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Cryptocurrency Market Share

Report ID: GMI5049
Published Date: Apr 2021
Report Format: PDF

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Cryptocurrency Market Share

The global cryptocurrency market has witnessed several strategic acquisitions and branding initiatives. For instance, in February 2021, xSigma Corporation, a subsidiary company of ZK International Group Co., Ltd., rebranded its online contract and Crypto Trading Platform (CFD) as xSigma Trading. Through this cloud-native platform, the company offers multiple crypto-related options. This also helped the company to cater to customers engaged in cryptocurrency trading activities, enhancing its market position and offering an advanced platform solution.

Some of the key players operating in the market are

Advanced Micro Devices Inc.
Binance, com.
Bitfury Group Limited
BitGo Inc.
BitMain Technologies Ltd.
Canaan Inc.
Coinbase (CB Payments Ltd.)
CudoMiner (Cudo Ventures Ltd.)
EasyMiner
Ethereum Foundation
Intel Corporation
IntelliBreeze Software AB (Awesome Miner)
Ledger SAS
NICEHASH Ltd.
Nvidia Corporation
Ripple Labs Inc.
Robinhood Financial LLC
SatoshiLabs s.r.o. (Trezor)
Squirrels Research Labs Inc.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The industry for cryptocurrency was valued at USD 900 million in 2020 and is anticipated to strike at a CAGR of 10% up to 2027.

The regional revenue share from the trading software segment reached USD 6.66 million in 2020 and will grow with an inclining need for enhanced security as well as flexibility in cryptocurrency transactions.

The bitcoin cryptocurrency industry size in the Canadian region was responsible for close to 30.4% of revenue share in 2020 and is expected to grow exponentially by 2027.

Asia Pacific accounted for over 20% of the cryptocurrency industry share in 2020 and will witness significant growth with proliferating volumes of cryptocurrency transactions in the region.