New wave · Worldwide

New crypto and Web3 startups, founded 2020 on

The new wave: 710 crypto and Web3 startups founded in 2020 or later that have raised money in rounds we track, $7.8B between them, placed in 8 segments.

710startups on the map
8segments
$7.8Braised between them
NFTs and gamingmost funded segment

NFTs and gaming

179

+155 more

Blockchain infrastructure

165

+141 more

DeFi

125

+101 more

Exchanges and trading

104

+80 more

Stablecoins and payments

71

+47 more

Wallets and custody

32

+8 more

Security and analytics

20

Tokenisation and real-world assets

14

Segment by segment

NFTs and gaming

179 startups · $1.9B raised

  1. Yuga LabsYuga Labs is a Web3 company founded in February 2021, known for creating the Bored Ape Yacht Club (BAYC) NFT collection and develoUnited States$450M
  2. Limit BreakLimit Break is a Web3 gaming company founded in 2021 by Gabriel Leydon and Halbert Nakagawa, both experienced in the gaming industry.United States$200M
  3. EEveryrealmDevelops and invests in businesses related to virtual worlds and social video gaming, an ecosystem also known as immersive media.United States$60M
  4. DoodlesDoodles is an entertainment company focused on creating immersive storytelling experiences through original content, music, digitaCanada$54M
  5. SMSPF METASPF META develops blockchain games using blockchain technologies.Hong Kong SAR China$50M
  6. RECURRECUR designs and develops on-chain branded experiences for fans to buy, collect, and re-sell NFTs.United States$50M
  7. Astra NovaAstra Nova is pioneering the future of interactive entertainment.British Virgin Islands$48M
  8. Animoca Brands KKAnimoca Brands KK is a Web 3 enterprise that offers development of platforms utilizing blockchain technology and NFTs.Japan$45M

Blockchain infrastructure

165 startups · $1.8B raised

  1. Story ProtocolStory Protocol is a creator of web3 technology that aims to change the way narrative universes are formed.United States$80M
  2. EigenLabsEigenLabs is a blockchain infrastructure startup that enables the restaking of ETH across various decentralized applications.United States$70M
  3. EEktaChainEktaChain is a Layer 1 blockchain project that connects the physical world with Web3.-$60M
  4. Jito LabsJito Labs is a leading infrastructure provider for the Solana blockchain, focusing on low-latency Maximal Extractable Value (MEV) solutions.United States$60M
  5. SuccinctSuccinct builds zero-knowledge infrastructure for developers.United States$55M
  6. DECADeca is a display and discovery infrastructure for NFTs.United States$51M
  7. Andalusia LabsAndalusia Labs is a blockchain security and digital asset risk management infrastructure company, previously known as RiskHarbor.United States$48M
  8. TurnkeyTurnkey is a blockchain technology company based in New York, founded in 2022.United States$43M

DeFi

125 startups · $896M raised

  1. MorphoMorpho is an open-source DeFi lending protocol that connects lenders and borrowers globally.France$175M
  2. Chaos LabsChaos Labs is a financial technology company focused on on-chain risk management, economic security, and incentive optimization foUnited States$55M
  3. WonderFiWonderFi is a technology company that provides individuals with access to financial services through DeFi.Canada$35M
  4. UmeeThe most programmable, safety-first lending blockchain for Web3United States$32M
  5. Sei LabsSei Labs is the layer 1 blockchain uniquely optimized for DeFi.United States$30M
  6. SolendSolend is a DeFi borrowing and lending platform that allows users to borrow or lend crypto funds.United States$26M
  7. ImmunefiImmunefi is a leading onchain crowdsourced security platform and bug bounty program tailored for Web3, blockchain, and decentralizSingapore$24M
  8. Badger DAOBadger DAO is a bitcoin-based decentralized finance platform that allows users to trade crypto tokens.Canada$21M

Exchanges and trading

104 startups · $1.8B raised

  1. BGBullish GlobalBullish Global is a new blockchain-based cryptocurrency exchange designed to combine the performance.-$300M
  2. Flying TulipFlying Tulip is an on-chain financial marketplace and decentralized exchange based in San Francisco, California, with operations aUnited States$226M
  3. UnizenUnizen is a Web3 and crypto trading platform that functions as a cross-chain DEX aggregator.Liechtenstein$200M
  4. SSerumSerum operates as a decentralized exchange (DEX) platform focusing on the financial ecosystem.United States$100M
  5. NovigNovig is a U.S.-based sports prediction market and trading app that offers a commission-free, peer-to-peer betting experience on sUnited States$93M
  6. EDX MarketsEDX Markets is an institutional-only cryptocurrency exchange based in Hoboken, New Jersey, founded in 2022.United States$76M
  7. Architect Financial TechnologiesThe first U.S.United States$54M
  8. VariationalVariational is a peer-to-peer trading protocol for perpetuals and generalized derivatives, built on Arbitrum.Cayman Islands$52M

