Forbes has included nine crypto projects in its 2022 Most Innovative Private Fintech Companies ranking.

Together, these nine firms have raised $6.5 billion in venture capital investments, mostly in the last 12 months, according to the magazine.

FTX holds the lead with a valuation of $32 billion, making it the third largest private fintech company based in the US.

This is followed by two newcomers – the OpenSea NFT marketplace ($13.3 billion) and the Alchemy blockchain platform ($10.2 billion).

They are followed by USDC stablecoin creator Circle ($9 billion), veteran Chainalysis ($8.6 billion), and custody company Fireblocks ($8 billion).

Forbes did not provide an estimate for Ava Labs, the developer of the Avalanche blockchain, but in April the media company estimated it at $5.25 billion. At the same time, the native token of the AVAX platform has a market cap of $8.5 billion. .

Paxos ($2.4 billion) occupied the penultimate place among crypto companies.

Only one member of the Bitcoin Fintech 50 industry has yet achieved unicorn status, and that is Chainalysis rival TRM Labs, with a valuation of $600 million.

Recall that Forbes selected the 400 richest US billionaires for the fall of 2021, including seven representatives of the bitcoin industry.