Blockchain did not appear out of thin air, bringing new technologies and aspects to all niches. This results from long work and many ideas, of which only a few were successfully implemented initially.
Today, there are a lot of blockchain companies because working with crypto is at the same time interesting and at the same time challenging. Some companies are world-famous, while others remain in the shadow of competitors and are just waiting for new opportunities. But there are still 5 largest blockchain companies worth knowing about.
Coinbase Global
One of the most successful and largest companies in the crypto ecosystem is Coinbase. The reason for such success and stable work is that Coinbase Global was one of the first companies involved in trading cryptocurrencies.
The company did this in 2012, 2 years before the famous Bitcoin appeared, giving new opportunities for crypto, including receiving a Bitcoin bonus, exchanging, reaching a new level of the economy, etc. In short, Coinbase is a company of believers who have been prepared for ups and downs.
Coinbase was originally used as a marketplace where users could sell and buy crypto. But over time, the number of cryptocurrencies in circulation increased, as did their volumes, which systematically led to Coinbase being – the largest crypto exchange. Today, Coinbase integrates with over 15 blockchain protocols, supporting over 90 crypto assets for trading or custody.
Chainalysis
Blockchain security is a frequent topic of controversy and discussion. Some are worried that their NFTs and cryptos can be easily tracked and cannot get $5M in Seed Funding like some. Some people generally do not trust blockchain technologies.
But those who trust want it to have the highest level of security. Chainalysis, knowing this, entered the market in 2014 with ideal offers for this ecosystem: checking smart contracts, setting up security, searching for vulnerabilities, etc.
Chainalysis is a company that analyzes blockchain data. But this is not its entire range of services and capabilities.
The main feature is that the company regularly publishes progress reports and results in the fight against fraudulent activities, including money laundering, extortion, darknet platforms, theft, financing of terrorism, and extremism.
Marathon Digital Holdings Inc
Marathon Digital Holdings is a large blockchain company aiming to upgrade blockchain and cryptocurrency mining ecosystem technologies. First, the company positions itself as one of the most extensive, with more than 150,000 miners and a data processing center in Montana.
Seeing such many miners, thoughts about the environment and the dangers for nature immediately pop up in your head. Fortunately, unlike other lesser-known companies, Marathon Digital Holdings takes the environment quite seriously, and in addition to technologies to increase mining, it is developing tools to reduce atmospheric emissions.
Do they do this because they want to or because they are a large company and have to do it?
Ava Labs
Ava Labs is one of the most successful blockchain companies that have chosen the vector of technology development for the Web3 ecosystem, including crypto. The company’s main goal is to improve the interaction between people and digital assets using one blockchain platform.
Ava Labs was founded by Cornell University professor Emin Gur Sirer in 2018. The first $6 million was invested a year later, allowing the company to develop very quickly. This rapid growth is not only due to investments since 6 million is not so much for the blockchain ecosystem. The reason is that Ava Labs aims to reach a new level of Web3 and the blockchain in general.
OpenSea
OpenSea is a popular NFT marketplace where you can buy and sell non-fungible tokens. Throughout the history of this blockchain company, the OpenSea platform has been lauded for its new opportunities for artists and, at the same time, has been part of various scandals with scams and NFT fraud.
Despite this, among other blockchain platforms, OpenSea provides the best opportunities for the new generation of NFT artists.
The easiest way to start selling your art and other tokens is on OpenSea since the platform offers additional tools and features in addition to regular sales. As a result, the company quickly gained momentum starting in 2017 and is still one of the best for digital art artists and crypto investors.
Bottom Line
These and many other companies are laying the “rails” for other market participants to integrate digital assets, blockchain, and other related technologies into business. New companies regularly appear in the blockchain niche, but not all are successful and continue to operate.
Most of them are closed in the first quarter, but it will develop and improve as long as other niches are spinning around this technology.