We’ve mapped the UK’s Cryptocurrency Industry using our Real-Time Industrial Classifications (RTICs). Find out more about the investment and blockchain companies contributing to the UK’s crypto sector through our innovative financial, company, funding, and growth data.
Get this Data
You’ve probably heard of Cryptocurrency, but what actually is it? Cryptocurrency (or Crypto) put simply is used to describe any form of digital or virtual currency that uses cryptography to secure transactions, making it nearly impossible to counterfeit.
Instead of relying on banks, Cryptocurrency uses a peer-to-peer system that enables anyone across the world to send or receive payments, with transactions recorded in a public ledger or blockchain.
The first and most popular Cryptocurrency, Bitcoin was founded in 2009, leading to a boom in other currencies, including Ethereum, Tether and even Dogecoin.
Cryptocurrency Economy sector summary
Key information you should know about the Cryptocurrency Economy sector from our AI-driven platform of over 5 million companies:
- Cryptocurrency Economy has turnover of £81.99bn, meaning it is our 18th largest RTIC, and our 51st fastest growing sector.
- The Cryptocurrency Economy sector is getting a lot of attention from investors and is one of the top 10 fastest growing sectors for venture capital funding.
- The Cryptocurrency Economy sector is one of the top 10 fastest growing recipients of Innovate UK grants.
Cryptocurrency Economy verticals
Our Cryptocurrency Economy RTIC is made up of 5 individual industry verticals, including verticals such as Blockchain, Investment, Legal Services. You can find out more about the verticals by buying a report, visualising the sector on our platform, or by downloading the data.
- Sector Code Description Records
- RTIC0061 Cryptocurrency Economy 1522 companies
Companies offering products and/or services enabling or assisting with the transaction, investment or mining of blockchain currencies or the application of non fungible tokens to other uses.
- Cryptocurrency Economy: Blockchain318 companies
Companies providing blockchain technology for cryptocurrency transactions
- Cryptocurrency Economy: Investment928 companies
Companies creating structures that enable guided investment in cryptocurrencies
- Cryptocurrency Economy: Legal Services148 companies
Companies specialised in the provision of legal advice and services to individuals/organisations involved in the cryptocurrency market
- Cryptocurrency Economy: Mining162 companies
Companies developing technology or providing digital spaces for crypto mining
- Cryptocurrency Economy: Wallet840 companies
Companies offering digital wallets that allow for cryptocurrency trading and storage
Cryptocurrency Economy industry growth
We estimate that the UK Cryptocurrency Economy sector could be worth approximately £88.8bn by 2027, based on the compound annual growth rate (CAGR) of 1.6%. Below you can see the five year turnover forecast for the RTIC from 2023 to 2027.
Get your free Cryptocurrency Economy report
Dig deeper into the UK’s Cryptocurrency Economy with our free 2023 RTIC report, which includes:
– Summary of RTIC data & industry performance
– Overview of key verticals
– Geographic analysis & breakdown
– Key insights & trends
At The Data City we’re mapping the emerging economy through accurate and reliable real-time data. We’ve produced Real-Time Industrial Classifications (RTICs) for some of the UK’s fastest growing sectors, across over 350 industry verticals, including the Cryptocurrency Economy.
Discover more RTICs and access our other free reports today.
Who we work with
National / local government, councils & LEPs
Venture Capital, Private Equity & M&A teams
Marketing & Lead Gen Agencies
“ Through this visual mapping project, Greater Manchester will be able to showcase our success in the digital sector. “Andy Burnham | MAYOR GREATER MANCHESTER
“ Working with The Data City has been a pleasure and particularly helpful for understanding newer and emerging businesses. “JOSHUA HAWKINS, LEAD OFFICER INTERNATIONAL | MIDLANDS ENGINE
“ If you care about technology driven economic growth, you should care about RTICs. “STIAN WESTLAKE | CEO ROYAL STATISTICAL SOCIETY