Biggest Cryptocurrency & Blockchain Unicorn Companies in the World

Investing in crypto has been painful this year, but the sector is moving forward in several important ways. The stunning and sudden collapse of FTX has seemingly triggered a tidal wave of negative sentiment across the whole vertical, causing the already skeptical public to shy away.

The first quarter of 2022 continued the tremendous run-up in the crypto market from 2021. The second quarter of 2022 saw a stable overall level of investment, but many signs pointed to a decrease in venture capital inflows were on the way. The third quarter’s results confirmed this, as there was a massive drop of over 66% in capital inflows, dropping from over $14 billion in Q2 to just under $5 billion in Q3.

Biggest Crypto Unicorns in the World 2022 by valuation

Crypto CompanyMost recent valuationVC raised to date
1Coinbase$85.8B$525.3M
2Robinhood$32.0B$5.6B
3Blockchain:com$14.0B$978.4M
4OpenSea$13.3B$423.0M
5Dunamu$12.6B$574.6M
6Kraken$10.8B$112.0M
7Digital Currency Group$10.0B$1.0B
7KuCoin$10.0B$180.0M
8Chainalysis$8.6B$536.6M
9FTX US$8.0B$400.0M
9StarkWare$8.0B$261.5M
9Fireblocks$8.0B$1.2B
10Dapper Labs$7.6B$632.4M
11ConsenSys$7.1B$733.0M
11Gemini$7.1B$400.0M
12Trade Republic$5.3B$1.2B
13BlockFi$4.8B$957.9M
14Binance.US$4.7B$200.0M
15Circle $4.5B$1.1B
16Sorare$4.3B$738.0M
17Celsius Network$4.2B$948.2M
18Bitpanda$4.1B$545.5M
19Bored Ape Yacht Club$4.0B$450.0M
20Improbable$3.6B$863.2M
21MoonPay$3.4B$555.0M
21Blockdaemon$3.4B$460.5M
22Autograph$3.2B$205.0M
23Anchorage Digital$3.0B$487.0M
23Amber Group$3.0B$328.0M
23Axie Infinity$3.0B$311.0M
24eToro$2.5B$421.4M
24Immutable$2.5B$285.0M
24Blockstream$2.5B$243.1M
25Paxos$2.4B$535.3M
261inch Network$2.3B$189.8M
27Lunar$2.2B$431.4M
27Bitso$2.2B$332.0M
28CoinDCX$2.1B$244.5M
29Mysten Labs$2.0B$336.0M
2921Shares$2.0B$33.8M
29LootMogul$2.0B$211.0M
29Babel Finance$2.0B$122.0M
29DFINITY$2.0B$102.0M
30CoinSwitch Kuber$1.9B$301.5M
31Limit Break$1.7B$190.0M
31Uniswap$1.7B$177.8M
32Solaris$1.6B$441.2M
32Optimism$1.6B$178.5M
32Magic Eden$1.6B$159.5M
32CoinList$1.6B$119.2M
32Candy $1.6B$100.0M
33Ledger$1.5B$464.6M
33Pocket Network$1.5B$20.1M
335ire$1.5B$121.0M
34Concordium$1.4B$36.0M
34Aleo$1.4B$228.0M
34Figment$1.4B$165.0M
35Mythical Games$1.3B$269.5M
35Helium$1.3B$253.8M
35TaxBit$1.3B$237.7M
35Telos $1.3B$145.0M
35iTrustCapital$1.3B$125.0M
35CoinTracker$1.3B$104.1M
36Multichain$1.2B$60.0M
36Lukka$1.2B$209.0M
36Offchain Labs$1.2B$143.7M
36Phantom$1.2B$118.0M
37Quantstamp$1.1B$147.3M
37Matrixport$1.1B$129.0M
37MobileCoin$1.1B$114.4M
38Forte ( Software Development Applications)$1.0B$952.0M
38Dune$1.0B$79.4M
38Unstoppable Domains$1.0B$70.2M
38Celestia$1.0B$57.7M
38Injective$1.0B$52.6M
38Gauntlet$1.0B$44.7M
38Liquid$1.0B$40.0M
38Bitget$1.0B$20.0M
38LayerZero$1.0B$143.3M
39BitFury$1.0B$140.0M
40WorldCoin$1.0B$125.0M
FTX - going through bankruptcy proceedings$32.5B$2.0B

Source: Beinsure.com by PitchBook Data

It’s true that all markets are down. However, there are signs of life in the crypto industry. But there are positive signals from different indicators in the crypto industry, which may perhaps not mark the return of a bull run but may flash that a local bottom is in.

TOP-70 Crypto Unicorns in the World 2022 by venture capital raised

Crypto CompanyVC raised to date
1Robinhood (Brokerage)$5.6B
2Fireblocks$1.2B
3Trade Republic$1.2B
4Circle (Financial Software)$1.1B
5Digital Currency Group$1B
6Blockchain.com$978.4M
7BlockFi$957.9M
8Forte ( Software Development Applications)$952.0M
9Celsius Network$948.2M
10Improbable$863.2M
11Sorare$738.0M
12ConsenSys$733.0M
13Dapper Labs$632.4M
14Dunamu$574.6M
15MoonPay$555.0M
16Bitpanda$545.5M
17Chainalysis$536.6M
18Paxos$535.3M
19Coinbase$525.3M
20Anchorage Digital$487.0M
21Ledger$464.6M
22Blockdaemon$460.5M
23Bored Ape Yacht Club$450.0M
24Solaris (Germany)$441.2M
25Lunar$431.4M
26OpenSea$423.0M
27eToro$421.4M
28FTX US$400.0M
29Gemini$400.0M
30Mysten Labs$336.0M
31Bitso$332.0M
32Amber Group$328.0M
33Axie Infinity$311.0M
34CoinSwitch Kuber$301.5M
35Immutable$285.0M
36Mythical Games$269.5M
37StarkWare$261.5M
38Helium (Wireless)$253.8M
39CoinDCX$244.5M
40Blockstream$243.1M
41TaxBit$237.7M
42Aleo$228.0M
43LootMogul$211.0M
44Lukka$209.0M
45Autograph$205.0M
46Binance.US$200.0M
47Limit Break$190.0M
481inch Network$189.8M
49KuCoin$180.0M
50Optimism$178.5M
51Uniswap$177.8M
52Figment$165.0M
53Magic Eden$159.5M
54Quantstamp$147.3M
55Telos (Financial Software)$145.0M
56Offchain Labs$143.7M
57LayerZero$143.3M
58BitFury$140.0M
59Matrixport$129.0M
60iTrustCapital$125.0M
61WorldCoin$125.0M
62Babel Finance$122.0M
635ire$121.0M
64CoinList$119.2M
65Phantom$118.0M
66MobileCoin$114.4M
67Kraken$112.0M
68CoinTracker$104.1M
69DFINITY$102.0M
70Candy (Financial Software)$100.0M
FTX - going through bankruptcy proceedings$2.0B

Source: Beinsure.com by PitchBook Data

  • The total number of individual deals by VCs in Q3 reached 338, a decrease of 45.6% from the previous quarter.
  • Total capital inflows also decreased to $4.98 billion, an almost 66% decrease from Q2.
  • While Web3 makes up 150 deals or 44.4% of the total individual deal activity.
  • Seed rounds and Series A saw the most amount of capital inflows, with $977 million and $1.32 billion, respectively. However, there were 72 individual deals labeled “unknown,” which likely encompasses debt financing and other business operations that would not cause negative speculation in a bull market but may cause unneeded negative attention in the market’s current situation.