Mark Anderson
The rise of cryptocurrencies and the Ethereum blockchain in particular have created a wave of innovation and disruption across industries. This article highlights companies, that came into inception in 2020 and later, leveraging Ethereum to transform sectors such as Finance, Cryptocurrency, and E-commerce. With headquarters based in London, these startups are combining blockchain technology with localized resources to create unique and impactful solutions.
Ethereum, a blockchain-based software platform, enables developers to build and deploy decentralized applications. Its associated cryptocurrency, Ether, serves as a platform for smart contracts—self-executing contracts without intermediaries. As the second-largest digital currency by market capitalization after Bitcoin, it has spurred a surge of startups that are leveraging its potential to disrupt existing business models.
These listed companies have surfaced among a plethora of startups in the UK, providing a unique blend of products and services. They bring transparency, democratization of resources and innovative solutions to their respective sectors. In the following paragraphs, we present a brief overview of these startups. Read on to explore how they each uniquely leverage the power of Ethereum blockchain technology.
DFX Finance
Founded by Adrian Li and Kevin Zhang, DFX Finance is a decentralized finance exchange protocol optimized for non-U.S. dollar stable coins. As a new player in the Blockchain, Cryptocurrency, Ethereum, Financial Exchanges, and FinTech industries, the company is strategically located in London, England, United Kingdom. DFX Finance aims to reform finance with blockchain technology. Follow DFX Finance on @dfxfinance and LinkedIn.
Tokenplace
Tokenplace is an Ethereum-based startup co-founded by Dmitry Knox, Evgeny Grachev, and Nina Knox. It’s an online trading platform that provides traders with easy access to compare prices of tokens from several cryptocurrency exchanges. Their API functionality allows users to link their trading accounts and access unified portfolio tools. Tokenplace is bridging gaps in the Bitcoin, Cryptocurrency, Finance, Financial Services, FinTech, and Trading Platform spheres with its unique services. Engage with Tokenplace on @TokenplaceTOK and LinkedIn.
Axes
With the aim of democratizing finance, Axes, founded by Khaleel Musleh, offers a platform that connects cryptocurrency with equity, and offers trading on several asset classes commission-free. They strive to create a financially inclusive world where investing, income generation, and money management are accessible for all. Reach out to Axes on @Axes_trade, Facebook, and LinkedIn.
HAL
HAL, an Ethereum-based company co-founded by Manlio Poltronier and Matteo Scurati, provides blockchain monitoring services making it possible to connect any smart contract with centralized applications. Acting as a centralized lighthouse in the world of Blockchain, Ethereum, Information Technology, and Software sectors, HAL establishes a unique position with its services. Find HAL updates on @HAL_team and LinkedIn.
Railgun
Railgun is a smart contract solution that brings privacy to cryptocurrencies and Decentralized Finance (DeFi). By ensuring the protection of user data in the blockchain and Ethereum sectors, the UK-based startup is transforming how privacy is viewed in cryptocurrency. Updates about Railgun can be found on Twitter at @railgun_project.
Honest Gallery
Founded by Sam Enrico Williams, Honest Gallery provides a platform for Non-fungible tokens (NFT) owners and creators to display their unique digital and physical works. By working at the intersection of Art, Cryptocurrency, and Ethereum, they’re integrating innovation and creativity in a unique way.
NFT Intellect
Also founded by Sam Enrico Williams, NFT Intellect undertakes collective rights management for NFT works, representing songwriters, composers, artists, and music publishers. They ensure that their clients’ material rights are protected and royalties are collected on their behalf. Follow them on Twitter at @NFTIntellect.
Walio
Walio is a London-based startup on a mission to revolutionize the Bitcoin, Blockchain, Cryptocurrency, E-Commerce, Ethereum, Finance, and Financial Services sector. Follow them on Twitter at @walio_official and LinkedIn.
Obscuro Labs
Co-founded by Cais Manai, Gavin Thomas, James Carlyle, and Tudor Malene, Obscuro Labs is bringing privacy to Ethereum. Their innovative layer 2 solution ensures that inputs, ledger state, and execution are always encrypted. Follow Obscuro Labs on Twitter at @obscuronet and LinkedIn.
Bulk Token Sender
Known for their cost-effective token distribution solutions, Bulk Token Sender provides the means to send and distribute ERC20, ERC721, & ERC1155 tokens to multiple addresses. Engage with Bulk Token Sender on Twitter at @bulktokensender and Facebook.
In conclusion, Ethereum continues to foster an ecosystem of innovative startups, with London-based companies leading the way in the UK. These startups are crafting solutions that are bringing a paradigm shift and setting the trend for others to follow.