Stablecoins and payments

71 startups · $1.0B raised

  1. RedotPayRedotPay is a Hong Kong-based fintech company founded in April 2023 by Michael Gao and Jonathan Chan.Hong Kong SAR China$194M
  2. OpenFXOpenFX is a fintech startup based in New York, founded in January 2024 by Prabhakar Reddy, who previously co-founded FalconX.United States$94M
  3. SlashSlash is a financial technology company that offers deposits, payments, virtual cards, and expense tracking.Singapore$82M
  4. FunFun is a financial infrastructure company focused on developing global, programmable, and always-on financial services.United States$82M
  5. n3xtN3XT is a full-reserve bank based in Cheyenne, Wyoming, specializing in instant, programmable business-to-business (B2B) payments in U.S.United States$72M
  6. BraleBrale Inc.United States$30M
  7. WSPNWSPN (Worldwide Stablecoin Payment Network) is a provider of stablecoin infrastructure based in Tortola, British Virgin Islands.Singapore$30M
  8. OnrampONRAMP is a card payment solution for truck drivers.United States$28M

Wallets and custody

32 startups · $201M raised

  1. MPCHMPCH provides Enterprise Key Management infrastructure that enables financial institutions to fully secure and manage their digitaUnited Kingdom$40M
  2. EntropyEntropy provides crypto custody services to keep private keys secure and make assets available on demand.United States$25M
  3. Nifty IslandNifty Island is a social gaming platform that allows players to create and explore user-generated islands.United States$20M
  4. Belobelo is a global digital financial technology company that specializes in international virtual wallet solutions.United States$15M
  5. MMintlayerMintlayer is a cryptocurrency wallet that allows its users to store their Bitcoin, MLT tokens, and more securely.Italy$12M
  6. SuperdaoSuperdao is a Web3 wallet analytics platform and DAO creation and management tool based in San Francisco, California.United States$11M
  7. CubistCubist is a security-focused infrastructure company based in San Diego, California, founded in 2022.United States$7.0M
  8. BeobleBeoble is a Web3 social messaging and communication platform founded in 2021 and based in Singapore.Singapore$7.0M

Security and analytics

20 startups · $156M raised

  1. Axelar NetworkAxelar Network is a decentralized interoperability platform that serves as a universal router for the Web3 ecosystem.Canada$30M
  2. SpectralSpectral is an Israeli startup and key innovator in developer-first security tools designed by developers for developers.United States$23M
  3. PredicatePredicate is a programmable policy platform designed for blockchain applications.United States$16M
  4. CipherOwlCipherOwl is an AI-powered intelligence platform focused on institutional cryptocurrency compliance and on-chain data analysis.United States$15M
  5. NotabeneNotabene is a New York-based FinTech and RegTech company founded in 2020.United States$12M
  6. HexagateHexagate provides real-time web3 security and data API services.-$8.6M
  7. KigoKigo is a digital advertising and loyalty platform founded in 2023 as a subsidiary of Augeo, based in St.United States$8.3M
  8. SatLayerSatLayer is the leading restaking platform unlocking Bitcoin's full potential for capital efficiency, liquidity, and shared security.Singapore$8.0M

Tokenisation and real-world assets

14 startups · $67M raised

  1. LibearaLibeara (Singapore) Pte.Singapore$28M
  2. IYKIYK (Identify Your Kit) is a New York-based Web3 technology company founded in 2021.United States$17M
  3. FandoFando Network is a developer of a tokenization platform for sports, esports creators, and fans.Singapore$5.0M
  4. TranchedTranched is a London-based financial technology company that offers a blockchain-powered SaaS platform designed to automate securiUnited Kingdom$3.4M
  5. BrickkenBrickken is a financial software company based in Barcelona, Spain, founded in July 2020.Spain$2.5M
  6. OpenDeltaOpenDelta is a software development company based in the United Kingdom, focusing on blockchain technology and crypto financial products.United Kingdom$2.1M
  7. Bluebell indexBluebell Index is a Brazilian climate fintech based in São Paulo, founded in 2022.Brazil$2.0M
  8. ElmntsElmnts is a blockchain-based platform that specializes in the tokenization of commodities, focusing on mineral rights and oil & gaUnited States$2.0M

How this map is made. Every startup here has raised money in rounds we track, and was founded in 2020 or later. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in crypto and Web3, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

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