Best Institutional Decentralized Finance (DeFi) Companies

BitGo focuses on providing secure and solutions for the digital asset economy. The company offers a range of services including regulated custody, financial services, and core infrastructure. BitGo primarily serves investors and builders in the digital asset economy, including exchanges, retail platforms, crypto-native firms, and institutional investors. It was founded in 2013 and is based in Palo Alto, California.

Consensys operates as a blockchain and web3 software company to specializes in decentralized web technologies. The company offers a suite of products including a self-custodial wallet, development tools for Ethereum, smart contract auditing, and Ethereum scaling solutions. It primarily serves developers and organizations within the blockchain and cryptocurrency sectors. Consensys was formerly known as Capital Platinum Systems. It was founded in 2014 and is based in Brooklyn, New York.

Circle provides a financial technology solution for users to send and receive funds globally. It offers crypto treasury management solutions for businesses to manage digital assets. The company serves asset managers, financial technology companies, and financial institutions. It was founded in 2013 and is based in Boston, Massachusetts.

Aave is a decentralized finance entity specializing in liquidity protocols within the blockchain sector. The company enables users to supply assets to liquidity pools to earn interest and to borrow against their collateral in a non-custodial and transparent manner. Aave primarily serves the decentralized finance ecosystem, offering services like overcollateralized borrowing, native stablecoin issuance, and community-driven governance. Aave was formerly known as Ethlend. It was founded in 2017 and is based in George Town, Cayman Islands.

Anchorage Digital offers a cryptocurrency platform providing institutions with digital asset financial services and infrastructure solutions. It offers a digital bank as a crypto-native bank and also offers crypto strategies for institutions. The company provides security and asset accessibility, including capturing yield from staking and inflation, voting, auditing proof of existence, and fast transactions. It primarily caters to the financial sector. The company was founded in 2017 and is based in San Francisco, California.

Cobo is a provider of digital asset custody solutions within the blockchain technology sector. The company offers a range of wallet technologies, including custodial, multi-party computation (MPC), smart contract, and exchange wallets, designed to secure and manage digital assets. Cobo primarily serves institutions in the financial services, exchanges, and blockchain application development sectors. It was founded in 2017 and is based in Singapore, Singapore.

Copper is a technology company focused on providing secure digital asset services to institutional investors within the cryptocurrency sector. The company offers a suite of solutions including institutional custody, prime brokerage services, and collateral management, all designed to facilitate secure and efficient digital asset transactions. Copper primarily caters to hedge funds, trading firms, foundations, exchanges, ETP providers, venture capital funds, and miners seeking advanced infrastructure for managing digital assets. It was founded in 2018 and is based in Zug, Switzerland.

Fireblocks is an enterprise-grade platform specializing in secure infrastructure for moving, storing, and issuing digital assets within the blockchain and cryptocurrency sectors. The company offers a suite of applications for digital asset operations management and a comprehensive development platform for building blockchain-based businesses. Fireblocks' solutions cater to a variety of sectors including financial institutions, exchanges, and fintech startups. It was founded in 2018 and is based in New York, New York.

Fordefi operates as a financial technology company specializing in secure digital asset management for institutions. The company offers a multi-party computation (MPC) wallet platform and web3 gateway that allows users to self-custody private keys, connect to decentralized applications (dApps), and manage digital assets with enhanced security policies. Fordefi primarily serves funds and trading firms, market makers, and web3 companies, providing them with tools to scale their strategies and manage their digital asset operations securely. It was founded in 2021 and is based in Woodmere, New York.

Goldfinch operates as a decentralized global credit protocol within the financial technology sector. The company facilitates lending of USDC stablecoins to businesses worldwide, with loans collateralized by real-world assets, offering an alternative to traditional DeFi lending models. Goldfinch's services are primarily utilized by institutions in emerging markets seeking access to decentralized finance. It was founded in 2020 and is based in Walnut, California.

Hex Trust is a fully-licensed digital asset custodian specializing in providing secure solutions for the management and safeguarding of digital assets within the financial sector. The company offers a range of services including institutional-grade custody, access to decentralized finance (DeFi) markets, and staking, all underpinned by rigorous security and compliance measures. Hex Trust caters primarily to financial institutions, protocols, foundations, and entities within the Web3 and metaverse ecosystems. It was founded in 2018 and is based in Hong Kong, Hong Kong.

Injective focuses on blockchain technology, specifically within the financial sector. The company provides an open, interoperable network that offers solutions for developers in decentralized finance (DeFi), including secure transactions, fast transmissions, and zero gas fees. Its primary customers are developers in the DeFi sector. It was founded in 2018 and is based in New York, New York.

Ledger specializes in secure hardware wallets and digital asset management solutions within the cryptocurrency sector. The company offers products that store private keys for cryptocurrencies and NFTs, enabling secure transactions and asset management. Ledger's hardware wallets are designed to work with the Ledger Live app, which facilitates the buying, selling, swapping, and staking of various cryptocurrencies. It was founded in 2014 and is based in Paris, France.

Metaco operates as a blockchain and cryptocurrency firm that specializes in digital asset custody and tokenization technology. It enables financial and non-financial institutions to securely build their digital asset operations. The company was founded in 2015 and is based in Lausanne, Switzerland. In May 2023, Metaco was acquired by Ripple at a valuation of $250M.

Untangled Finance focuses on decentralized finance (DeFi) in the fintech industry. It offers a platform for institutional-grade credit investment, providing asset-backed and legally compliant credit exposure, and a liquidity mechanism through its native tokenization. It primarily serves the fintech lending sector, offering services to lenders, including DAO treasuries, and institutions. The company was founded in 2020 and is based in London, United Kingdom.