Industry landscapes
Industry report

Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE SINGAPORE EDITION 2026

Singapore’s
crypto exchanges and wallets industry,
in focus.

The companies, capital and talent shaping crypto exchanges and wallets in Singapore. Find the leaders. Understand the segments. See where the activity is.

Snapshot: Funding in USD
Illustrated cover for Crypto Exchanges and Wallets Industry Landscape of Singapore
SG
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Crypto Exchanges and Wallets illustration
MEET THE COMPANIES

Explore Singapore’s crypto exchanges and wallets leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

Expand panel +
Crypto Exchanges and Wallets company highlights in Singapore, snapshot 2 September 2026
Company
Bitdeerbitdeer.com$442M183Financial figure available in RadarView in Radar
MinePlexmineplex.io$100M27
EQONEXeqonex.com$94.58M40
TRONtron.network$76M363
SDAXsdax.co$68M27
AscendEXascendex.com$63M58
Zipmexzipmex.com$62.9M262
Enjinenjin.io$53.96M64
Xellarxellar.co4 roles
7Eleven7elevencoins.com3 roles
CoinHakocoinhako.com1 roles176Financial figure available in RadarView in Radar
Dysonapp.dyson.money1 roles
FAMEEXfameex.com1 roles
OpenEdenopeneden.com1 roles12
Risewolvesrisewolves.com1 roles
StakeStonestakestone.io1 roles
Alchemy Payalchemypay.org3
BYDFibydfi.com50
Bybitbybit.com845
CoinWcoinw.com
DigiFTdigift.sg23Financial figure available in RadarView in Radar
MEXC Globalmexc.com
Phemexphemex.com195
dtcpaydtcpay.com14
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only
THE KEY SIGNALS

Crypto Exchanges and Wallets industry KPIs in Singapore

A few useful ratios bring the size of this ecosystem into perspective.

2 September 2026
Hiring participation2.4%

11 of 462 tracked companies have open roles.

Funding participation29.2%

135 of 462 tracked companies have a recorded round.

Top 3 funding share33.9%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$5M

Midpoint of 154 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 33.9% of disclosed capital, while 70.8% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Singapore crypto exchanges and wallets has grown

Recorded company formation and disclosed funding across the complete annual series shown.

Expand panel +
2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Singapore crypto exchanges and wallets
$0$114.37M$228.74M$343.11M$457.48M2016: $020162017: $138.3M20172018: $88.51M20182019: $20.46M20192020: $64.63M20202021: $338M20212022: $375.32M20222023: $118.06M20232024: $306.65M20242025: $401.3M2025
View the numbers
Annual crypto exchanges and wallets funding and company formation in Singapore
YearFunding (USD)FoundedRaising
2016$0120
2017$138.3M524
2018$88.51M787
2019$20.46M526
2020$64.63M3410
2021$338M7331
2022$375.32M4530
2023$118.06M3820
2024$306.65M3120
2025$401.3M1010
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Bitdeer23.5%
  • MinePlex5.3%
  • EQONEX5.0%
  • Other companies66.1%

Funding by stage

201 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel112 55.7%
Series A–B49 24.4%
Series C+ / PE2 1.0%
Grants, debt & other38 18.9%

Recent recorded rounds

Latest recorded rounds · USD
4 rounds

Swipe or scroll horizontally to browse.

Seed04/2026
KieDex $3.5M

Backed by Hidden Street Capital and Rocket and others.

Series A03/2026
dtcpay $10M

Backed by Vertex Ventures.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

Series B09/2024
SDAXsdax.co$50M

Participating investors were not recorded in this snapshot.

Series B08/2021
Zipmexzipmex.com$41M

Backed by Krungsri Finnovate and Plan B Media and others.

Seed12/2018
Ecxxecxx.com$22M

Participating investors were not recorded in this snapshot.

