The cryptocurrency sector has produced many multi-billion dollar companies over the past nine years. Most notably, Coinbase, Binance, Bitmain, Bitfinex, UPbit, Bithumb, and Canaan have evolved into billion dollar juggernauts, competing against major conglomerates in regions like the US, South Korea, and Japan.
San Francisco-based Coinbase now has over 20 million users, nearly as many as asset management giant Fidelity Investments and twice as much as Charles Schwab. Coinbase reportedly values itself as an $8 billion company and is even exploring the possiblity of applying for a more-traditional banking license.
