HOOD
2nd
Robinhood Markets
$82,285.47 Mn
91.53
-4.90%
-20.42%
The company operates a cryptocurrency trading venue where it earns transaction fees and spreads on crypto asset conversions for its retail users.
NU
2nd
Nu Holdings
$69,401.07 Mn
14.36
-2.58%
+7.73%
Through NuCrypto, the company provides a custodial wallet and brokerage services for the buying, selling, and on-chain transfer of cryptocurrencies.
PYPL
2nd
PayPal Holdings
$52,090.66 Mn
60.43
-0.07%
-13.09%
PayPal facilitates the purchase and sale of cryptocurrencies for its users, generating revenue from these digital asset transactions.
COIN
2nd
Coinbase Global
$38,572.84 Mn
146.23
-2.87%
-54.41%
The company operates multiple trading venues, including Coinbase Exchange and Coinbase International Exchange, where it facilitates the trading, custody, and settlement of digital assets for both retail and institutional clients.
SOFI
2nd
SoFi Technologies
$22,786.92 Mn
17.66
-3.55%
-27.12%
The company operates SoFi Crypto, which provides digital asset trading and brokerage services for its members.
CRCL
Circle Internet
$17,081.09 Mn
71.75
-3.91%
-49.32%
Circle's core business is the issuance and management of digital assets, specifically the USDC and EURC stablecoins, and providing institutional minting, redemption, and custody services through Circle Mint. These activities center on the intermediation and safekeeping of digital assets for a global customer base of financial institutions and enterprises.
FBTC
2nd
Fidelity Wise Origin Bitcoin Fund
$11,262.47 Mn
56.22
+0.50%
-44.59%
The trust's core activity is providing regulated exposure to and the safekeeping of digital assets (bitcoin) for its investors. It operates specifically in the niche of bitcoin-focused exchange traded products, intermediating the ownership of digital assets.
GBTC
2nd
Grayscale Bitcoin Trust ETF
$10,598.12 Mn
50.01
+0.50%
-45.28%
The trust's core business is providing regulated exposure, custody, and settlement of digital assets (Bitcoin) for its shareholders. It functions as a bridge for investors to hold cryptocurrency through a traditional brokerage framework.
VIRT
2nd
Virtu Financial
$9,482.73 Mn
61.10
+2.74%
+47.37%
The firm's multi-asset technology platform specifically includes market making and trading activities for cryptocurrencies.
FIGR
2nd
Figure Technology Solutions
$7,792.87 Mn
35.52
-0.67%
—
The company's Markets Holdings segment utilizes blockchain technology to operate an exchange for digital assets and credit, including offerings like interest-bearing stablecoin deposits.
ETHA
2nd
iShares Ethereum Trust ETF
$5,559.40 Mn
14.44
+0.28%
-56.20%
The Trust's core purpose is to provide exposure to digital assets (ether) and it relies on digital-asset specific infrastructure, including Coinbase Custody Trust Company and Anchorage Digital Bank for the safekeeping of its crypto holdings.
BULL
2nd
Webull
$4,172.19 Mn
7.93
-2.82%
-50.34%
The company offers trading and brokerage services for digital assets as part of its product suite for retail investors.
GLXY
Galaxy Digital
$3,940.32 Mn
20.43
-6.58%
-23.74%
Galaxy Digital operates a global platform for the trading, custody, and settlement of digital assets, serving institutional clients through an OTC desk for spot and derivatives trades. It provides institutional custody solutions, including cold and hot wallet technology, and acts as a prime broker for the digital asset ecosystem.
WT
2nd
WisdomTree
$3,467.79 Mn
22.86
-1.00%
+67.35%
The company operates a Digital Assets segment that offers tokenized financial products, the WisdomTree Prime wallet, and the WisdomTree Treasury Money Market Digital Fund, earning management and service fees.
ETOR
2nd
eToro
$1,906.35 Mn
27.77
-1.24%
-41.70%
The company provides a regulated venue for the trading and custody of cryptoassets as a core part of its multi-asset offering.
