CRYPTO CHANGE: THE MOST VALUED STARTUPS IN THE WORLD

CRYPTO CHANGE: THE MOST VALUED STARTUPS IN THE WORLD 2% of unicorns, that is, start-ups with valuations exceeding $ 1 billion, are from companies in the blockchain and cryptocurrency industries. What are they, what has been their progression in recent years? Focus on the future giants of virtual currencies. CRYPTO CURRENCY: STARTUPS VALUED AT MORE THAN ONE BILLION DOLLARS startup-unicorn-cryptocurrency-stock exchange Startups exceeding a billion valuation are called unicorns, given their rarity. The young shoots that manage to gain momentum quickly to disrupt the established model and establish themselves in their markets are indeed few in number. The threshold of one billion valuation is therefore difficult to achieve. We can therefore consider that the famous unicorns have everything to become the champions of tomorrow. These tech companies come to challenge the heavyweights of finance.

Essentially American, crypto-related fintechs are positioning themselves in an emerging market, not to say stammering, which should grow in the years to come. CRYPTO CURRENCY AND EXCHANGE: THE STRONGEST PROGRESSION If cryptocurrencies are digital assets not listed on the stock exchange, the companies that issue them or allow investors to position themselves on these assets can, in theory, be floated on the stock exchange. However, those companies which surf on the lack of control of tokens by a central bank or any financial institution do not seem in a rush to join a stock exchange and suffer the constraints of a stock market listing. However, their valuation sometimes reaches considerable sums and their growth is extremely rapid. Ripple, with its $ 10 billion valuation, is a far cry from Apple's nearly 20 times market cap, but the size of the company is far from negligible - far from it. And its stock market valuation has doubled over one year! It is among the 10 startups whose value has increased the most over one year, according to the Hurun Global Unicorn Index 2020. * Your capital is subject to risk

RIPPLE: THE NEW BITCOIN IN THE HEAD So it's no big surprise that Ripple is the number one unicorn in the virtual currency industry. This virtual currency based on blockchain technology is owned by a very small number of players, including the creators of the network. 61.3% of the 100 billion XRP coins are owned by the issuing company, hence the importance of its valuation and the correlation of valuation with that of the token price. It should also be remembered that Ripple is much more than a cryptocurrency since it is also a digital payment protocol intended to facilitate interbank payments.

COINBASE: THE AMERICAN CRYPTO CURRENCY EXCHANGE PLATFORM Coinbase, valued at $ 8 billion, has more than 35 million users in 100 countries around the world. It is the first regulated exchange in the world. The exchange platform that allows you to invest in cryptocurrencies by buying, selling and storing tokens has a bright future ahead of it, given the boom in the sector, Bitcoin in the lead since the value of BTC portfolios is 'amounted to $ 169 billion as of June 30 on the platform. But Ethereum's success is also a growth engine for the industry in general and the Coinbase platform in particular. BINANCE: RECORD GROWTH FOR THE WORLD'S VIRTUAL CURRENCY EXCHANGE PLATFORM But the Coinbase exchange has many competitors and among them the most serious is arguably Binance. The company valued at 3 billion dollars, far behind Coinbase therefore, recorded a record growth this year which raises it to the range of very promising challenger.

As a result, Binance has gained 30 places this year in the Hurun Global Unicorn Index 2020 and placed 108th step of the unicorns ranking.