Digital asset companies are at the forefront of the evolving financial landscape, leveraging blockchain technology to create new ways to manage, trade, and invest in assets. These companies offer a broad range of services, from cryptocurrency trading platforms and tokenization of real-world assets to decentralized finance (DeFi) solutions and digital asset custody.
By integrating traditional financial structures with the flexibility of blockchain, digital asset companies provide secure, transparent, and accessible opportunities for individuals and institutions alike. They are driving innovation, transforming how value is exchanged, and paving the way for a more decentralized, efficient, and inclusive global financial system.
Here are ten digital asset companies that closed the biggest rounds in the first three quarters of 2024.
Flowdesk (France)
Flowdesk is a company that brings together deep expertise from traditional markets and advanced knowledge of algorithmic trading and cryptocurrency.
The company’s innovative trading infrastructure connects with over 140 centralized and decentralized exchanges. By leveraging this technology alongside the industry experience, Flowdesk delivers top-tier crypto finance solutions while prioritizing our clients' interests.
The company has raised $50 million in Series B funding round, which will be used for the obtaining of the digital asset trading licenses in Singapore and the US.
Sygnum (Switzerland)
Sygnum is a global digital asset banking group rooted in Swiss and Singaporean heritage.
The company provides professional and institutional investors, banks, and corporates with trusted access to digital asset services, backed by institutional-grade security and expert support.
Offering regulated banking, asset management, tokenization, and B2B services, Sygnum holds licenses in Switzerland, Singapore, Abu Dhabi, and Luxembourg. Their crypto-native team bridges traditional finance and digital assets, creating a trusted gateway to the future of finance.
The company has raised $40 million, which it will use to enter new markets and broaden its range of regulated products and services in the digital asset sector.
M^0 (Switzerland)
M^0 is a decentralized infrastructure layer for the issuance of cryptodollar assets.
It is an innovative on-chain protocol complemented by off-chain standards and APIs, enabling multiple Minters to issue a fully fungible cryptodollar, $M.
Minters use the protocol to manage $M's supply, while independent Validators ensure transparency by continuously providing data on off-chain collateral stored in top-tier storage structures. The system operates under a unique governance model known as the Two Token Governor, ensuring coordinated and efficient management.
A few months ago, the company raised $35 million which will be used to expand operations.
Timeless (Germany)
Timeless is a European leader and global pioneer in democratizing the collectables market by tokenizing real-world assets on a secure digital platform.
The company makes luxury items like watches, art, cars, and whisky accessible and tradable for everyone, with investments starting from 50€. Their platform handles storage, insurance, and maintenance, while investors track their assets effortlessly. Launched in 2021, Timeless Investments operates under New Horizon GmbH, based in Berlin, and has tokenized over 600 collectables worth more than €27 million.
At the beginning of the year, the company received a €11.5 million investment.
Crossover Markets (UK)
Crossover is a company which separated trade execution from custody and brokerage, allowing them to concentrate on offering the leading institutional-only platform for cryptocurrency trade execution.
Their platform CROSSx is a pioneering electronic communication network (ECN) for digital assets, offering unparalleled speed and customization. Its ultra-low-latency, quote-driven matching technology, advanced interaction rules, and smart order routing provide a competitive edge over traditional Central Limit Order Book (CLOB) models. Institutions can access global liquidity and a next-generation matching engine through a streamlined onboarding process. Potential partners interested in licensing CROSSx's cutting-edge matching engine for superior execution and tailored liquidity solutions can also make inquiries through the platform.
In 2024, the company has raised $12 million, which will be used to invest in its team and technology and to further strengthen its position in the market.
Midas (Germany)
Midas, is a provider of a asset tokenization protocol.
The company ensures asset security through a bankruptcy-remote structure and daily independent reporting by Ankura Trust. Built for DeFi composability, Midas tokens are permissionless, transferable, and auto-compounding, allowing seamless integration with decentralized finance strategies. Operating under full compliance with European regulations, Midas offers secure, transparent investment opportunities for everyone, with no minimum investment thresholds.
In Q1 2024, the company raised $8M in funding which will be used to expand operations and development efforts.
IN1 (Poland)
IN1 is a groundbreaking global platform for unified financial management of both fiat and cryptocurrencies.
Leveraging advanced technology, it integrates seamlessly with other financial services, enabling users to manage all their cards and accounts through a single, user-friendly mobile app. IN1 offers fiat accounts, a crypto wallet, and the world’s first dual fiat and crypto card with a simple switching feature. The platform adheres to the highest regulatory standards and employs advanced security measures to safeguard users' funds.
Recently, IN1 has raised $6 million in seed funding.
SCRYPT (Switzerland)
SCRYPT is a company that leads the crypto asset revolution with a strong focus on transparency and trust.
The company specializes in delivering customized solutions for a wide range of clients, from established financial institutions to cutting-edge web3 startups.
SCRYPT’s mission is to drive the transition to a new financial era with integrity and innovation. Offering a comprehensive range of services, including trading, custody, staking, and investment management, they are not merely embracing the blockchain ecosystem—they are actively shaping its future.
At the end of May, the company has raised $5 million.
Ouinex (France)
Ouinex is a regulated, secure crypto and derivatives trading platform designed for low latency and competitive fees.
It integrates traditional finance (TradFi) infrastructure into Web3, offering innovative cross-margining capabilities that allow users to trade TradFi instruments using crypto as collateral. The platform is tailored for experienced traders from the TradFi space, ensuring a committed and active community. With tokens distributed directly on the platform, Ouinex has secured a dedicated user base ahead of its product launch.
With their latest $4 million round, the company intends to use the funds to further develop and enhance its platform, and to secure additional regulatory licenses.
Cryptosmart (Italy)
Cryptosmart is a unique cryptocurrency platform based entirely in Italy and domiciled within the European Union, setting it apart from other exchanges that often lack transparency.
Unlike platforms with unknown ownership and offshore accounts, Cryptosmart provides clear ownership information, a verifiable address, and operates within EU regulations. With a commitment to transparency and legal accountability, Cryptosmart ensures users know who they are dealing with and offers accessible, trustworthy service.
In April, the company raised €3.5 million and completed the acquisition of IBX AG.
Would you like to write the first comment?
Login to post comments