ETH
2nd
Grayscale Ethereum Staking Mini ETF
$1,638.68 Mn
18.25
+0.33%
-55.51%
The trust's core activity is providing exposure to and managing digital assets (Ether), specifically incorporating staking rewards, which falls under the intermediation and safekeeping of digital assets.
ETHE
2nd
Grayscale Ethereum Staking ETF
$1,475.76 Mn
15.40
+0.33%
-57.15%
The trust's entire operational focus is the intermediation and safekeeping of digital assets (Ether), specifically providing a regulated vehicle for investors to hold and earn rewards from cryptocurrency.
FETH
2nd
Fidelity Ethereum Fund
$910.59 Mn
19.05
+0.37%
-56.22%
The fund's entire business is dedicated to the intermediation and holding of digital assets (ether), providing a regulated pathway for investors to access the cryptocurrency market without direct wallet management.
SBET
2nd
Sharplink
$627.24 Mn
6.29
-3.38%
-68.74%
The company operates an ETH Treasury Management segment that actively manages digital assets, earns staking rewards, and participates in liquid staking and Layer 2 deployments, positioning itself as a digital asset treasury strategy provider.
AXG
2nd
Solowin Holdings
$483.72 Mn
2.56
-3.40%
-42.86%
The Virtual Assets Services segment provides compliant trading of cryptocurrencies and digital tokens, security token offerings, and spot ETF creation and redemption.
GEMI
Gemini Space Station
$455.48 Mn
3.54
-1.94%
—
The company operates a regulated venue for trading, custody, and settlement of digital assets, serving both retail and institutional customers. Its primary revenue is generated from transaction fees on spot and derivatives trading, as well as fees on assets held in custody.
FWDI
2nd
Forward Industries
$335.26 Mn
4.54
+6.07%
-63.68%
The company operates a Digital Asset Treasury Business that focuses on acquiring, staking, and deploying Solana tokens, as well as participating in DeFi protocols to generate yield.
BKKT
2nd
Bakkt
$312.26 Mn
6.93
-2.67%
-25.00%
The company operates as a venue for digital asset trading and custody, generating revenue from transaction fees on the buy and sell sides of digital asset trades for institutional clients.
CNCK
2nd
Coincheck
$272.52 Mn
2.01
+0.50%
-58.47%
The company operates as a regulated venue for the trading, custody, and settlement of digital assets in the Japanese market, earning revenue from transaction spreads and commissions.
DEFT
2nd
Defi Technologies
$170.74 Mn
0.44
-6.38%
-80.62%
The company provides custody solutions and infrastructure support for public digital asset companies through its DeFi Advisory business line.
FGNXP
2nd
FG Nexus
$140.19 Mn
24.99
+0.00%
+20.14%
The company manages a significant digital asset treasury centered on Ethereum (ETH) and is actively exploring tokenization of real-world assets and yield-generation strategies like staking.
HSDT
Solana
$136.59 Mn
1.78
+7.23%
-72.32%
The company's primary activity is operating as a digital asset treasury that acquires, holds, and manages Solana tokens (SOL). It generates revenue through staking rewards, institutional lending, and digital-asset treasury management for its shareholders.
FRMM
2nd
Forum Markets
$110.91 Mn
5.46
-7.30%
-92.63%
The company operates as a digital asset treasury manager, actively acquiring and deploying ETH to generate yields through native and liquid staking via providers like Coinbase, ether.fi, and Puffer. It manages these digital assets for the purpose of producing protocol-level rewards and participating in DeFi lending and borrowing platforms.
BNC
CEA Industries
$107.37 Mn
2.52
-0.79%
-88.63%
The company's primary business activity and the substantial majority of its assets are focused on its digital asset treasury strategy, specifically acquiring, holding, and managing BNB tokens. It generates revenue through airdrop income and fair value changes of these digital assets, utilizing institutional custodial platforms like Ceffu.
