10 New York City Blockchain Startups to Watch
Blockchain is technology that literally enables the existence of cryptocurrencies such as Bitcoin, Ethereum and Litecoin.
It is a decentralized ledger of all transactions over a P2P network. Like the US dollar, cryptocurrency is a medium of exchange. However, unlike the dollar, cryptocurrencies are digital and use encryption capabilities to function. Quite simply: without blockchains, there would be no crypto.
You don’t want to miss out Benzinga’s Future of Crypto conference next month. The conference will be held at Pier Sixty, Manhattan’s largest waterfront venue, and will feature such high-profile speakers as Anthony Scaramuccifounder of Sky Bridge Capital and former White House communications director; Arthur Breitman, co-founder of Tezos; and Kevin O’Leary by O’Leary Ventures and the television program “Shark Tank”.
The Future of Crypto conference starts at 8 a.m. ET on December 7, 2022.
Here are 10 great blockchain startups operating here in New York City.
Galaxy Digital
Galaxy Digital provides a financial services platform for Bitcoin innovators and mining companies. The full-service platform connects Bitcoin miners to hedging, financing and trading in one integrated package.
Uniswap Labs
Headquartered in the heart of Soho, Uniswap is considered one of the safest ways to exchange cryptocurrencies. With Uniswap, your money is not held by the exchange. Instead, the company interacts directly with your Ethereum wallet.
Axons
Founded in 2013 by Greg and Jeff Schwey, Axoni is a capital markets technology firm specializing in distributed ledger infrastructure. Axoni has been added to the Forbes Fintech 50 list as one of the most innovative fintech companies in the country.
Aptos
Aptos is a Layer-1 blockchain that uses motion programming language and can theoretically reach 160,000 blockchain transactions per second. This diverse team is developed by Aptos Labs and led by Avery Ching and Mo Shaikh. Aptos Lab’s motto is: “Building a team 1 for everyone.”
NICE
NYDIG fuses Bitcoin with traditional finance to help usher in a new wave of financial products. In addition to specializing in Bitcoin mining, the company focuses on insurance, corporations, banking and investment management.
Ava Labs
Headquartered in Brooklyn, Ava Labs boasts that its software, Avalanche, is the fastest and most scalable blockchain network available. The Ava blockchain token can be used for loyalty rewards, refunds, payments and more.
Paxos
Paxos is building a new, open financial system through its blockchain infrastructure platform. Paxos combines cutting-edge technology with bank-level supervision, so you can safely trade, settle and manage your assets.
BlockTech
Guided by the management i Nick SpanosBlockTech is an international blockchain venture that dates all the way back to the founding of the Bitcoin Center in NYC.
Paxful
With Paxful, you can both buy and sell crypto instantly. Paxful is a P2P blockchain escrow system that protects buyers and sellers when making cryptocurrency exchanges such as Bitcoin and Ethereum.
Apifini
Apifiny is a multi-exchange crypto trading platform that converges global crypto markets into one. To remove the barrier to institutional crypto trading, Apifiny provides institutional grade performance infrastructure.