Blockchain and Crypto Presence down on Forbes Fintech top
50
Forbes, a leading American business and finance outlet, has
become well known for publishing lists acknowledging the who's
who of various industries. On February 4, Forbes listed the
top 50 most innovative Fintech
companies for 2019. Interestingly, the list only
contains 5 companies categorized as "crypto and
blockchain". This is less than half the amount listed in the
2018 edition, which listed 11 crypto and blockchain companies.
Forbes states that while "crypto prices and ICO's
collapsed, overall investment in fintech surged in 2018, hitting
$55 billion worldwide, double the year before." Furthermore,
20 of the top 50 are startups, and make their first appearance on
the list.