GSOL
2nd
Grayscale Solana Staking ETF
$106.72 Mn
5.84
+1.74%
-66.18%
The trust's core activity is the intermediation and safekeeping of digital assets (SOL), utilizing qualified custodians like Coinbase Custody and Anchorage Digital Bank to provide investors with a regulated way to hold and stake cryptocurrency.
EMPD
Empery Digital
$78.71 Mn
2.80
+0.00%
-61.27%
The company operates a 'Digital Asset Treasury Strategy' where it acquires, holds, and trades Bitcoin, generating revenue from short-term Bitcoin put and call contracts. It utilizes institutional-grade custodians for the safekeeping of these digital assets, which is a core activity of the crypto exchange and custody industry.
SUIG
2nd
SUI Group Holdings
$65.28 Mn
0.85
+3.66%
-87.63%
The company operates a SUI treasury management business that acquires, stakes, and lends SUI tokens to generate yield. It explicitly competes with firms like MicroStrategy and Sol Strategies by providing publicly traded exposure to digital assets and managing a treasury of over one hundred million tokens.
RHNO
Rhino Bitcoin
$57.07 Mn
8.00
+0.00%
+146.15%
Rhino Bitcoin operates a platform for the trading, custody, and settlement of digital assets, specifically Bitcoin. It generates revenue from spreads on client exchanges between Bitcoin and USD, as well as fees for custody and settlement services.
ICG
2nd
Intchains
$54.64 Mn
0.90
+0.00%
-57.55%
The company operates the Goldshell Stake service, providing staking services for Ethereum, Avalanche, Manta, and Conflux to individual and institutional investors, which involves the safekeeping and management of digital assets.
GXRP
2nd
Grayscale XRP Trust ETF
$45.83 Mn
19.42
+0.26%
—
The trust's sole purpose is to provide investors with exposure to a digital asset (XRP) and it utilizes a digital-asset custodian, Coinbase Custody Trust Company LLC, to store the tokens.
ETCG
2nd
Grayscale Ethereum Classic Trust (ETC)
$44.92 Mn
3.21
-0.31%
-70.28%
The trust's sole purpose is to hold and provide exposure to a digital asset (Ethereum Classic), operating as a security-like instrument for the custody and indirect ownership of crypto assets.
MATH
Metalpha Technology Holding
$37.22 Mn
0.79
-3.66%
-71.79%
The company's primary revenue (88.8%) comes from digital asset focused wealth management, including the issuance of over-the-counter derivative products based on cryptocurrencies like Bitcoin and Ethereum, and market making services for digital assets.
BTCS
2nd
Btcs
$35.85 Mn
1.08
-3.57%
-77.82%
The company's Imperium segment engages in decentralized finance (DeFi) operations, including lending, borrowing, and liquidity provision. These activities involve the active management and intermediation of digital assets for returns, which aligns with the business of digital-asset treasury management and DeFi participation.
CSHR
2nd
CoinShares
$33.15 Mn
5.05
-5.08%
—
The company earns income from staking rewards and other yield generating strategies associated with digital assets, which are core activities of digital-asset treasury and service providers.
AMBR
Amber International Holding
$32.27 Mn
1.25
+0.00%
-76.59%
The company's primary focus is digital asset wealth management for institutional investors and high-net-worth individuals, providing OTC trading, execution, and custody-related services. It generates revenue through transaction-based fees and commissions on digital asset products.
SDEV
2nd
Stablecoin Development
$28.87 Mn
0.93
-7.00%
-70.00%
The company maintains custodial arrangements and infrastructure to transact, settle, account for, and safeguard SKY tokens, utilizing regulated custodians like Fireblocks and Kraken to manage these digital assets.
ATCH
2nd
AtlasClear Holdings
$28.46 Mn
0.19
-5.00%
-5.00%
The company explicitly includes innovative products such as crypto within its technology-enabled financial services platform to serve financial services firms.