Seed12/2025
MetaCompmce.sg$22M

Backed by Eastern Bell Capital and Sky9 Capital and others.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

Expand panel +

Annual accounts availability

No reviewed exact national-ID connector has yet been qualified for Singapore; this is a checked implementation boundary, not evidence that filings are absent.; No reviewed exact national-ID connector has yet been qualified for Singapore; this is a checked implementation boundary, not evidence that filings are absent.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Singapore companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

19 of the 462 companies on this page carry a measured traffic record (4.1%); these are the largest of those, by monthly visits. The median among them is 154,720 visits.

CompanyMonthly visitsAuthorityMobile
MEXC Globalmexc.com19,332,5536421.1%
Bybitbybit.com14,813,4786725.8%
Breezebreeze.cash1,857,6441871.7%
Kyo Financekyo.finance847,510200%
Raydiumraydium.io347,8984929.6%
GoMininggmt.io322,412699.2%
BYDFibydfi.com305,1174247.6%
Zoomexzoomex.com235,8833357.8%
KyberSwapkyberswap.com162,3223510.2%
EdgeXedgex.exchange154,720324.3%

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

58 of these companies (12.6%) publish at least one Android app — 62 apps in all, carrying 93M installs between them.

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q1–2026Q2).

SegmentAppsInstallsLeading appRelease trend
Cryptocurrencies6192.7MBybit: Buy Bitcoin & Crypto 47.5M
Blockchain Infrastructure103MEnjin: Crypto & NFT Wallet 1.7M
Non Fungible Tokens92.8MFoxWallet- Secure Crypto Asset 331.1K
Investment Tech41.8MBitverse: Discover Web3 Wealth 61.5K

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2022Q4: 42022Q4: 02022Q42023Q1: 42023Q1: 12023Q12023Q2: 42023Q2: 02023Q22023Q3: 12023Q3: 02023Q32023Q4: 22023Q4: 12023Q42024Q3: 32024Q3: 32024Q32025Q2: 22025Q2: 22025Q22025Q3: 22025Q3: 22025Q32025Q4: 12025Q4: 62025Q4

Darker bars are new releases, lighter bars apps updated. 56 of 62 apps carry a release date. The series ends at 2025Q4, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The Singapore crypto exchanges and wallets market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Fintech462
Blockchain technology458
Blockchain in financial services438
Blockchain438
Consumer digital383
Web 3.0218
Decentralized finance163
Enterprise tech127
Deep tech72
Yield farming63
Enterprise software33
Marketplaces18

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Fintech

The largest measured segment in this report snapshot.

462companies
2.4%have hiring activity

11 companies hiring · $1.88B disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

Subscription368
Commission on transaction329
E-commerce - service127
Fee-for-service71
Advertising31
E-commerce - product23
Lending18
Freemium18
THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

Expand panel +
Recent corporate headlines 10 dated reports
Funding roundsdtcpay.com ↗

Vertex Ventures led multiple rounds with dtcpay at $10m.

Mergers & acquisitionscoinhako.com ↗

SBI Holdings, through its wholly owned subsidiary SBI Ventures Asset, has submitted a letter of intent to invest in and acquire a majority stake in Coinhako, a Singapore-based digital asset platform.

Funding roundsstreamex.io ↗

Streamex Corp. (“Streamex” or the “Company”) (NASDAQ: STEX), a leader in institutional-grade tokenization of real-world assets and commodity-backed stablecoins, including GLDY, today announced the closing of the sale of 1,750,000 shares of its common stock ... for total gross proceeds of $40.25 million.

Funding roundsopeneden.com ↗

OpenEden, a regulated real-world asset (RWA) tokenization platform, has closed a strategic investment round backed by Ripple, Lightspeed Faction, Gate Ventures, FalconX, Anchorage Digital Ventures, Flowdesk, P2 Ventures, Selini Capital, Kaia Foundation, and Sigma Capital.

Funding roundseverex.io ↗

EverEx said Wednesday it has secured a 4 billion won ($2.76 million) strategic investment from Daewoong Investment, the corporate venture capital arm of Daewoong Pharmaceutical, and Naver, Korea's largest internet portal operator.

