FinTech Blockchain Market by Provider (Application & Solution Providers, Infrastructure & Base Protocol Providers, Middleware & Service Providers), Organization Size (Large Enterprises, Small & Medium Enterprises), Application, Vertical - Global Forecast

FinTech Blockchain Market by Provider (Application & Solution Providers, Infrastructure & Base Protocol Providers, Middleware & Service Providers), Organization Size (Large Enterprises, Small & Medium Enterprises), Application, Vertical - Global Forecast 2024-2030


The FinTech Blockchain Market size was estimated at USD 7.41 billion in 2023 and expected to reach USD 9.95 billion in 2024, at a CAGR 36.30% to reach USD 64.77 billion by 2030.

Blockchain in FinTech is a decentralized and distributed digital ledger that securely records transactions across multiple computers in real-time, ensuring data integrity, transparency, and immutability. Blockchain technology in FinTech enables efficient processing and management of various financial operations such as cross-border payments, securities trading, and digital identity verification. It achieves this by eliminating intermediaries such as banks and clearinghouses, thereby streamlining processes, reducing costs, and enhancing security. Moreover, its decentralized nature allows for enhanced collaboration among participants through smart contracts as self-executing agreements with predefined rules encoded on the platform. The popularity and adoption of cryptocurrencies such as Bitcoin and Ethereum, along with the need for secure payment systems in the FinTech industry, has increased the adoption of blockchain solutions. However, uncertain regulatory standards and frameworks in various countries, along with security concerns, are restricting market growth. On the other hand, growing investments in FinTech and blockchain technology for technological advancement & integration of AI and ML in FinTech blockchain are expected to create lucrative growth prospects for the market in the upcoming years.

Regional Insights

In the Americas, well-established financial hubs and the increasing use of cryptocurrency raised the utilization of FinTech blockchain technology. FinTech companies in the United States, Canada, Brazil, and Mexico focus on employing blockchain technology to eliminate the need for third-party intermediaries in financial operations. The United States, Mexico, Canada, Brazil, and Argentina governments support responsible digitalization of financial institutes and blockchain integration in financial processes to expand access to safe financial services. In Asia-Pacific, rapidly rising digital transactions, government initiatives and investment in blockchain technology, and advancement in FinTech blockchain technology significantly increased the utilization of FinTech blockchain technology. Countries, including Singapore and Hong Kong, have established global financial centers by embracing digital transformation initiatives. Traditional finance institutions are partnering with emerging tech firms to leverage their expertise in blockchain implementation for streamlining processes such as cross-border payment transactions across the region. The adoption of FinTech blockchain technology in the EMEA region has experienced significant growth, owing to the increasing regulatory support, collaboration between banks and blockchain startups, and rising demand for enhanced financial services. The European Union (EU) implemented the revised Payment Services Directive (PSD2), which encourages innovation in financial services by opening up banking data to third parties through application programming interfaces (APIs).

Market Insights
  • Market Dynamics

    The market dynamics represent an ever-changing landscape of the FinTech Blockchain Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
    • Market Drivers
      • Rising popularity and adoption of cryptocurrencies such as bitcoins and ethereum
      • Need for cost-effective cross-border payment systems and benefits of blockchain in FinTech
      • Government support for digitization and cashless society
      • Market Restraints
        • Stringent regulatory standards and frameworks coupled with lack of skilled professionals
        • Market Opportunities
          • Technological developments and integrations of AI and ML in fintech blockchain
          • Growing investments in fintech blockchain technology
          • Market Challenges
            • Security concerns associated with blockchain technology
            • Market Segmentation Analysis
              • Provider: Expanding utilization by infrastructure & base protocol providers for building scalable and secure blockchain networks
              • Organization Size: growing adoption by large enterprises for faster transaction processing
              • Application: Growing use of blockchain technology for payment, clearing & settlement application
              • Vertical: Wider application of blockchain technology by banking sector for automate their processes
              • Market Disruption Analysis
              • Porter’s Five Forces Analysis
              • Value Chain & Critical Path Analysis
              • Pricing Analysis
              • Technology Analysis
              • Patent Analysis
              • Trade Analysis
              • Regulatory Framework Analysis
              FPNV Positioning Matrix

