Mark Anderson
As we venture into a new decade, we see the proliferation of technology-based startups entering the market. One such industry that has seen significant growth is the cryptocurrency and blockchain sector. This industry has attracted a plethora of innovators, developing new ways to harness this technology for financial services and beyond. All of which contributes to the projection of the UK becoming a hub for these startups, specifically cryptocurrency companies. Today, we would like to celebrate some of these recent startups established in 2020 or later, who are making a significant impact in this sector, operating right from Wales.
Cryptocurrency, a form of digital or virtual currency that uses cryptography for security, has seen significant growth in the past decade. This growth became more evident in the populace since Bitcoin, the first decentralized cryptocurrency, went live in 2009. Following this, numerous other cryptocurrencies have been created and gradually integrated into our financial ecosystem.
The companies featured in this article are all making strides in this industry, each with its unique product offerings and solutions that contribute to the global evolution of finance and beyond. They epitomize innovation, excellence, and a commitment to enhancing the status quo. Let us jump right in and learn more about them.
Marhaba Defi
Marhaba Defi is a unique decentralized financial platform that positions itself as a faith-based organization adhering to ethical business principles. Founded by Naquib Mohammed, this platform fosters financial inclusiveness, targeting communities that are often marginalized by mainstream financial services.
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Stables
Founded by Bernardo B., Daniel Li, David Nichols, and Erez Rachamim, Stables provides a digital wallet for users to transact in stablecoins. Its app allows users to spend, send, and earn stablecoins in a single balance.
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FAMEEX
FAMEEX, founded in 2020, is a high-performance cryptocurrency exchange. It offers a variety of services including spot trading, margin trading, and derivatives among others. The exchange also has a built-in quantitative trading bot for professional traders and beginners alike.
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Ebonex
Ebonex is a startup based in Sydney that operates in the Cryptocurrency, Financial Services, and Trading Platform industry.
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CoinDogg
Based out of Sydney, and founded by Victor Cheong, CoinDogg is a cryptocurrency startup that envisions encouraging a global adoption of digital currency. The enterprise endeavors to contribute significantly to society through its products and solutions.
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Cryptologi.st
Established in 2020, Cryptologi.st is an information hub for all things crypto. The mission of the startup is to make the concept of cryptocurrency easily comprehensible to everyone. From news analysis to investment opportunities, the platform offers services to both newcomers and crypto experts.
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Sidus Heroes
Sidus Heroes is a blockchain and cryptocurrency startup co-founded by Dan Khomenko and Roman Povolotski. They are based in the gaming and online games industry.
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prePO
Focussing on the application space of blockchain and cryptocurrency, prePO, founded by Xavier Ekkel, is a decentralized trading platform. It allows speculation on the value of pre-IPO companies or pre-token projects.
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Verida
Verida, a startup co-founded by Chris Were and Ryan Kris, is a self-sovereign platform that incentivises individuals to unlock their data stored on centralized platforms. They aspire to transform daily used apps and websites just as decentralized finance transformed traditional finance.
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Stamsel
Stamsel, a startup by KA YI CHAN, is an All-in-One platform catering to the needs of both businesses and individuals. The platform aims to make blockchain and AI technology ready for everyone.
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BetaCarbon
A startup by Jules Dickinson, Luke Janssen, and Rebecca Yik, BetaCarbon is the only digital token notionally linked to Australian Carbon Credit Units (ACCUs). They embody the fusion of cryptocurrency and environmental consulting to create a massive impact in the field of Financial Services.
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These are just some of the many promising cryptocurrency startups to have been established in recent years in Wales, UK. They represent not only the diversity of applications for this modern technology but also the various ways in which innovation is being driven forward in the country.
