Mark Anderson
The UK is rapidly becoming a breeding ground for innovative blockchain start-ups, particularly in Wales. With the dawn of the new decade, a notable flux of budding entrepreneurs had flooded the marketplace, eager to disrupt, innovate, and claim the throne in the blockchain industry. In this article, we will spotlight some of them, all of which were established in 2020 or later and have their headquarters located in Wales.
The blockchain industry – a decentralized and distributed digital ledger used in various applications such as cryptocurrencies like bitcoin – offers immense potential for the business world. From enhancing operations to transforming service delivery, the demonstrated potential is evident. These pioneering names are casting ripples across the industry and shifting paradigms in the process.
Allow us to guide you on a journey through the landscape of these Welsh blockchain startups. We’ll provide a snapshot of what they do, the markets they’re set to disrupt, and the enterprising minds behind the projects. So, without further ado, let’s dive into the thriving world of blockchain startups in Wales.
OctoFi
Founded by Octavius Octavius and OG OG, OctoFi‘s operations span across blockchain, developer platform, finance, and FinTech. The firm’s dynamic approach towards digital economy places it at the forefront of the burgeoning blockchain industry.
FAMEEX
FAMEEX is a robust cryptocurrency exchange platform, providing services in spot trading, margin trading, derivatives, and a built-in quantitative trading bot. The firm, incepted in 2020, is dedicated to reshaping the financial landscape with its cutting-edge tools and platform.
RedBelly Network
RedBelly Network ticks the boxes of Blockchain, Software, and Web Development. The company’s solid portfolio of projects underscore its commitment to delivering real-world applications of blockchain technology.
AIRSOLAR Capital
AIRSOLAR Capital, founded by Geoffrey Brown, marries blockchain technology with renewable energy. The company aims to use this innovative technology to accelerate the world’s transition to sustainable energy through concessional smart loans to utility-scale renewable energy projects, including solar and wind projects.
Aus Merchant
Aus Merchant is a dynamic startup providing digital currency solutions. Their services encompass banking, trading, and financial services using innovative tools catering to their client’s financial objectives.
Xchainge
Co-founded by Eoin Tarleton and James Cronan, Xchainge is a fintech firm specialising in blockchain technology, finTech, Lending, and software development.
Sidus Heroes
Sidus Heroes, created by Dan Khomenko and Roman Povolotski, blends blockchain technology with the gaming industry. The company adds a refreshing spin to the online gaming industry with its innovative concepts.
prePO
prePO, led by Xavier Ekkel, is a futuristic trading platform allowing anyone, anywhere to speculate on the value of any pre‑IPO company or pre‑token project. This bold innovation propels the company to be a rising star in the blockchain and Cryptocurrency industry.
Verida
Verida, co-founded by Chris Were and Ryan Kris, is a self-sovereign platform designed to incentivise users to unlock data stored on centralized platforms, visually transforming the decentralized data storage industry.
Avocado Guild
Guided by Brendan Wong, Avocado Guild is an NFT-based play-to-earn blockchain gaming company. The firm brings an exciting new layer of enjoyment and profitability to blockchain gaming.
The Red Village
The Red Village combines blockchain technology with gaming to create a groundbreaking dark-fantasy Play and Earn game. Their innovative approach is set to reimagine what the future of blockchain gaming looks like.
As more innovative minds leap into the sector, we’re bound to witness upwards trends in the blockchain industry in Wales. These startups are not just transforming industries but also becoming the building blocks of tomorrow’s blockchain economy. The future, it seems, is here.
