The future of crypto and blockchain: Fintech 50 2025

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n 2024, Crypto finally went current. The approval of a dozen FNB Bitcoin triggered a flood of institutional capital, transforming what had been a market dominated by retail speculators in a single wider acceptance at Wall Street. Then came the electoral victory of Donald Trump, who raised digital assets in the hope that his administration will inaugurate a golden age for the crypto. In December, Bitcoin broke the $ 100,000 mark.

Trump’s pro-Crypto position became clear early, marked by key appointments and orders: the entrepreneur and venture capital David Sacks was appointed AI and Czar Czar, Scott Bessent, took over to the treasure, and the ‘Former SEC commissioner, Paul Atkins, was appointed to lead the regulatory agency. Trump also signed a decree entitled “Strengthening American leadership in digital financial technology”, which, among other initiatives, called for the evaluation of “national storage of digital assets”.

In this climate, companies like appear, Securitize and Fireblocks have prospered, amounting to some of the most important trends in the industry.

Take real tokenized assets (RWAS) – A concept that has gone from the word to fashion to a billion dollars. Example: Figure, co -founded by the former CEO of Sofi Mike Cagney, applies blockchain technology to traditional loans, having more than $ 13 billion in line credit. Securitized, meanwhile, has teamed up with Blackrock to launch Buidl, a tokenized US treasure product that has already attracted $ 640 million in investments.

Then there is Fireblocks, a leader in cryptographic infrastructure. Having obtained more than 6 billions of dollars in digital asset transactions, the company does not slow down. It recently introduced a state-regulated childcare platform and commercial optimization tools led by AI designed to meet the growing needs of institutional customers.

Here are the three fintech companies that made the fintech 50 in 2025:

Figure

Headquarters: New York, New York.

Co -founded by the former CEO of Sofi Mike Cagney, Figure uses technology to accelerate the process of obtaining a line of capital (Heloc). It also has a personalized blockchain platform that tokenise (that is to say secure) and sells helicopter to investors eager for return via its own private credit market. Revenues from the figure increased by more than 50% in 2024 to $ 324, compared to $ 196 million in 2023, with a gross margin of 55%. About 70% of its 150,000 customers have traveled more than 200 fintech and mortgage banking partners, including real estate platforms such as the rate (old rate guaranteed) and the Karma Credit of Intuit. In April, Michael Tannenbaum, a former Brex executive, became CEO and Cagney became executive president.

Funding: $ 500 million in Apollo, Morgan Creek and Ribbit, among others.

Last evaluation: $ 3.2 billion.

Date of the last evaluation: May 2021.

Bona Fides: Its software has been used to come from more than $ 13 billion in heloc.

Co -founders: Executive President Mike Cagney, 53; June or 59, previously president and now advisor.

CEO: Michael Tannenbaum, who had previously held the posts of leader at Sofi and director of the farm in Brex before joining the figure in 2024.

Fire loops

Headquarters: New York, New York.

Its software helps investors, as well as institutions like Worldpay, Revolut, BNP Paribas and Bny Mellon, hold cryptocurrencies safely. The company, which was not profitable in 2024, despite the reservation of $ 124 million in revenues, spending significant for new initiatives to support digital asset activities, from banks to startups. The launching of notable products in the past year include a regulated limited limited use of New York -state trustee designed to offer customers’ custody and an artificial intelligence tool that helps customers be more Sensitive to market events with their trading activity.

Funding: $ 1 billion from Spark Capital, Cyberstarts and Coatue, among others.

Last evaluation: 8 billion dollars.

Date of the last evaluation: January 2022.

Bona Fides: Since the Foundation, its infrastructure has supported more than 6 billions of dollars in trades.

Co -founders: CEO Michael Shaulov, 42, who previously founded the Lacon Mobile Security cybersecurity startup; The Director of Technology Pavel Berengoltz, 48 years old; Product Manager Idan Ofrat, 43.

Secure

Headquarters: Miami, Florida.

Securitizing puts real assets such as treasury bills or private actions on blockchains to make them easy to buy and sell for investors. Its flagship product is BUIDL, a tokenized cash product launched in March 2024 in partnership with BlackRock, which has 11 billions of dollars of assets under management. BUIDL currently has $ 640 million in assets. In October 2024, Securitize launched an extended suite of fund administration services.

Funding: $ 170 million in BlackRock, Blockchain Capital and Morgan Stanley, among others.

Last evaluation: $ 479 million.

Date of the last evaluation: July 2022.

Bona Fides: He has tokenized more than a billion dollars in total assets with partners such as BlackRock, Hamilton Lane and KKR.

Co -founders: CEO Carlos Domingo, 54 years old; President Jamie Finn, 47 years old.