Meet the Blockchain Unicorns — Midyear 2021 Update

Matthew Le Merle
4 min readJul 19, 2021

Last week we published the most up to date listing of blockchain unicorns — both private enterprises and crypto projects currently trading at a market value in excess of $1bn. This week we summarize our observations about the significant changes of just the last six months, and the implications they have for investors. You can listen to the complete report by following this link to the recorded webinar Meet the Blockchain Unicorns — Mid-year 2021.

We have seen an acceleration of value creation in the blockchain sector as well as an increasing number of going public events — both IPOs and SPACs. We are excited that through the Blockchain Coinvestors investment strategy, we now have capital invested in 65% of the blockchain enterprise, and 45% of the crypto project unicorns. See the entire Blockchain Coinvestors portfolio at www.blockchaincoinvestors/portfolio.

Blockchain Enterprise Unicorns

There are now 26 blockchain enterprise unicorns. This period we saw the additions of Dapper Labs, BlockFi, Paxos, Mercado/2TM, Bithumb, Ledger, Upbit, BitPanda, Amber, Animoca, Bitso, and Forte to our list following their recent funding rounds. This after…

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Matthew Le Merle

Matthew Le Merle is co-founder and Managing Partner of Fifth Era which manages Blockchain Coinvestors, and of Keiretsu Capital