A new version of the “Crypto Business Guide in Spain 2020” was presented to update the ecosystem data Crypto, which already has 75 companies, 47 of which are national and 28 international. This was reported to Cointelegraph in Spanish by the consulting firm Quum through a statement.
The guide was introduced by DASI (Digital Assets Institute), a company that specializes in research and advice related to digital assets, blockchain and cryptocurrencies. Crypto Plaza, a reference center for the new paradigm of decentralized infrastructure; and Quum, media partner and communications consultant from different companies in the crypto ecosystem.
The leader It is an x-ray of companies that use or are related to blockchain technology, tokenization, investment, operation and research of digital assets, or companies that are generally concerned with crypto-economy and decentralized finance (DeFi) in general Spain.
The statement detailed that a total of 75 companies make up this ecosystem to date, 47 are of national origin and 28 are of foreign origin, with Estonia and the United States as the main countries of origin.
They said from DASI:
“The sector continues to grow gradually despite the exceptional situation marked by the COVID-19 crisis. In recent months we have seen the decentralized economy attracting more attention from investors, cryptocurrencies have been seen as a safe haven and the transaction volume has increased. ”
On the other hand, Cristina Murgas, director of financial and institutional communications at Quum, said:
“Communication of the crypto ecosystem is increasingly valued by investors as it helps to create more financial education, transparency for companies in the industry and to avoid the increase in fraud that has been prevalent in recent months. Communication, regulation and training are drivers of the ecosystem and its socialization. ”
An x-ray of the crypto ecosystem in Spain
The ecosystem currently consists of 35 different categories: banking, big data, certification, climate, communication, advice, credit, custody, education, energy, exchange, funds, games, governance, hardware, health, mediation, investment, emission, market maker , Media, payment methods, mining, oracle, civic organization, predictive markets, rating, real estate, research, retail crypto, security, sports, tokenization, transfers and validations.
The industries with the largest number of companies are investment, exchange, certification and consulting.
On the whole, registered companies have 854 employees (395 from companies based in Spain and 459 from outsiders), An example of how these companies are already contributing to the real economy by creating jobs.
Jesús Pérez, founder of CryptoPlaza, emphasized that among the companies with Spanish DNA, the following companies are represented in the hub: “Blockimpulse, a consulting, training and development company based on blockchain solutions for the business and industrial sector; Azlyc, which provides legal advice on cryptocurrency and blockchain issues; Tutellus, a learning platform that tries to tokenize the problems associated with the education system through tokenization; Securitize, a platform that provides solutions for creating digital financial assets that can be used to provide liquidity and finance to issuers worldwide by tokenizing assets; CryptoBirds, collaborative analysis and evaluation platform for ICOs and blockchain projects; RealFund, a platform that enables crowdfunding investments in real estate projects by tokenizing real estate assets; and Bitcoin Rock Café, a cryptocurrency-themed restaurant founded by a Spanish company that symbolized the company’s funding. “They have created an important private crypto hub in Europe.
At the national level, Madrid remains the financial center par excellence with 21 companies, followed by Barcelona (6), Valencia (5) and Castilla y León (4). Internationally, Estonia (6) and the USA stand out. (5).
In the guide, they highlighted the following: “The companies that make up the ecosystem and that are founded or operate in Spain show that our country meets the conditions necessary to attract all types of companies that are new and disruptive blockchain technology and that they will create Spain will be an international benchmark in this sector.
On the other hand, it is important to note that This guide was created by the Digital Assets Institute research service and is only available to subscribers.
On March 10, Cointelegraph reported in Spanish about the launch of the previous version of the manual. On this occasion, they had commented from DASI: “The crypto sector is one of the fastest growing. We have seen many investment operations in these types of startups in the past few months, and also those that are growing are showing an important ability to generate revenue. We believe that we will experience explosive growth like in the first moments of a sector and plan to reach the end of the year with nearly 200 companies and 2,000 people working in this ecosystem. In addition, other fintech companies will take steps to integrate crypto assets, as was the case with Revolut. “
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