The Rise of Estonia’s Cryptocurrency Ecosystem: 15 Companies to Watch

3 mins read

Estonia, a country located in Northern Europe, has become a hub for innovative cryptocurrency startups in recent years. With its digital-friendly government and a highly skilled workforce, the country has attracted a diverse range of companies in the crypto and blockchain space. In this article, we will introduce you to 15 interesting cryptocurrency startups located in Tallinn, Harjumaa, Estonia.

BITLEVEX: Providing a Range of Financial Services

BITLEVEX is a developing platform that provides a variety of financial services, including crypto-to-crypto trading, margin trading, futures trading, and spot trading. The company aims to provide traders with a safe, reliable, and efficient trading experience.

Primex Finance: A Decentralized Prime Brokerage

Primex Finance is a decentralized prime brokerage that connects lenders, traders, and market makers. The company is focused on providing a transparent and secure platform for institutional and retail investors to trade and lend cryptocurrencies.

CoinMetro: Fueling the Future of Blockchain Innovation

CoinMetro is a financial platform that aims to fuel the future of blockchain innovation. The platform provides a range of financial services, including a digital asset exchange, a multi-currency wallet, and an ICO platform. CoinMetro’s goal is to make it easy for anyone to buy, sell, and trade digital assets.

Utorg: A Unique User Experience

Utorg is a fintech company that offers a modern on/off-ramp and web3 consumer infrastructure to deliver a unique user experience. The platform is designed to make it easy for anyone to buy, sell, and store cryptocurrencies, as well as access decentralized applications.

Crypterium: Instant Payments in Cryptocurrency

Crypterium is a mobile app that allows instant payments in cryptocurrency. The app aims to make it easy for anyone to use cryptocurrencies in their day-to-day lives, whether it’s paying bills or buying groceries.

Raison: Late Venture Investment Deals

Raison is an app that offers top-tier late venture investment deals available from $1 and operations with ETH, BTC, USDC, EUR, and other currencies. The app also provides a range of wealth management services to help investors manage their portfolios.

Striga: Embedded Crypto Native Banking as a Service

Striga is a platform that provides embedded crypto-native banking as a service. The platform is designed to help financial institutions integrate blockchain and cryptocurrency into their existing systems, making it easier to offer new financial products and services.

MyCointainer: A Staking Service Platform

MyCointainer is a staking service platform that makes it easy for anyone to earn passive income by holding cryptocurrencies. The platform supports a wide range of cryptocurrencies and offers competitive staking rewards.

PlasmaPay: A Crypto/Fiat Payment System

PlasmaPay is a crypto/fiat payment system and fintech platform for new financial services. The platform is designed to make it easy for anyone to send and receive payments in cryptocurrencies or fiat currencies.

CoinLoan: The Most Advanced Crypto Lending Platform

CoinLoan is a platform that provides advanced crypto lending services. The platform allows users to borrow and lend cryptocurrencies, as well as use their digital assets as collateral for loans.

StakeWise: Capital-Efficient Staking on Ethereum 2.0

StakeWise is an open-source protocol for capital-efficient staking on Ethereum 2.0. The platform is designed to make it easy for anyone to stake their ETH and earn rewards without locking up their assets for an extended period.

Stex: Multi-Currency Cryptocurrency Trading Platform

Stex is a multi-currency cryptocurrency trading platform that focuses on ICO and altcoins. The platform offers a range of trading tools and features, including margin trading, stop-loss orders, and a mobile app.

IQ Labs: Decentralized Development of Novel Protocols in DeFi Space

IQ Labs coordinates the decentralized development of novel frameworks and protocols in the DeFi space. The company aims to promote innovation and collaboration within the industry to create new opportunities for decentralized finance.

Kriptomat: The Most Simple Platform for Investing in Cryptocurrency

Kriptomat is rated the most simple platform for investing in cryptocurrency. The platform offers a user-friendly interface and supports a wide range of cryptocurrencies, making it easy for anyone to start investing in digital assets.

Glitter Finance: Addressing Capital Inefficiency in DeFi

Glitter Finance is a platform that addresses current capital inefficiency in decentralized finance. The platform provides a range of financial services, including staking, liquidity pools, and yield farming.


Estonia’s vibrant cryptocurrency startup scene has been attracting attention from investors and innovators around the world. These 15 startups showcase the diverse range of companies and services available in the country, from decentralized prime brokerage to crypto-native banking as a service. As the industry continues to grow and evolve, we can expect to see even more exciting developments coming out of Estonia in the future.

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