PALO ALTO, Calif., Dec. 19, 2020 /PRNewswire/ — CB Insights has named unbiased crypto prime dealer SFOX as one of many world’s top 50 blockchain companies. The agency was given a spot on CB Insights’ first ever Blockchain 50, a listing of the highest non-public corporations utilizing blockchain expertise to resolve a few of companies’ greatest issues. Winners have been chosen from a pool of two,700 corporations. SFOX gives its providers in a number of classes together with as an Trade, Custody, Capital Markets, and Pockets providers supplier, and was honored within the Trade class.
CB Insights CEO Anand Sanwal explained in a statement, “Blockchain moved from attainable to sensible in 2020 as evidenced by the enterprise adoption we tracked. On the identical time, the blockchain firm ecosystem additionally turned extra crowded, creating noise and uncertainty for enterprises as they consider distributors and companions. The Blockchain 50, which we have created along side Blockdata, was born out of a need to scale back that uncertainty and acknowledge the pioneering corporations utilizing the blockchain.”
“Because the longest operating prime brokerage platform, SFOX has been a trusted companion for merchants since 2014 and has expanded its providing to fulfill the demand from funds, monetary providers suppliers and establishments. We look ahead to persevering with to innovate to handle the challenges our prospects face on this extremely complicated and quickly altering market,” stated Akbar Thobhani, founder and CEO of SFOX.
When choosing the winners, CB Insights based mostly its analysis on components together with enterprise fashions, market potential and momentum, aggressive panorama, group energy, investor profiles, knowledge submitted by the businesses, and Mosaic scores. Most of the corporations to make the record have established blockchain service contracts with enterprises like authorities businesses, retailers and conventional banks.
“We’re honored that SFOX has been chosen for inclusion on the CB Insights Blockchain 50 record. Our mission is to deliver essentially the most superior and safe buying and selling and custody answer to professionals, merchants and establishments on this quickly maturing market. Incomes this recognition from CB Insights is a testomony to SFOX’s innovation and management in driving institutional adoption of crypto belongings,” stated George Melika, co-founder of SFOX.
About CB Insights
Founded in January of 2008, CB Insights is predicated in New York and builds software program to assist its shoppers higher perceive future expertise traits. To do that, the agency will analyze hundreds of thousands of paperwork so it could present its shoppers with the knowledge they should reinforce and higher enterprise choices. CB Insights gives providers to a variety of Fortune 100 corporations and has garnered greater than $11 million in funding since its inception.
Headquartered in Los Angeles and founded in 2014, SFOX is a number one prime supplier that seeks to attach its shoppers with cryptocurrency buying and selling platforms throughout the globe to allow them to examine costs and set up buying and selling routes that finest meet their beliefs and objectives. The corporate offers an assortment of order varieties together with customary market and restrict orders, sensible routing, sniper and immediate, so merchants can finalize their crypto trades underneath the simplest and most safe circumstances.