Market Share of Fintech Blockchain Industry
The fintech blockchain market is highly fragmented, with the presence of major players like AlphaPoint Corporation, Bitfury Group Limited, Oracle Corporation, Amazon Web Services Inc., and Digital Asset Holdings LLC. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- In October 2023, Cponcover, a blockchain protection company, and AlphaPoint, one of the global financial technology companies providing digital asset infrastructure, partnered to offer an additional layer of protection for AlphaPoint's customers. The partnership is expected to allow AlphaPoint clients to access Coincover's leading asset protection technology, enabling them to mitigate security risks such as hacking, human error, and scams simply and effectively. AlphaPoint's end users will be provided with increased security, increasing the company's credibility as a safety-conscious exchange when security is its customers' top priority.
- In July 2023, cross-chain protocol Axelar and tech giant Microsoft announced a collaboration to bridge public and private blockchains. The partnership would see Axelar joining Microsoft's Azure marketplace, becoming the first cross-chain protocol listed on the developer's online store.
Fintech Blockchain Market Leaders
AlphaPoint Corporation
Bitfury Group Limited
Oracle Corporation
Amazon Web Services, Inc.
Digital Asset Holdings LLC
*Disclaimer: Major Players sorted in no particular order
