Crypto Startups ShapeShift and Veem Among CNBC’s Upstart 100 List
Shapeshift and Veem are among the cryptocurrency-related companies that made this year’s Upstart 100 List published by CNBC honoring creative entrepreneurs.
The list tracks the most promising startups across a variety of industries including fintech, retail and healthcare.
Robots rule
Several entrants are developing autonomous systems.
6 River Systems, a Massachusetts-based company developing autonomous warehouse robots that can work alongside humans, is among several other robotic startups on the list, including Singapore-based AvidBots, which is building commercial-scale, self-driving, floor-cleaning robots; San Jose-based Fetch Robotics, which is developing on-demand autonomous mobile robots for warehousing and logistics; and Flytrex, an Israel-based autonomous last-mile drone delivery system.
The Upstart 100 List features companies less than five years old that are focused on driving efficiency, reducing costs, improving output and either enhancing or eliminating legacy systems. They hail from nine countries and 13 US states, with 19 of the 100 led by women.
Blockchain-related startups on the Upstart 100 List
- Blockstack
New internet structure for decentralized apps (New York, NY) - Cloudleaf
Internet of Things for global supply chains (Milpitas, CA)
- PayStand
Blockchain-based B2B billing and payments service (Scotts Valley, CA) - ShapeShift
Blockchain technology firm that offers marketplace where users can buy and sell digital assets (Zug, Switzerland) - Veem
B2B cross-border wire-transfer and payment system based on the blockchain (San Francisco, CA)
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The list is a bird’s-eye view of the tech landscape and indicates where and how artificial intelligence will disrupt jobs as computer and robotic networks become increasingly robust.
You can check out the full list here.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin or cryptocurrency. Your transfers and trades are at your own risk. Any losses you may incur are your responsibility. Please note that The Daily Hodl participates in affiliate marketing.
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