Forbes included nine cryptocurrency projects in its 2022 ranking of the most innovative private companies in financial technology.
According to the magazine, together these nine firms attracted $6.5 billion in venture capital investment, most of which came in the last 12 months.
Leading the way among them is FTX, a cryptocurrency exchange with a valuation of $32 billion, making it the third largest private fintech company headquartered in the United States.
Next are two newcomers, NFT marketplace OpenSea ($13.3 billion) and blockchain platform Alchemy ($10.2 billion).
They are followed by stablecoin creator USDC Circle ($9 billion), veteran analyst company Chainalysis ($8.6 billion) and custodian Fireblocks ($8 billion).
Forbes did not quote Ava Labs, the developer of the Avalanche blockchain, but back in April the media estimated the company at $5.25 billion, while the native token platform AVAX has a market capitalization of $8.5 billion.
The penultimate line among cryptocompanies was taken by Paxos ($2.4 billion).
Only one representative of the bitcoin industry from the Fintech 50 list has not yet reached unicorn status – it is Chainalysi’s competitor TRM Labs, with a valuation of $600 million.