Top 5 Unicorns in Asia
You’ve got $50 million revenue rate, less than 100 employees, and you’re worth $500 million in papers or otherwise. Not only that, you were also able to disrupt the market six months since you have been established, in a very good way. Congratulations, you’ve got the formula for a perfect startup down pat. Now what comes next? Like any other business, a startup runs on a scalable business model which is meant to grow exponentially in the years to come. That being said, how long does a startup last before it falls out of the classification? What happens when it gets the venture funding that....
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Twice as many European startups have achieved unicorn status in 2021 compared to last year. Despite the negative effects of the ongoing Covid crisis, young companies on the Old Continent, including several crypto unicorns, have managed to attract a record high amount of VC capital. European Unicorns Collect €32.5 Billion in 2021 This year alone, 23 companies in Europe and Israel have become unicorns (startup companies valued at over $1 billion), beating last year’s total of eight, according to a report by financial data and software firm Pitchbook. European startups have....
Recently, Messari Crypto Researcher, Mira Christanto published a report that looks into Asia’s cryptocurrency landscape in-depth, as 60% of the world’s population resides in the region. Christanto’s study shows that six out of the top ten largest cryptocurrency unicorns are located in Asia. Moreover, 98% of ethereum-based futures and 94% of bitcoin futures volumes stem from Asia. Asia’s Financial Landscape Is Ripe for Disruption When it comes to cryptocurrencies, Asia accounts for a huge number of crypto users, companies, miners, traders, and more. The....
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Crypto activity in Asia is equivalent to that in the U.S. and Europe combined. Research by Messari has delved into the Asian crypto landscape and revealed the region accounts for almost half of all digital asset trading, and boasts six of the top ten largest crypto unicorns.The report, penned by research analyst Mira Christanto, confirmed that China, Japan, Korea, Hong Kong, and Singapore, are market leaders with deep pools of liquidity, adding that other Asian countries also have great potential to scale.“With Asia accounting for 60% of the world population, infrastructure companies....