Mergers & acquisitionsmav.xyz ↗

Serving on the corporate team that is advising U.S.-based Diversified Energy Partners PLC to acquire private oil and gas company Maverick from U.S. investment firm EIG for approximately $1.28 billion.

Funding roundsgrvt.io ↗

UAE sovereign wealth fund backed, investment firm Further Ventures, has co-led a $19 million Series A funding round in Grvt.

Funding roundsaevo.xyz ↗

And finally, Brazilian innovation‑management startup AEVO raised $1 million from FUNSES1 to support its expansion into Europe.

Funding roundsdigift.sg ↗

DigiFT, the exchange platform offering “institutional-grade real-world asset infrastructure,” has raised $11 million in a strategic round led by Japanese financial group SBI Holdings, with participation from Mirana Ventures, Arbitrum’s Offchain Labs, Yunqi Partners, and Polygon Labs, among others.

Funding roundsstakestone.io ↗

Since its launch in 2024, BingX Labs has committed $16 million in investments across high-impact projects and protocols such as Babylon and StakeStone, alongside strategic collaborations with leading partners including IOSG, Kaia foundation, and Hackquest to support broader Web3 and AI ecosystem growth.

Full recorded event mix

Top 10 categories among 93 recorded events in the 24-month window.

Funding rounds
32
Company announcements
14
Mergers & acquisitions
11
New products
9
Regulatory
7
Earnings
6
Leadership moves
5
Lawsuit
2
Capital infusions
2
Asset acquisitions
2
6 activity cards

Swipe or scroll horizontally to browse.

IPO pipeline

1 companies with recorded IPO activity

Streamex ↗

IPO activity · NASDAQ1 reports

Leadership moves

3 tracked people moves

Bybit ↗
Helen Liu

Departure Previously Co-CEO

Streamex ↗
Morgan Lekstrom

Appointment Executive Chairman

Bybit ↗
Patricio Mesri

Appointment Chief Executive Officer

Product launches

Products, platforms and features in the recorded window

Bybit ↗
AI Skills

AI integration

Phemex ↗
AI Bot

Trading Bot

Phemex ↗
AI-Native Revolution

AI

Streamex ↗
GLDY

Gold Token

Bybit ↗
QCDT

Fund

Contract wins

1 recorded customer wins

Bybit ↗

Customer: Finance

Regulatory events

10 recorded events

Bybit ↗

approved to operate throughout EUAustrian authority

Bybit ↗

Operations resumed, authorized users accessed all trading featuresFinancial Intelligence Unit-India (FIU-IND)

Bybit ↗

banned from operatingMalaysia Securities Commission

Bybit ↗

ceased operationsSecurities Commission

Litigation

3 tracked suits

Company
ftx v bybit

fraudulent transactionCivil · Settled

Company
FTX estate v bybit, mirana

asset recovery disputeCivil · Ongoing

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
SBI HOLDINGSCoinHako ↗Announced2026-02-19Not stated in snapshot
Streamexempress royaltyAnnounced2025-12-11$12.2M
BybitkorbitRumored2025-11-10Not stated in snapshot
diversified energyMaverick ↗Announced2025-09-24$1.3B
biosig technologiesStreamex ↗Completed2025-07-14Not stated in snapshot
StreamexFINRA and SEC-registered broker-dealerAnnounced2025-07-14Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

23 postings in the preceding 12 months. The full 37-posting snapshot covers 26 employers.

Expand panel +

Most advertised job titles

Cryptographic Key Management Operations Engineer2
Business Development Manager Talent / Recruitment (Ai Ml, Fintech, Blockchain Ecosystems)1
Talent Acquisition Partner, Apac1
Head Of Business Development, Growth Market1
Wallet & Crypto Security Engineer1
Senior Business Development Manager1
0 internship postings

0 tracked postings mention remote work.

