Coinbase (NASDAQ: COIN), Bybit, Circle (NYSE: CRCL), and Gemini top the names in CNBC and Statista’s 2026 ranking of 500 global fintech companies. Coinbase, which is listed as decentralized, is back after appearing in a previous release.
Bybit is based in Dubai, while Circle and Gemini are based in New York. Statista’s classification covers eight market groups and includes companies of different sizes.
According to McKinsey, the fintech industry generated sales of $650 billion in 2025, up 21% from 2024. The $15 trillion financial services industry as a whole also grew 6%. Public listings have also begun to pick up, with 31 major fintech IPOs in 2025. For McKinsey, these deals are “back in prominence.”
FinTech companies represented about 12% of the total value of the 100 largest initial public offerings in the world. Listed fintech companies have reached a record combined value of $850 billion, helped by Adyen (AMS: ADYEN), Nu Holdings (NYSE: NU), and Robinhood (NASDAQ: HOOD).
At the same time, software vendors spread across banking systems, challenger banks obtained financial licenses, and major institutions began to use blockchain technology more frequently.
Digital asset companies are turning blockchain tools into services for banks and businesses
The Fintech 500 digital assets category covers companies that make cryptocurrency services usable, but ignores individual currencies and blockchain protocols.
Demand for cryptocurrencies has risen and fallen, but the companies building the working parts of the market have continued to attract customers. Companies that create and manage tokens for other companies also secured several spots.
The Singaporean group includes Amber Group, ChainUp, crypto.comand Triple-A and former winner StraitsX. U.S. entries include Bakkt (NYSE: BKKT) in Atlanta; Previous winners BitGo in Sioux Falls and Blockdaemon in Los Angeles; Digital Ascension Group in Dallas; Everstake and Securitize in Miami; Payward in Cheyenne. And Zero Hash in Chicago.
San Francisco contributes previous winners CoinTracker and VGS, as well as Phantom. New York adds previous winners Fireblocks and Turnkey, along with Gauntlet, Lukka, NYDIG, Paxos and Zebec. Galaxy Digital (NASDAQ: GLXY), another previous winner, is also there. Fort Worth is home to previous winner Consensys.
Canada has Blockstream in Montreal and previous winner, Figment, in Toronto. In London there are BVNK, Copper and TIMVERO. Previous winner Finery Markets is located in Limassol, Cyprus. Hong Kong is home to HashKey Group and previous winner OSL Group (HKEX: 0863). The remaining names are Kem in Abu Dhabi, previous winner Ledger in Paris, and Wavebridge in Seoul. Blockchain services from these companies now support payments, record keeping, asset storage, issuance, and other commercial uses as crypto becomes part of formal finance.
AI and stablecoins are forcing fintech companies to rebuild products and controls
McKinsey predicts that there are four trends that will shape the next fintech era, though its report details two main ones here. Artificial intelligence comes first. “Fintech companies are deploying AI to build products in weeks that previously took years, to serve customer segments that were previously not economically viable, and to compress cost structures so that legacy operating models cannot compete on price,” McKinsey said. “The early incumbents are seeing real returns.”
“With near-free instant settlement, the promise of stablecoins for cross-border payments and transfers is clear,” McKinsey said. “However, of the $35 trillion reported annual stablecoin transaction volume, only about 1 percent, or $390 billion, represent real end-user payments, such as paying suppliers or sending remittances.”
Only trading, arbitrage and cryptocurrency transfers make up the rest. Industry forecasts place the stablecoin market at between $2 trillion and $4 trillion by 2030. Reaching this range would require average annual growth of about 40%.
Other token assets on the blockchain can grow faster as banks and businesses use them for settlement, custody, payments, and ownership and issuance records.
McKinsey predicts that “a range of industry estimates suggest that by 2030, the market cap of stablecoins will be between $2 trillion and $4 trillion, implying a compound annual growth rate of around 40 percent, with the potential for a broader range of tokenized assets on-chain above that.”
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