              The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the FinTech Blockchain Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

              Market Share Analysis

              The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the FinTech Blockchain Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

              Recent Developments
              • Sam Altman's biometrics-based cryptocurrency Worldcoin is now live

                In the field of Financial Technology (FinTech) and Blockchain, Sam Altman, the CEO of OpenAI, recently introduced Worldcoin. This FinTech Blockchain cryptocurrency aims to address challenges associated with online identity and income inequality. Worldcoin implements a unique proof of personhood (PoP) credential, which is issued through the utilization of a biometric imaging device called the Orb. This cryptocurrency has undergone extensive testing in multiple countries over a three-year period. Additionally, it will be providing 1,500 orbs free of charge in 35 cities across 20 countries.

                OKX Wallet Partners with PulseChain

                OKX announced that OKX Wallet, the versatile crypto wallet designed for multiple platforms, has entered a strategic partnership with PulseChain. OKX Wallet integrated the PulseChain blockchain, allowing users to transfer crypto assets and complete on-chain transactions directly through the OKX Wallet.

                Blockchain-based reinsurer Re joins hands with VIPR to redefine reinsurance transparency

                Re, a reinsurance provider that utilizes blockchain technology has recently announced an impactful strategic partnership with VIPR Solutions. This collaboration aims to bolster security, streamline processes, and promote transparency by harnessing on-chain data. The partnership enabled access to secure and immutable data within the reinsurance industry.
              Strategy Analysis & Recommendation

              The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the FinTech Blockchain Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

              Key Company Profiles

              The report delves into recent significant developments in the FinTech Blockchain Market, highlighting leading vendors and their innovative profiles. These include Accenture PLC, AlphaPoint, Amazon Web Services, Inc., Anchorage Digital, Applied Blockchain Ltd., Auxesis Group, Bitfury Group Limited, BitGo Holdings, Inc., BitPay, Inc., Blockchain.com, Inc., Chain Global Ltd., Chainalysis Inc., Circle Internet Financial, LLC, Coinbase Global, Inc., Consensys Software Inc., Digital Asset Holdings, LLC, Factom, Gemini Trust Company, LLC, GuardTime OÜ,, International Business Machines Corporation, JPMorgan Chase & Co., Kraken by Payward, Inc., Microsoft Corporation, Morgan Stanley, Oracle Corporation, R3 HoldCo LLC, Ripple Labs Inc., Stellar Development Foundation, Tata Consultancy Services, and Wipro.

              Market Segmentation & Coverage

              This research report categorizes the FinTech Blockchain Market to forecast the revenues and analyze trends in each of the following sub-markets:
              • Provider
                • Application & Solution Providers
                • Infrastructure & Base Protocol Providers
                • Middleware & Service Providers
                • Organization Size
                  • Large Enterprises
                  • Small & Medium Enterprises
                  • Application
                    • Compliance Management & Know Your Customers
                    • Cross-Border Payment and Exchanges & Remittance
                    • Identity Management
                    • Payment, Clearing & Settlement
                    • Smart Contract
                    • Vertical
                      • Banking
                      • Insurance
                      • Non-Banking Financial Services
                      • Region
                        • Americas
                          • Argentina
                          • Brazil
                          • Canada
                          • Mexico
                          • United States
                            • California
                            • Florida
                            • Illinois
                            • New York
                            • Ohio
                            • Pennsylvania
                            • Texas
                            • Asia-Pacific
                              • Australia
                              • China
                              • India
                              • Indonesia
                              • Japan
                              • Malaysia
                              • Philippines
                              • Singapore
                              • South Korea
                              • Taiwan
                              • Thailand
                              • Vietnam
                              • Europe, Middle East & Africa
                                • Denmark
                                • Egypt
                                • Finland
                                • France
                                • Germany
                                • Israel
                                • Italy
                                • Netherlands
                                • Nigeria
                                • Norway
                                • Poland
                                • Qatar
                                • Russia
                                • Saudi Arabia
                                • South Africa
                                • Spain
                                • Sweden
                                • Switzerland
                                • Turkey
                                • United Arab Emirates
                                • United Kingdom