The seniority mix

10 postings specify a level.

unspecified
27
senior
5
manager
3
lead
2

Skills employers mention

Top skills across 37 tracked postings in the available jobs snapshot.

Crypto
26
Blockchain
11
Fintech
6
Saas
5
Investment Banking
5
Commercial Banks
4
Asset Managers
4
Structured Products
4
Financial Institution
4
Futures Institutions
4
THE PEOPLE BUILDING THE FIELD

Founders and leaders

325 founders and chief executives across 229 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

68 profiles with education records.

National University of Singapore (NUS)
13
Nanyang Technological University (NTU)
6
University of Oxford
5
University of Cambridge
4
University of California (Berkeley)
3
Harvard Business School
3
London School of Economics and Political Science
3
Imperial College London
3

Prior employers

13 profiles with prior-work records.

Morgan Stanley
4
Paypal
2
Cisco
2
Google
2
Goldman Sachs
1
Microsoft
1
Apple
1

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

301,615 articles in the measured 12-month window.

Expand panel +
301,615articles in the measured year
51,499articles in 2026Q1
42.0%positive tone in the latest complete year

News volume trends

Crypto Exchanges and Wallets coverage across Singapore · articles per complete quarter

043,25286,504129,756173,0082021Q2: 39,2712021Q22021Q3: 43,4782021Q4: 39,5822022Q1: 42,8712022Q2: 43,9842022Q22022Q3: 49,3012022Q4: 54,9902023Q1: 57,1822023Q2: 56,3142023Q22023Q3: 57,2262023Q4: 62,8202024Q1: 60,9332024Q2: 71,4122024Q22024Q3: 69,9582024Q4: 72,9882025Q1: 86,8652025Q2: 56,5642025Q22025Q3: 150,4422025Q4: 45,6182026Q1: 51,4992026Q1
View quarterly article counts
QuarterArticles
2021Q239,271
2021Q343,478
2021Q439,582
2022Q142,871
2022Q243,984
2022Q349,301
2022Q454,990
2023Q157,182
2023Q256,314
2023Q357,226
2023Q462,820
2024Q160,933
2024Q271,412
2024Q369,958
2024Q472,988
2025Q186,865
2025Q256,564
2025Q3150,442
2025Q445,618
2026Q151,499

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
67,674 positive · 31,996 neutral · 30,742 negative
2022
98,749 positive · 49,687 neutral · 42,531 negative
2023
126,221 positive · 61,906 neutral · 45,220 negative
2024
131,490 positive · 96,281 neutral · 47,330 negative
2025
142,344 positive · 152,059 neutral · 44,838 negative

Leading coverage topics

Crypto Exchanges and Wallets coverage across Singapore · ranked by full-period article count.

International And Transnational Geographic Entities300,253 articles in the full recorded period
108,072 recent · 81,366 prior
Geopolitical Disputes And Contested Areas300,243 articles in the full recorded period
108,067 recent · 81,361 prior
Administrative And Political Subdivisions300,239 articles in the full recorded period
108,067 recent · 81,360 prior
Cryptocurrency Impact On Forex Markets17,074 articles in the full recorded period
4,336 recent · 3,261 prior
New Product Launches And Innovations11,577 articles in the full recorded period
3,167 recent · 2,443 prior
Strategic Partnerships And Collaborations11,306 articles in the full recorded period
3,179 recent · 2,400 prior
Technology Adoption And Digital Transformation8,686 articles in the full recorded period
2,414 recent · 1,832 prior
Executive Leadership Changes And Appointments8,138 articles in the full recorded period
1,709 recent · 1,603 prior
International Political Relations8,092 articles in the full recorded period
1,868 recent · 1,675 prior
International Sports Competitions7,085 articles in the full recorded period
1,517 recent · 1,508 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Crypto Exchanges and Wallets coverage across Singapore

