Stablecoins, exchanges, tokenised assets and the rails being built alongside the banking system. Its clearest real use in this map is moving money across borders and to people the banking system never reached.
1solutions
8public companies
4private, mutual, nonprofit, state
$364Bpublic market value
Its neighbourhood
Everything this entry connects to directly. Click any point to follow it.
Public companies
| Organisation | Market value | Products | Serves |
|---|---|---|---|
| Robinhood Markets HOOD | $100B | commission-free brokerage, crypto, tokenised stocks | Robo-advisors, Tax-advantaged retirement accounts, Stablecoins and digital wallets |
| Strategy (MicroStrategy) MSTR | $90B | bitcoin treasury company | |
| Coinbase COIN | $80B | exchange, custody, USDC partnership | Stablecoins and digital wallets |
| Block XYZ | $45B | Cash App, Square, Afterpay | Digital-first banks, Buy-now-pay-later, Stablecoins and digital wallets |
| Circle Internet Group CRCL | $30B | USDC stablecoin | Stablecoins and digital wallets |
| Galaxy Digital GLXY | $10B | crypto asset management, data-centre conversion | |
| MARA Holdings MARA | $6B | bitcoin mining, energy | |
| Gemini GEMI | $3B | exchange, credit card | Stablecoins and digital wallets, Starter and secured credit cards |
Private, mutual, nonprofit and state
| Organisation | Valuation | Products | Serves |
|---|---|---|---|
| Tether | USDT stablecoin, US Treasury holdings | Stablecoins and digital wallets | |
| Polymarket | $9B | prediction markets | |
| Kalshi | $5B | regulated event contracts | |
| Kraken | $15B | exchange, tokenised stocks | Stablecoins and digital wallets |