                                Please Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising popularity and adoption of cryptocurrencies such as bitcoins and ethereum
5.1.1.2. Need for cost-effective cross-border payment systems and benefits of blockchain in FinTech
5.1.1.3. Government support for digitization and cashless society
5.1.2. Restraints
5.1.2.1. Stringent regulatory standards and frameworks coupled with lack of skilled professionals
5.1.3. Opportunities
5.1.3.1. Technological developments and integrations of AI and ML in fintech blockchain
5.1.3.2. Growing investments in fintech blockchain technology
5.1.4. Challenges
5.1.4.1. Security concerns associated with blockchain technology
5.2. Market Segmentation Analysis
5.2.1. Provider: Expanding utilization by infrastructure & base protocol providers for building scalable and secure blockchain networks
5.2.2. Organization Size: growing adoption by large enterprises for faster transaction processing
5.2.3. Application: Growing use of blockchain technology for payment, clearing & settlement application
5.2.4. Vertical: Wider application of blockchain technology by banking sector for automate their processes
5.3. Market Trend Analysis
5.3.1. Significant investments and advancements in FinTech blockchain in the Americas
5.3.2. Supportive government policies for the development of FinTech blockchain technology encourage market growth in Asia-Pacifc
5.3.3. Arising evolution toward the blockchain ecosystem expands the EMEA region's market growth
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter’s Five Forces Analysis
5.6.1. Threat of New Entrants
5.6.2. Threat of Substitutes
5.6.3. Bargaining Power of Customers
5.6.4. Bargaining Power of Suppliers
5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
6. FinTech Blockchain Market, by Provider
6.1. Introduction
6.2. Application & Solution Providers
6.3. Infrastructure & Base Protocol Providers
6.4. Middleware & Service Providers
7. FinTech Blockchain Market, by Organization Size
7.1. Introduction
7.2. Large Enterprises
7.3. Small & Medium Enterprises
8. FinTech Blockchain Market, by Application
8.1. Introduction
8.2. Compliance Management & Know Your Customers
8.3. Cross-Border Payment and Exchanges & Remittance
8.4. Identity Management
8.5. Payment, Clearing & Settlement
8.6. Smart Contract
9. FinTech Blockchain Market, by Vertical
9.1. Introduction
9.2. Banking
9.3. Insurance
9.4. Non-Banking Financial Services
10. Americas FinTech Blockchain Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific FinTech Blockchain Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa FinTech Blockchain Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
13.3.1. Sam Altman's biometrics-based cryptocurrency Worldcoin is now live
13.3.2. OKX Wallet Partners with PulseChain
13.3.3. Blockchain-based reinsurer Re joins hands with VIPR to redefine reinsurance transparency
13.3.4. Visa Acquires USD 1 Billion FinTech In Brazil to Boost Digital Payments
13.3.5. Metatime Raises USD 25 million Investment to Propel Blockchain Ecosystem Expansion
13.3.6. Arbol’s Unveils new Blockchain Parametric Reinsurance Platform
13.3.7. Ripple acquires Metaco in USD 250m deal
13.3.8. Capitual Raises USD 16 Million in Funding From Azimut to Expand Operations
13.3.9. AWS partners with Avalanche to scale blockchain solutions for enterprises, governments
13.3.10. Blockchain FinTech GammaRey signs USD 320M merger agreement
13.3.11. Abu Dhabi FinTech Startup Raises USD 20 Million in Series B Funding Round
13.3.12. Blockchain Data Platform Chainalysis Raises USD 170 million Series F
14. Competitive Portfolio
14.1. Key Company Profiles
14.2. Key Product Portfolio

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