KeywordRecentPriorChange
countries4,1921,858126%
stablecoin fx impact687306125%
decentralized forex67540268%
study overseas593188215%
overseas study540176207%
semester abroad473146224%
international programs34597256%
tanker routing32253508%
aframax tankers31868368%
export sanctions28597194%
flight safety measures128519-75%
f1 world championship324509-36%
f1 championship302477-37%
direct investments (pe)266440-40%
brent crude forecast92424-78%

Event and signal lenses

Crypto Exchanges and Wallets coverage across Singapore

All complete annual cohorts shown
Rising

Regulatory Risk

658,199 classified articles

territories, disputed islands, countries

18.3% critical · 16.0% positive
Rising

Funding Momentum

45,611 classified articles

inflation reports fx, currency intervention policies, pre-ipo valuation

41.1% critical · 58.7% positive
Rising

Growth

87,749 classified articles

gdp growth forex, gdp growth rate, inflation reports fx

39.4% critical · 51.8% positive

Crypto Exchanges and Wallets coverage across Singapore. Topic labels describe recorded classifications and can include broad context.

RESEARCH SIGNALS

What Crypto Exchanges and Wallets research is working on

35,070 papers in the recorded worldwide scope.

Expand panel +
35,070papers
35,070worldwide comparison pool
India-affiliated papers

Research orientation

Descriptive
9,035
Problem-identifying
7,589
Promising
6,567
Breakthrough
5,690
Cautionary
2,830
Comparative
2,189
Critical
1,170

Contribution mix

Empirical
15,226
Methods-led
9,273
Position pieces
4,485
Reviews
4,378
Theoretical
1,708

Tone counts: 28,583 positive · 2,173 neutral · 4,314 negative.

Common problems researchers identify
8,759 papers · 25.0% of this field
  • Cryptocurrency6,149 papers
  • Digital currency1,809 papers
  • Currency1,716 papers
  • Blockchain1,670 papers
  • Computer security1,115 papers
  • Payment1,096 papers
  • Database transaction678 papers
  • Virtual currency639 papers

Landmark: Where Is Current Research on Blockchain Technology?—A Systematic Review

Cautions
2,830 papers · 8.1% of this field
  • Cryptocurrency1,751 papers
  • Digital currency602 papers
  • Volatility539 papers
  • Currency503 papers
  • Blockchain357 papers
  • Sharpe ratio352 papers
  • Payment342 papers
  • Database transaction218 papers

Landmark: Blockchain technology: principles and applications

Opportunities
12,257 papers · 35.0% of this field
  • Cryptocurrency7,959 papers
  • Blockchain2,912 papers
  • Database transaction1,727 papers
  • Computer security1,624 papers
  • Digital currency1,331 papers
  • Currency1,206 papers
  • Payment1,204 papers
  • Volatility668 papers

Landmark: Hawk: The Blockchain Model of Cryptography and Privacy-Preserving Smart Contracts

Leading institutions

National University of Singapore
7,460
Cornell University
5,880
ETH Zurich
5,604
University of Maryland, College Park
4,427
Sun Yat-sen University
4,213
State Street
3,772

Leading researchers

Elli Androulaki
4,485
Loi Luu
4,075
Andrew Miller
4,003
Christian Cachin
3,875
Artem Barger
3,769
Vita Bortnikov
3,769
Konstantinos Christidis
3,769
Zibin Zheng
3,711

Highly cited breakthrough-labelled papers

  • Hawk: The Blockchain Model of Cryptography and Privacy-Preserving Smart Contracts2,164 citations
  • Zerocash: Decentralized Anonymous Payments from Bitcoin1,838 citations
  • On the Fintech Revolution: Interpreting the Forces of Innovation, Disruption, and Transformation in Financial Services1,820 citations
  • Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World1,671 citations
  • Algorand1,428 citations

Common problems researchers identify

7,865 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Blockchain / CryptocurrencyCommon problems researchers identify · 01

Blockchain / Cryptocurrency

1,161 papers

19.4% of this theme group

Blockchain (1,033) · Cryptocurrency (877) · Distributed ledger (192) · Computer security (358)

