According to CoinDesk: Blockchain analytics firm Chainalysis, crypto-asset security company Fireblocks, and financial risk modeling platform Gauntlet have been recognized in Forbes' annual list of 50 innovative fintech companies. All three companies are based in New York and have collectively raised a total of $2 billion. The companies had to be privately owned and US-based to qualify for inclusion.
Chainalysis, specializing in tracking and analyzing crypto transactions, raised $535 million and had an evaluation of $8.6 billion by May 2022. Despite its workforce being reduced by 15% in October and an additional 5% in February 2023, Chainalysis has notably published a report refuting the Wall Street Journal's claim about the funding of terrorism.
With major bank clients such as HSBC, BNY Mellon, and BNP Paribas, Fireblocks offers security technology for cryptocurrencies. It has raised $1 billion and had a valuation of $8 billion as of January 2022.
Gauntlet, which provides financial risk modeling and simulation, protects $9 billion worth of customer assets. DeFi applications use the platform, including Aave, Uniswap, and Web3 gaming platform Immutable. Gauntlet has raised $45 million and was valued at around $1 billion in March 2022.