Status: in progress.
This post is about the cryptocurrencies ecosystem in Latvia.
All information in this post is the result of research and is NOT OFFICIAL. it's not an end, can serve only as a basic starting point if you are looking for information about Latvia cryptocurrencies ecosystem.
do your own research
Last update: Nov 13, 2025
Association
LBAA
the Latvian blockchain association (LBAA) is a non-profit organization that promotes the adoption of blockchain technology and facilitates collaboration between market participants and stakeholders. Services provided by LBAA include :
- - education,
- - networking,
- - accelerator,
- - representation,…
API
Magnetiq Bank
Magnetiq bank provide open architecture payment solutions and a comprehensive suite of banking services designed to expand a Fintech business or launch a startup effortlessly.
join
JOIN is an all-in-one fiat ramp and wallet API, they help Fintechs, exchanges, DAOs, and institutions integrate fiat SEPA rails and multi-network wallets directly into their products. Features provided by JOIN include :
- - on/off-ramp,
- - wallets management,
- - balances and transactions monitoring,
- - compliance,
- - security,...
Event
Baltic honeybadger
Baltic honeybadger is the most OG bitcoin conference in the world. The event provide :
- - top-tier education from industry experts, focused on bitcoin as a freedom tool,
- - the latest advancements in freedom tech, and essential tools for free speech,…
Exchange
AlteWay
AlteWay is an alternative in the financial industry. AlteWay promotes the transformation of current financial system and develops cutting-edge products using blockchain technologies. Services provided by AlteWay include :
- - P2P marketplace,
- - online retail,
- - OTC desk,...
letknow
LetKnow Pay is a European union-licensed Crypto payment services provider delivering SAAS-based payment infrastructure for businesses operating at the intersection of digital assets and traditional finance. Services and features provided by LetKnow Pay include :
- - Crypto processing,
- - digital wallet,
- - digital exchange,...
Legal
Sorainen
Sorainen are an international business law firm providing assistance services such as :
- - regulating innovative blockchain finance,
- - establishment and licensing,
- - AML and compliance,
- - connecting crypto and fiat assets,...
Loan
capitalia
established in 2007, capitalia is the leading financier of small and medium sized businesses in the Baltic countries. Their principal core competence is in funding businesses. Altogether they have financed more than 5,000 companies for the total of over EUR 100 million. Capitalia provide modern financing loans from EUR 10,000 to EUR 1,000,000 for companies holding cryptocurrency assets, the loans are secured by BTC or ETH up to 75 % of the market price.
Media
Fintech latvija asociacija
fintechlatvia.eu is a website maintained by Latvijas Banka. It offers information on Latvijas Banka’s support mechanisms for developers of innovative financial products and services, the current progress in the financial innovation field and innovative financial services an products in Latvia, as well as advantages for the development of start-ups in Latvia. fintechlatvia.eu provide an insight into a number of innovative financial services, products and regulatory framework : crowdfunding, investment platforms, Crypto-assets, payment and e-money institutions,...
Mining
goldingen tech
goldingen tech combines deep expertise in IT and engineering, they specialize in optimizing existing classical/disaster recovery (DR), HPC, and cryptocurrency mining data centers, as well as designing and deploying new computing facilities. Products and services provided by goldingen tech include :
- - Crypto servers hosting containers,
- - hydro cooling systems,
- - energy storage,...
Payment
Nexpay
Nexpay is a leading B2B banking provider in europe, they provide Crypto exchanges and businesses with secure fiat on-ramp and off-ramp solutions, allowing seamless conversion between cryptocurrencies and traditional currencies.
Trading
gravity team
gravity team is one of the top algorithmic market makers and liquidity providers in the Crypto space. Services provided by gravity team include :
- - liquidity for Crypto exchanges,
- - Crypto coin market making,…
open hedge
openhedge is a team of entrepreneurs, researchers and engineers focused on shaping the core of web3 infrastructure over decades to come. Poducts and services provided by Openhedge include :
- - joint ventures : engineering, systems design, UI/UX, …
- - fund advisory : fundamental research, portfolio construction, delta neutral strategies, volatility arbitrage, exotic hedging, private seed deal flow,...
Web3
beetroot lab
beetrootlab is an award-winning world-class mobile game studio and blockchain projects developer with a passion for games.
blockvis
blockvis leverages deep blockchain expertise to build secure, transparent, and high-performing AI agents and prompt-driven solutions. Blockchain & web3 solutions provided by blockvis include :
- - smart contract development,
- - DeFi protocol design & auditing,
- - web3 application architecture,
- - blockchain security consulting,...
open hedge
openhedge is a team of entrepreneurs, researchers and engineers focused on shaping the core of web3 infrastructure over decades to come. Products and services provided by Openhedge include :
- - joint ventures : engineering, systems design, UI/UX, …
- - fund advisory : fundamental research, portfolio construction, delta neutral strategies, volatility arbitrage, exotic hedging, private seed deal flow,...
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