Blockchain and Distributed Ledger Technologies

Blockchain technology applications, concerns and recommendations for public sector

View research history
YearShare index
20221901.9
20231942.8
20241501.1
20251351.3
Cryptocurrency / EconometricsCommon problems researchers identify · 02

Cryptocurrency / Econometrics

1,155 papers

19.2% of this theme group

Cryptocurrency (1,099) · Econometrics (76) · Investment (95) · Portfolio (51)

CRYPTOCURRENCIES: PERSPECTIVES OF A DIGITAL-ECONOMIC PHENOMENON

Implementation and Analysis of Cryptocurrency

View research history
YearShare index
2022958.7
2023964.3
2024617.6
2025774.0
Cryptocurrency / LegislationCommon problems researchers identify · 03

Cryptocurrency / Legislation

1,108 papers

18.5% of this theme group

Cryptocurrency (1,019) · Legislation (131) · Money laundering (160) · Legislature (75)

Regulatory and Legal Issues in Cryptocurrencies

Crypto Currency Regulation and Law Enforcement Perspectives

View research history
YearShare index
2022142.3
2023139.1
202481.3
2025109.4
Digital Currency / CurrencyCommon problems researchers identify · 04

Digital Currency / Currency

912 papers

15.2% of this theme group

Digital currency (524) · Currency (455) · Payment (269) · Virtual currency (168)

TOWARD A NEW ECONOMY: DIGITAL CURRENCY AND INTERNATIONAL DEVELOPMENT

The Future of Digital Currency: Implications for Global Financial Systems and Trade

View research history
YearShare index
20221436.6
20231413.8
20241397.6
20251553.8
Cryptocurrency / Computer SecurityCommon problems researchers identify · 05

Cryptocurrency / Computer Security

810 papers

13.5% of this theme group

Cryptocurrency (583) · Computer security (302) · Malware (35) · Ransomware (21)

Cryptocurrency and crime

Cryptocurrency Security and Privacy Issues: A Research Perspective

View research history
YearShare index
20221660.7
20231684.3
20241232.6
2025678.8
Cryptocurrency / CurrencyCommon problems researchers identify · 06

Cryptocurrency / Currency

515 papers

8.6% of this theme group

Cryptocurrency (413) · Currency (141) · Digital currency (135) · Virtual currency (78)

Bitcoin and Cryptocurrency: Challenges, Opportunities and Future Works

Research on the Features and Functions of Bitcoin and Digital Currencies

View research history
YearShare index
2022471.9
2023474.6
2024333.4
2025399.1
Central Bank / Digital CurrencyCommon problems researchers identify · 07

Central Bank / Digital Currency

339 papers

5.7% of this theme group

Central bank (121) · Digital currency (307) · Currency (230) · Financial system (51)

Central Banks and Digital Currencies

U.S. Central Bank Digital Currency: Benefits and Challenges to Policy Implementation

View research history
YearShare index
2022475.6
2023480.7
2024338.3
2025407.6

Cautions

2,291 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Cryptocurrency / EconometricsCautions · 01

Cryptocurrency / Econometrics

439 papers

19.2% of this theme group

Cryptocurrency (398) · Econometrics (105) · Volatility (152) · Portfolio (73)

Cryptocurrency in global dynamics: Analyzing the Crypto Volatility Index and financial markets with machine learning

Cryptocurrencies and Financial Markets: Assessing Volatility, Risk, and Regulation

View research history
YearShare index
2022738.9
2023721.1
2024425.0
2025548.6
Cryptocurrency / Virtual CurrencyCautions · 02

Cryptocurrency / Virtual Currency

436 papers

19.0% of this theme group

Cryptocurrency (405) · Virtual currency (60) · Currency (98) · Commerce (42)

Cryptocurrencies and Blockchain: Opportunities and Limits of a New Monetary Regime

