In this line, data acquired by Finbold indicates that three cryptocurrency firms with a cumulative valuation of $42.3 billion made it to the list of top 10 leading fintech unicorns globally as of Q4 2022. The top ten fintech unicorns account for a total valuation of $273.7 billion.
A breakdown of the crypto firms shows that United States-based Ripple has a valuation of $15 billion to rank fifth overall. Blockchain.com ranks sixth overall with a valuation of $14 billion. Non-fungible tokens (NFTs) marketplace OpenSea with a valuation of $13.3 billion, emerged as the eighth most valuable fintech unicorn globally.
Elsewhere, payment giant Stripe is the most valuable unicorn at $95 billion, followed by Checkout.com at $40 billion. United Kingdom-based challenger, bank Revolut, is third at $33 billion, followed by Chime at $25 billion.
Impact of Crypto Unicorns
This story is from the May 2023 edition of Business Today Sri Lanka.
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This story is from the May 2023 edition of Business Today Sri Lanka.
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