More

    Crypto Goes Mainstream: Coinbase CEO On TIME's ‘100 Next' List And 4 Startups Land On ‘Upstart 100'

    Blockchain and Crypto startups are slowly making into the lists of the top 100 V.C eyed ventures. The latest CNBC Upstart 100 and Time magazine rankings have featured a couple of players in the crypto space most notably Coinbase CEO and Co-Founder, Brian Armstrong.

    The Coinbase founder was recognized in the TIME 100 NEXT 2019 category; Armstrong joins other innovators whose startups are less than a decade old. This burner under which Time magazine recognizes game changers in the various industries is a concept borrowed from its long-time TIME 100 Banner which has featured most influential people for over 10 years. Other than Coinbase, Armstrong runs a charity organization dubbed ‘GiveCrypto.Org’ whose main operation is donating digital coins to the less fortunate.

    CNBC Upstart 100 release involves V.C backed firms who have just started; this year’s list featured four players within the cryptocurrency industry which are; Xage Security, Lolli, FintuX and cmorq. According to the CNBC selection criteria, the startups should be worth $50 million or less. The 2019 list was narrowed down from over 600 nominated firms based on their scores in eight quantitative weight categories. Most of the companies that appeared this year are American with only 25% of them under the leadership of women.

    Blockchain and Crypto Startup Stats

    Firms within this industry began featuring in the Time and CNBC ranking a year ago. The number seems to have stagnated although it is much better than none which was the case back in 2017. Switzerland headquartered crypto exchange, ShapeShift AG, was among the blockchain-oriented startups that featured in CNBC’s 2018 list. Other players who have managed the similar recognition include Paystand, Blockstack and Veem; the three deal with payment settlements and DApp ecosystems.

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Lujan Odera
    Lujan Odera
    Lujan is a blockchain technology and cryptocurrency author and editor. He has worked in the field of cryptocurrencies and blockchain technology since 2015 helping him gain enough experience to be the writer he is today. He is known for his simple writing style that allows novices to understand the field in the simplest way.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    3,345FansLike
    2,773FollowersFollow
    4,134FollowersFollow

    Live Bitcoin Price & Latest BTC Charts

    Today's Latest Crypto News

    Microsoft Files Patent To Mine Cryptocurrencies With Verified Body Activity Data

    Giant software manufacturer, Microsoft is seeking to capitalize on the new crypto hype. The firm is seeking to introduce its own cryptocurrency that will...

    Coinbase Commerce Crosses $200,000,000 In Crypto Payments Since Launch

    Covid-19 hasn't kept consumers from using bitcoin (BTC) as a means of payments for goods and services according to a merchant transaction report from...

    Singapore Exempts Binance, Coinbase, Gemini, and Ripple From its Current PSA Crypto Act

    Singapore is counted among one of the crypto hubs of the world as it offers ease of business for these crypto service providers when...

    The World Has Gone Full Crypto in 2020; Volatility is Up, Stocks Are trading like A Sh*tcoins

    The global markets are on a rollercoaster for the past few weeks, one day they are recording historical one-day gains the next they are...

    South Korea May Get A New Crypto Custodian After Largest Bank Files Trademark App

    KB Kookmin Bank, the largest bank in South Korea, is preparing to launch its cryptocurrency custody service as soon as possible. As per the local...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.