FLD
Fold Holdings
$24.76 Mn
0.45
-2.17%
-87.77%
Fold provides a suite of services for the custody, buying, and selling of bitcoin, utilizing relationships with licensed trust companies like Fortress Trust and BitGo. Its core value proposition is enabling users to accumulate and manage digital assets through a dedicated financial platform.
GRNQ
2nd
Greenpro Capital
$22.12 Mn
12.20
+21.51%
+784.06%
Through its Green-X subsidiary, the company operates a regulated digital asset exchange platform that facilitates Shariah-compliant security token offerings (STOs) and the trading of digital assets.
GSUI
2nd
Grayscale Sui Staking ETF
$19.93 Mn
9.54
-2.45%
—
The Trust's primary underlying asset is a digital asset (Sui), and it specifically engages in staking these digital assets to earn rewards for its shareholders. It provides a regulated custodial and investment solution for digital assets, which falls under the scope of digital-asset intermediation and safekeeping.
SEAV
2nd
AleeanPeace Group Holdings
$4.63 Mn
0.05
+0.00%
+150.00%
The company is directly involved in the digital asset ecosystem by supporting token issuers seeking to list on the Green-X digital asset exchange.
TWAV
2nd
TaoWeave
$4.54 Mn
1.27
+0.00%
-62.76%
The company operates as a vehicle for public market investors to gain exposure to the Bittensor network by accumulating, staking, and managing TAO tokens to generate yield.
FABC
Fabric.AI
$4.43 Mn
3.04
+5.56%
-53.87%
StableX focuses on the acquisition, holding, and management of crypto tokens and digital assets within the stablecoin ecosystem. Its core activity is the management of a digital asset treasury targeting tokens that underpin the issuance, transfer, custody, and trading of digital assets.
SONM
Dna X
$4.20 Mn
3.32
-0.60%
-65.70%
DNA X operates a platform where users buy, sell, and exchange cryptocurrencies, generating revenue primarily from commissions charged on each trade. This matches the description of a crypto exchange and brokerage for digital assets.
FMHS
2nd
Farmhouse
$3.06 Mn
0.16
+0.00%
+14.29%
The company manages a digital asset treasury and utilizes institution-grade custody arrangements with BitGo for its Bitcoin and tokenized gold holdings. It engages with cryptocurrency financing and investment platforms to explore digital asset exposure.
HZEN
2nd
Grayscale Horizen Trust (ZEN)
$2.67 Mn
0.39
-4.88%
-54.12%
The Trust's entire business model is centered on the intermediation and safekeeping of a digital asset (ZEN) for clients who prefer not to manage their own private keys or navigate crypto exchanges.
GDOG
2nd
Grayscale Dogecoin Trust ETF
$2.35 Mn
8.25
+0.12%
—
The Trust's sole purpose is to provide exposure to and hold digital assets (Dogecoin), operating specifically within the cryptocurrency exchange-traded product space.
DCX
2nd
Digital Currency X Technology
$2.17 Mn
0.93
-2.11%
-99.95%
The company's business model includes digital asset management and the pursuit of staking rewards, which aligns with the activities of digital-asset treasury managers and custodians described in this industry.
WLSS
2nd
Welsis
$1.65 Mn
0.60
+0.00%
-82.86%
The company operates TokenTraders.net, a crypto exchange site that enables users to trade cryptocurrencies and store them in a built-in wallet. It generates revenue from transaction fees on cryptocurrency trades executed through this platform.
BTMCQ
Bitcoin Depot
$0.32 Mn
0.02
-33.33%
-99.93%
Bitcoin Depot operates a network of Bitcoin ATMs and the BDCheckout product that enable customers to buy and sell digital assets. Its primary revenue is derived from transaction fees charged for intermediating the purchase of Bitcoin for users.
ABIT
Athena Bitcoin Global
$0.00 Mn
0.00
—
-100.00%
Athena Bitcoin Global operates a network of Bitcoin ATMs and an over-the-counter desk (Athena Plus) used for the trading, buying, and selling of digital assets. Its primary revenue is derived from transaction fees and markups on Bitcoin exchange for retail and institutional customers.