The 9th annual CB Insights Fintech 100 is here.
Meet the startups most likely to shape the future of financial services.
Many of this year’s winners are building beneath the products customers see: compliance, data enrichment, tokenization, and cross-border payments.
We selected them based on deal activity, industry partnerships, team strength, investor strength, executive interviews, and proprietary metrics.
Together, these companies have raised $10.9B in equity funding and have disclosed 330+ partnerships since 2025.
These are the startups to watch if you’re investing, acquiring, partnering, or competing in financial services.
See the 2026 cohort and market map: https://t.co/FBMOi5qDIu
Our Q3 State of Stablecoins & Payments report is live.
9 months of onchain data. 15+ industry perspectives, including Visa, Stripe, Coinbase, Citizens, Stellar, Moody's Ratings and more.
From stablecoin supply to payments, cards and AI agents.
Download the full report: https://t.co/yMkPswcbKs
Our stablecoin dashboard is now live and updating hourly at RWAS<GO> on @TheTerminal. Thanks to @ethanyish and the entire @AlliumLabs team for providing the underlying data!
Crypto buybacks are having a moment. But the headline numbers can be misleading.
$638M has been spent on buybacks YTD, yet HYPE and PUMP buybacks currently represent <2.5% of trading volume.
At that scale, the buybacks matter more for reducing supply than for supporting prices
When we started @Bastion, we believed stablecoins would become core financial infrastructure. But for the world’s largest enterprises and financial institutions to adopt them, that infrastructure would need to meet the regulatory standards they already expect from their banks.
That meant building compliance, controls and governance into Bastion from the beginning, not adding them after the fact or waiting for others to pave the way.
Today, the OCC granted Bastion preliminary conditional approval for a national trust bank charter, placing us among a small group of companies to reach this stage with the OCC.
That matters because the bar should be high. Stablecoins are becoming part of the financial system, and the infrastructure powering them needs to be built for the regulatory and operational standards that come with that.
Stablecoins are moving into the financial mainstream, but institutional adoption depends on infrastructure that can meet an institutional standard.
We made the decision early to build Bastion for that standard. Today is an important validation of that decision, and we’re just getting started.
https://t.co/JiCYfQYVBP
.@Arc mainnet is live, and the data is ready on Allium from day one.
-> What’s happening to USDC on Arc?
-> Where is activity emerging?
-> How is value moving across the network?
Allium has been ingesting Arc since testnet, with normalized and enriched coverage available from mainnet launch.
Read more: https://t.co/9ysWBiIcLE
Our new State of Stablecoins and Payments report is out.
We were going to wait until the end of Q3, but with the CLARITY Act Senate vote here, we're sharing an initial version.
So far in 2026:
Supply: $303 billion, up 6% in a year
Treasury demand: about 58 cents of new demand per dollar of supply (Citizens x Allium estimate)
Payments: at least $401 billion, up 42%. Businesses receive 58% to 64%
Cross-border: 0.31% of fiat payment value, growing 64% against 9% for fiat (FXC Intelligence x Allium estimate)
Agentic payments: 29 million a month on x402, at 6 cents each
Cards: $108 million a month on one issuer, 8x in a year
https://t.co/FC4n3qshOd
Solana accounts for 12% of onchain RWA market cap.
But 32% of RWA spot volume.
We worked with @Solana to look beyond assets issued and ask a different question: how are RWAs being used onchain?
Across 12 months of data, we found $14.7B in RWA spot volume on Solana, 43M trades, and a market increasingly defined by smaller, more frequent transactions.
The full report maps 37 issuers across fixed income, private funds, equities, commodities and active strategies -- and looks at where issuance, ownership and trading are actually happening.
Read the full report: https://t.co/pLET6b1JQ6
Token buybacks are having a record year, and the @FinancialTimes dug into the trend using Allium data.
Crypto projects have spent $638M buying back their own tokens so far this year, up from $545M over the same period last year.
Our Head of Research, @eltoniselton, spoke with the FT about what’s driving the shift and whether buybacks translate into stronger token performance.
BC Blockchain is now Fintech of Boston College.
The future of finance includes the chain, the markets, and the payments that run on both.
Speakers, protocols, alumni: DM @Fintech_BC. Help us grow the future of finance at BC.
https://t.co/2mRs46KzG2
Onchain data, now in @perplexity_ai
We’re partnering with Perplexity to bring Allium’s data to Perplexity Computer.
Ask questions like:
→ Where is perps open interest concentrated today?
→ Which stablecoins saw the largest supply changes this week?
→ Which companies are issuing tokenized funds onchain, and how fast is that supply growing?
Perplexity handles the research. Allium provides the onchain data underneath.
https://t.co/QXHDFmm0xA
We built a dashboard with the @StellarOrg team to track stablecoin flows, payment volume, and RWA activity on the Stellar network in real time.
$3B+ in tokenized RWAs. 13 stablecoins across 10+ currencies. 3M+ active payment addresses in the past year.
Live at: https://t.co/vLPNBnnC0s
I'm delighted to share I've joined Allium, as of today a $40M Series B.
I am proud o be on the team building the data infrastructure powering the next generation of onchain finance and helping institutions like universities and newsrooms make sense of blockchain data.
@ethanyish