Rarible (2019, United States)
$14.2M - Series A - Jun 2021
Mintable (2018, Singapore)
$13.0M - Series A - Jul 2021
FWB (2020)
$10.0M - Series A - Oct 2021
Universe (2021)
$4.3M - Seed - May 2021
View all 17 Funding Rounds on Tracxn Platform

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Recent Funding Rounds
Cryptocurrency Data Providers
49
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$39.0M (▲ >10K%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$102M
31
-
277
5
Cryptocurrencies (Uphold)
(# Cos: 17647 | $30.5B)
Financial Services (Gemini)
(# Cos: 12042 | $24.4B)
Investment Industry (Coinbase)
(# Cos: 8815 | $18.0B)
Data Providers (TradeBlock)
(# Cos: 277 | $102M)
TradeBlock
(2013, United States, $20.7M)
TokenInsight
(2017, United States)
Oddup
(2014, China, $19.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Kaiko (2014, France)
$24.0M - Series A - Jun 2021
Amberdata (2017, United States)
$15.0M - Series A - Sep 2021
Oddup (2014, China)
$12.8M - Series C - Aug 2021
Kleoverse (2021, Finland)
$1.2M - Seed - Jan 2022

58. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
White Label Cryptocurrency Exchanges
50
58
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$35.0M (▲254%)
2(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$101M
22
-
110
5
Cryptocurrencies (Uphold)
(# Cos: 17647 | $30.5B)
Financial Services (Gemini)
(# Cos: 12042 | $24.4B)
Investment Industry (Coinbase)
(# Cos: 8815 | $18.0B)
Trading Enablers (Talos)
(# Cos: 612 | $612M)
Crypto Exchanges (Gem)
(# Cos: 110 | $101M)
Gem
(2013, United States, $10.4M)
AlphaPoint
(2013, United States, $23.9M)
Quoine
(2014, Japan, $22.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
XanPool (2018, China)
$27.0M - Series A - Oct 2021
X-Margin (2019, United States)
$8.0M - Series A - Sep 2021

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