The Economics of Cryptocurrencies - Bitcoin and Beyond

View research history
YearShare index
20221021.9
20231022.4
2024835.4
2025689.9
Cryptocurrency / Computer SecurityCautions · 03

Cryptocurrency / Computer Security

377 papers

16.5% of this theme group

Cryptocurrency (303) · Computer security (105) · Database transaction (67) · Proof-of-work system (20)

Safety analysis of Bitcoin improvement proposals

Analyzing Bitcoin Blockchain Data: Insights, Coefficients and Model Adequacy

View research history
YearShare index
20221766.3
20231778.1
20241293.5
2025866.0
Blockchain / Distributed LedgerCautions · 04

Blockchain / Distributed Ledger

326 papers

14.2% of this theme group

Blockchain (277) · Distributed ledger (55) · Cryptocurrency (228) · Transparency (43)

Review on Blockchain Technology

Leveraging Blockchain Technology to Strengthen Cybersecurity in Financial Transactions: A Comprehensive Analysis

View research history
YearShare index
2022978.1
20231057.8
20241004.5
20251120.7
Digital Currency / CurrencyCautions · 05

Digital Currency / Currency

323 papers

14.1% of this theme group

Digital currency (169) · Currency (152) · Payment (120) · Mobile payment (38)

IMPLEMENTATION OF NATIONAL DIGITAL CURRENCIES: POTENTIAL IMPACT ON THE FINANCIAL SYSTEM AND PROSPECTS FOR INTEGRATION WITH INTERNATIONAL PAY

Exploring the Economic Impact of Digital Currencies on Traditional Financial Systems: Challenges and Opportunities

View research history
YearShare index
20221436.6
20231413.8
20241397.6
20251553.8
Digital Currency / Central BankCautions · 06

Digital Currency / Central Bank

266 papers

11.6% of this theme group

Digital currency (242) · Central bank (83) · Currency (154) · Monetary policy (66)

Central bank digital currency

The Adoption of Central Bank Digital Currency

View research history
YearShare index
2022475.6
2023480.7
2024338.3
2025407.6
Sharpe Ratio / VolatilityCautions · 07

Sharpe Ratio / Volatility

124 papers

5.4% of this theme group

Sharpe ratio (121) · Volatility (122) · Technical analysis (28) · Security token (29)

KEY Cryptocurrency Deep Dive: Volatility, Risk‑Adjusted Returns & Outlook (2022‑2025)

FOR Cryptocurrency Deep Dive: Trends, Volatility, and Outlook (2022‑2025)

View research history
YearShare index
202241.0
202345.8
202429.0
202595.5

Opportunities

10,655 papers · 7 recurring themes
7 cards

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Blockchain / CryptocurrencyOpportunities · 01

Blockchain / Cryptocurrency

1,359 papers

22.6% of this theme group

Blockchain (1,203) · Cryptocurrency (836) · Computer security (407) · Transparency (161)

On The Scalability of Blockchain Systems

Blockchain technology for optimizing security and privacy in distributed systems

View research history
YearShare index
20221902.3
20231943.1
20241501.5
20251349.8
Proof-Of-Work System / ProtocolOpportunities · 02

Proof-Of-Work System / Protocol

903 papers

15.1% of this theme group

Proof-of-work system (153) · Protocol (147) · Cryptocurrency (571) · Computer security (314)

Cross-chain Transactions

StrongChain: Transparent and Collaborative Proof-of-Work Consensus

View research history
YearShare index
20221653.3
20231679.6
20241226.7
2025661.4
Cryptocurrency / Computer SecurityOpportunities · 03

Cryptocurrency / Computer Security

902 papers

15.0% of this theme group

Cryptocurrency (851) · Computer security (151) · Humanities (32) · Investment (61)

Individual Risk Perception and Choice using Cryptocurrency for Transactions

Cryptocurrencies: assessment of the impact on economic security and possible ways of regulation (using the example of Bitcoin)

View research history
YearShare index
20222007.3
20232037.6
20241482.3
2025928.2
Volatility / CryptocurrencyOpportunities · 04

