21.co Revenue, Valuation, Funding & Investors

Babel Finance is a cryptocurrency financial services firm offering lending, asset management, and prime brokerage to high-net-worth individuals and institutions. Licensed in Singapore and operating globally from its Hong Kong headquarters, it processes over $1 billion in monthly collateralized loans at competitive rates. The platform supports major assets like Bitcoin, Ethereum, and stablecoins through OTC trading desks and custody solutions partnered with Fireblocks. Babel Finance facilitates structured products including yield farming and hedging strategies.

NYDIG is a New York-headquartered platform offering Bitcoin financial services to institutions, high-net-worth individuals, and banks. Services encompass asset management, custody, trading execution, derivatives, and lending secured by Bitcoin collateral. Compliant with SOC 2 standards, NYDIG provides OTC desks and research reports on network metrics. Launched in 2017 as a Stone Ridge affiliate, it custodies billions in Bitcoin across global clients.

Aptos Labs is a Palo Alto-headquartered Web3 company building the Aptos Layer 1 blockchain, emphasizing scalability with parallel execution and the Move programming language. Founded in 2021 by former Meta Diem team members, Aptos Labs powers DeFi, gaming, and NFT applications for developers worldwide.

CertiK is a New York-based blockchain security auditor founded in 2018 by Yale and Columbia professors. The firm has secured over $200 billion in DeFi value through AI-driven smart contract audits and formal verification for protocols like Binance Smart Chain and Polygon. With 300 employees, it monitors 10,000 projects via Skynet platform, detecting exploits in real-time.

Copper is a London-headquartered custody and trading platform for institutional digital assets. It safeguards over $5 billion in client assets including Bitcoin and Ethereum using multi-party computation wallets and air-gapped storage. The ClearLoop network facilitates off-exchange settlement with exchanges like Binance and Coinbase Prime, while its lending service offers uncollateralized loans.

Morpho is a Paris-headquartered decentralized lending protocol on Ethereum and Base blockchains, managing over $2 billion in total value locked. It offers optimized lending markets with dynamic interest rates and collateralized loans for assets like ETH, BTC, and stablecoins. Integrated with wallets such as MetaMask and Ledger, Morpho enables permissionless vaults for yield farming. Launched in 2022, it partners with Aave and Compound, serving DeFi users globally with non-custodial borrowing.

Mysten Labs is a Palo Alto-headquartered developer of web3 infrastructure. It created the Sui blockchain, a layer-1 network using Move programming language for high-throughput DeFi and gaming applications. Founded in 2021 by former Meta Diem engineers, Mysten Labs provides wallets, indexes, and RPC nodes supporting thousands of daily transactions. The firm partners with exchanges like Binance for Sui token listings.

Polygon is a layer-2 scaling platform for Ethereum and web3 applications. The network supports zkEVM, optimistic rollups, and sidechains, hosting protocols like Aave and Decentraland. Polygon operates from India with global nodes, processing transactions for decentralized finance and NFTs through its proof-of-stake chain.

RedotPay is a Hong Kong-based fintech platform bridging cryptocurrency and fiat payments. Users access Visa and Mastercard debit cards loaded with USDT and USDC, alongside a multi-currency wallet for global transfers. The service includes crypto earning via staking, OTC trading, and business payout tools. Launched in 2022, RedotPay serves customers in over 150 countries with regulatory compliance in multiple jurisdictions.

TRM Labs provides blockchain intelligence tools for financial institutions, crypto firms, and agencies like the FBI and IRS to detect and investigate cryptocurrency crimes. Trusted by clients including PayPal, Visa, FTX, Uniswap, and Anchorage, the company has raised over $79 million from investors such as JPMorgan Chase, Citi, and Tiger Global. Operating remotely with hubs in San Francisco, Washington, DC, and London, TRM employs experts from the U.S. Secret Service, Treasury, and Coinbase.

0G Labs is a San Francisco-headquartered blockchain infrastructure company developing modular data availability layers for decentralized applications. The firm emphasizes AI-integrated rollups and zero-knowledge proofs for scalability in DeFi and gaming sectors. Founded in 2023, it raised seed funding to build interoperability with Ethereum and Solana ecosystems.

Rain is a New York-based infrastructure provider enabling stablecoin wallets, payment cards, and cross-border transfers via a single API for fintech platforms and banks. Partners convert fiat to USDC or PYUSD, issue Visa-linked virtual cards, and settle merchant payouts globally. Launched in 2022, the platform handles KYC verification, AML screening, and connections to networks like Visa Direct and Circle.

Sky Mavis is a Ho Chi Minh City-headquartered blockchain gaming studio behind Axie Infinity, a play-to-earn game with over 2.5 million daily active users on Ronin sidechain. The company develops NFT marketplaces, decentralized wallets, and metaverse tools using Ethereum-compatible infrastructure, enabling token economies with AXS and SLP assets. Founded in 2018 by Vietnamese entrepreneurs, Sky Mavis raised strategic investments from Andreessen Horowitz and has expanded to web3 titles like Pixels on mobile platforms.

2TM is a blockchain infrastructure provider for financial markets, headquartered in Sao Paulo, Brazil. Founded in 2013, it operates Mercado Bitcoin, Latin America's largest cryptocurrency exchange handling over $10 billion in annual volume. The platform facilitates secure trading, custody, and investment operations across 15 countries. 2TM supports institutional clients with staking services and tokenized assets on Ethereum and Solana networks.

SharpLink Inc is one of those publicly traded companies to adopt ETH as its primary treasury reserve asset - a move that aligns the company with the future of digital capital and gives investors direct exposure to Ethereum, a smart-contract platform and a digital asset. The company is also a trusted marketing partner to sportsbooks and online casino gaming operators world-wide. Through its iGaming affiliate marketing network, SharpLink owns and operates a portfolio of direct-to-player, state-specific, affiliate marketing websites designed to attract, acquire and drive local sports betting and online casino gaming traffic to its valued partners which are licensed to operate in each respective state.

Securitize Holdings Inc provides a platform for tokenized real-world assets specializing in tokenizing real-world assets (RWAs) like funds, equities, and fixed income on blockchain networks. The company operates across two primary verticals: i) Tokenization: It consists of on-chain infrastructure and tokenization & distribution, ii) Asset Servicing: It covers post-issuance transfer agent and fund management services. The majority of the company's revenue is derived from the Tokenization vertical.

Derayah Financial deals in securities, managing investments and operating funds, arranging securities transactions, providing advisory services on securities, and custody of securities. The group's operating segments include: Brokerage, Asset Management, Investment, and Investment Property. It generates the majority of its revenue from the Brokerage segment.

HBM Healthcare Investments Ltd is a Switzerland-based holding company. The firm actively invests in the human medicine, biotechnology, medical technology, and diagnostics sectors and related areas. The company holds and manages an international portfolio of companies.