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The most representative companies in the crypto custody sector, such as Copper and BitGo, are leading the way
Recently, RootData launched a roadshow for companies in the segmented track of the cryptocurrency industry, presenting representative projects that continue to adhere to the Builder standard with transparency as the benchmark. The first issue is now released------the cryptocurrency custody track, where the cumulative financing amount of companies in this track exceeds $3.68 billion.
Specifically, Copper, BitGo, Anchorage, Cobo, Zodia Custody, Hex Trust, Amina, and CheckSig all have transparency scores above 80%, placing them in the top tier of this track.
Ceffu, Cactus Custody, and BDACS have transparency scores between 70% and 80%. Custodia Bank, Surus, Finoa, Xapo, Komainu, and SCRYPT Digital have transparency scores between 60% and 70%.
Additionally, over 60 cryptocurrency custody companies have transparency scores below 60%, with half of these companies losing market competitiveness due to insufficient funding and low transparency, resulting in a lack of customer attention.
RootData's transparency scoring is based on a comprehensive evaluation of factors such as investor background, team completeness, roadmap delivery, and news popularity. A higher transparency score indicates stronger project strength and stability.
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