Volatility / Cryptocurrency

803 papers

13.4% of this theme group

Volatility (240) · Cryptocurrency (698) · Econometrics (212) · Portfolio (127)

Volatility estimation through stochastic processes: Evidence from cryptocurrencies

<b>Data Availability for paper research((</b><b>The Reflection of Cryptocurrencies Prices Volatility on US Financial Markets as a Factor in

View research history
YearShare index
2022738.9
2023721.1
2024425.0
2025548.6
Cryptocurrency / EconometricsOpportunities · 05

Cryptocurrency / Econometrics

730 papers

12.2% of this theme group

Cryptocurrency (662) · Econometrics (143) · Sentiment analysis (71) · Time series (43)

Predicting Crypto Currency Prices Using Machine Learning and Deep Learning Techniques

Predictive Modeling of Cryptocurrency Prices Using Machine Learning Algorithms

View research history
YearShare index
2022357.2
2023336.0
2024183.6
202588.1
Database Transaction / CryptocurrencyOpportunities · 06

Database Transaction / Cryptocurrency

679 papers

11.3% of this theme group

Database transaction (384) · Cryptocurrency (469) · Money laundering (63) · Anomaly detection (45)

Fraud Detection in Blockchains using Machine Learning

A graph-based deep learning approach for illegal transaction detection in Bitcoin.

View research history
YearShare index
2022259.3
2023241.6
2024129.1
2025260.3
Digital Currency / CurrencyOpportunities · 07

Digital Currency / Currency

624 papers

10.4% of this theme group

Digital currency (397) · Currency (317) · Payment (209) · Financial inclusion (59)

Revolutionizing Digital Financial Inclusion With Central Bank Digital Currencies

Digital Transformation of Money: Exploring the Economic Implications of Central Bank Digital Currencies and Blockchain

View research history
YearShare index
20221436.6
20231413.8
20241397.6
20251553.8

How this field compares with the research baseline

Orientation shares compared with 25,000 papers in the reference sample.

Research orientationThis fieldReference sample
Descriptive25.8%17.4%
Problem-identifying21.6%9.7%
Promising18.7%37.3%
Breakthrough16.2%26.5%
Cautionary8.1%4.4%
Comparative6.2%3.8%
Critical3.3%0.9%

Concerns receiving less research attention

Counts and shares refer to the stated research pool. A low count describes how much of that research is recorded here, not the absence of a real-world concern.

Concern / example paperPapersShareRaised as a problemWorldwide share
Privacy & surveillanceA Survey on Security and Privacy Issues of Bitcoin1,8536.15%800 (43.2%)6.15%
Concentration of compute powerAssessing the Impact of Central Bank Digital Currency on Private Banks1070.35%59 (55.1%)0.35%
Safety & misuseTo the moon: defining and detecting cryptocurrency pump-and-dumps420.14%22 (52.4%)0.14%
Bias & fairnessToward Fairness of Cryptocurrency Payments250.08%9 (36.0%)0.08%
Labour & data workTaxation of Cryptocurrencies with Income Tax and Corporate Income Tax120.04%4 (33.3%)0.04%
Energy & datacenter footprintIs the Energy-Hungry Bitcoin Beneficial for Portfolio Risk Reduction?100.03%1 (10.0%)0.03%
Hardware, e-waste & supply chainPower Consumption And E-Waste of Cryptocurrency Mining30.01%3 (100.0%)0.01%
Carbon & emissions of computeCarbon-Neutral Distributed Ledger20.01%0 (0.0%)0.01%
Water useHeat Recovery from Cryptocurrency Mining by Liquid Cooling Technology10.0%0 (0.0%)0.0%

Institution and researcher rankings use citations to their covered work. Research scope: worldwide. This may be broader than the company geography.

UNDERSTAND THE LANDSCAPE

Crypto Exchanges and Wallets in Singapore: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

Company ecosystem snapshot: 2 September 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
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