A tremendous amount of capital may be flowing from old institutions to Bitcoin and other digital assets.
Bitcoin is evolving and blockchain is maturing due to the advancement of technology. The digital currencies rose significantly in the pandemic year. Bitcoin was in the headlines all year long, leading to the price development of other coins and coins Cryptocurrencies.
In light of recent developments in the cryptocurrency industry and Bitcoin’s price expansion, Elon Musk, founder of SpaceX, recently announced that his company Tesla has invested $ 1.5 billion in Bitcoin. In addition, Tesla has started considering BTC payments for their electric vehicles. The company recently updated its investment policy in January 2021 to ensure liability and flexibility, and to maximize the return on cash that is not required to maintain adequate operational liquidity.
Taking into account the above updates, analysts and researchers concluded that if digital currency prices move in the future, investors can easily be wiped out. Many companies and developing organizations are currently working to acquire blockchain and cryptocurrency transformations.
Let’s take a look at the five most advanced cryptocurrency startups that are revolutionizing the future of fintech.
1. Winter mute
Wintermute was founded in 2017 by Harro Mantel, Evgeny Gaevoy and Yoann Turpin. The main goal of this startup is to provide more liquidity that is required for the cryptocurrency market. In addition, they are interested in introducing innovative decentralized financing for transactional purposes. The startup is currently funding $ 20 million. Fortunately, Wintermute offers sophisticated trading algorithms and technology and provides liquidity to thousands of pairs across trading platforms and most audited international exchanges. Best of all, the company is committed to supporting digital asset sharing and the blockchain for an unpredictable future for the fintech industry.
Nebeus was founded by Konstantin Zaripov, Sergey Romanovskiy. The developing company, based in London, provides a strong bridge by bridging the gap between cash and cryptocurrency. It provides people with crypto-based monetary services for everyday use. Surprisingly, Nebeus raised € 995,000 through a crowdfunding campaign for shares at Seedrs. People can buy, sell, and exchange cryptocurrency efficiently and accurately. The main product is crypto-asset backed loans with health monitoring, fluctuation alerts, built-in and proprietary margin calls.
Coinrule was founded by Gabriele Musella, Oleg Giberstein and Zdenek Hofler. Coinrule is currently funding £ 941,000 and is the smart assistant for exchanging and trading cryptocurrencies while being able to battle automated bots and high funds. The company confirms that it is straightforward and does not require any programming knowledge. CoinRule is a beginner-friendly yet secure platform that sends automated instructions to the exchange chosen by the customer. The company does not require any private keys or withdrawal rights from its customers.
4. Radix DLT
Radix DLT was founded by Dan Hughes and currently funds £ 16.2m. It is a London-based Decentralized Financial Network (DeFi) designed to develop DeFi protocols and provide seamless access, liquidity and programmability for all digital assets all over the world. The primary goal of this company is to provide solutions to complex queries in the current era of a centralized financial system. Radix focuses on three drivers of DeFi growth: access, liquidity, and choice.
Wirex was founded by Dmitry Lazarichev, Georgy Sokolov and Pavel Matveev and is currently funding £ 5.7 million. Wirex’s main goal is to make cryptocurrency and other traditional currencies equally accessible to all. The company has its own personal application and Nex-gen’s Wirx card enables its customers to buy, sell, convert and spend a wide range of digital and conventional currencies with a high level of effectiveness and security with no hidden fees.
As a result, the cryptocurrency sector has undoubtedly gained immense popularity in recent years, affecting the economies of numerous countries. Whenever technological advances are discussed, expanding the blockchain and acquiring cryptocurrency is almost always part of the conversation. In the near future, cryptocurrencies have the potential to enlarge and reshape the landscape of fintech startups.
Companies like Facebook and other tech giants are focused on adopting and integrating cryptocurrency into their network as this is the next big revolution in the fintech industry.
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