Crypto Privacy Tracker

Sovereigns

There is no sovereignty without financial privacy.

The value held privately in crypto rivals some of the largest institutional holders in the world. The Monero community alone holds more than entire nations.

Here's how they compare:

Sovereigns — collective value held privately by crypto communities
Crypto — collective value held on transparent, public ledgers
DeFi — collective value locked in a protocol
Corporate — collective BTC holdings of an institution
ETFs — collective BTC holdings of a fund
State — collective BTC holdings of a nation state

Here's where the sovereigns rank.
# Entity Category BTC
1 Bitcoin (BTC) crypto ₿20.0M
2 Ethereum (ETH) crypto ₿3.3M
3 Tether (USDT) crypto ₿2.5M
4 BNB (BNB) crypto ₿1.2M
5 XRP (XRP) crypto ₿1.1M
6 USDC (USDC) crypto ₿994,650
7 iShares Bitcoin Trust (IBIT) etf ₿764,205
8 Strategy (MSTR) corporate ₿714,644
9 Solana (SOL) crypto ₿636,174
10 TRON (TRX) crypto ₿461,763
11 United States state ₿328,372
12 Figure Heloc (FIGR_HELOC) crypto ₿242,409
13 Dogecoin (DOGE) crypto ₿203,882
14 Fidelity Wise Origin Bitcoin Fund (FBTC) etf ₿201,815
15 China state ₿190,000
16 Hyperliquid (HYPE) crypto ₿175,389
17 Grayscale Bitcoin Trust (GBTC) etf ₿167,683
18 Private Crypto sovereigns ₿164,184
19 Block.one corporate ₿164,000
20 USDS (USDS) crypto ₿144,684
21 Wrapped BTC (WBTC) defi ₿125,330
22 LEO Token (LEO) crypto ₿119,859
23 Cardano (ADA) crypto ₿116,370
24 Tether corporate ₿96,184
25 Monero sovereigns ₿91,999
26 Bitcoin Cash (BCH) crypto ₿91,435
27 Chainlink (LINK) crypto ₿89,987
28 cbBTC defi ₿87,668
29 WhiteBIT Coin (WBT) crypto ₿87,098
30 Canton (CC) crypto ₿82,170
31 Toncoin (TON) crypto ₿66,539
32 BTCB defi ₿65,301
33 Stellar (XLM) crypto ₿64,804
34 USD1 (USD1) crypto ₿62,158
35 United Kingdom state ₿61,245
36 Ethena USDe (USDE) crypto ₿57,885
37 Dai (DAI) crypto ₿56,490
38 Sui (SUI) crypto ₿54,013
39 MARA Holdings (MARA) corporate ₿53,250
40 Avalanche (AVAX) crypto ₿52,156
41 MemeCore (M) crypto ₿50,280
42 Rain (RAIN) crypto ₿50,005
43 Hedera (HBAR) crypto ₿49,498
44 Grayscale Mini Trust (BTC) etf ₿48,631
45 NEAR Protocol (NEAR) crypto ₿46,619
46 PayPal USD (PYUSD) crypto ₿46,487
47 Ukraine state ₿46,351
48 ARK 21Shares Bitcoin ETF (ARKB) etf ₿45,245
49 Twenty One Capital (XXI) corporate ₿43,514
50 Shiba Inu (SHIB) crypto ₿42,539
51 Zcash (shielded) sovereigns ₿41,440
52 Bitwise Bitcoin ETF (BITB) etf ₿40,230
53 Cronos (CRO) crypto ₿39,848
54 Circle USYC (USYC) crypto ₿39,823
55 Xapo corporate ₿38,931
56 Global Dollar (USDG) crypto ₿35,757
57 Bittensor (TAO) crypto ₿35,171
58 Metaplanet (MPJPY) corporate ₿35,102
59 Tether Gold (XAUT) crypto ₿34,848
60 Casascius Coins defi ₿34,808
61 Mt. Gox corporate ₿34,504
62 BlackRock USD Institutional Digital Liquidity Fund (BUIDL) crypto ₿32,712
63 Bitcoin Standard Treasury Company (CEPO) corporate ₿30,021
64 Ondo US Dollar Yield (USDY) crypto ₿27,975
65 Mantle (MNT) crypto ₿27,859
66 PAX Gold (PAXG) crypto ₿27,692
67 Polkadot (DOT) crypto ₿27,433
68 Uniswap (UNI) crypto ₿27,307
69 Ondo (ONDO) crypto ₿26,763
70 OKB (OKB) crypto ₿25,700
71 World Liberty Financial (WLFI) crypto ₿24,875
72 River corporate ₿24,710
73 Bullish (BLSH) corporate ₿24,300
74 HTX DAO (HTX) crypto ₿24,161
75 Aster (ASTER) crypto ₿23,026
76 Falcon USD (USDF) crypto ₿22,722
77 Ripple USD (RLUSD) crypto ₿22,692
78 Sky (SKY) crypto ₿21,156
79 Pi Network (PI) crypto ₿20,233
80 CoinShares Bitcoin Tracker (BITCOIN-XBT) etf ₿20,085
81 USDD (USDD) crypto ₿19,834
82 Purpose Bitcoin ETF (BTCC) etf ₿19,769
83 Pepe (PEPE) crypto ₿19,508
84 Internet Computer (ICP) crypto ₿19,086
85 Bitget Token (BGB) crypto ₿18,209
86 Ethereum Classic (ETC) crypto ₿18,040
87 Riot Platforms (RIOT) corporate ₿18,005
88 Morpho (MORPHO) crypto ₿17,940
89 VanEck Bitcoin Trust (HODL) etf ₿17,937
90 BFUSD (BFUSD) crypto ₿17,160
91 Aave (AAVE) crypto ₿17,037
92 WisdomTree Physical Bitcoin (BTCW) etf ₿16,755
93 Worldcoin (WLD) crypto ₿15,459
94 BitMEX corporate ₿15,432
95 Coinbase Global (COIN) corporate ₿15,389
96 Render (RENDER) crypto ₿15,368
97 Quant (QNT) crypto ₿14,985
98 Cosmos Hub (ATOM) crypto ₿14,174
99 USDtb (USDTB) crypto ₿14,161
100 KuCoin (KCS) crypto ₿14,151
101 Spiko EU T-Bills Money Market Fund (EUTBL) crypto ₿13,807
102 Hut 8 Mining (HUT) corporate ₿13,696
103 CleanSpark (CLSK) corporate ₿13,513
104 United Stables (U) crypto ₿13,377
105 Strive (ASST) corporate ₿13,132
106 Algorand (ALGO) crypto ₿12,951
107 Superstate Short Duration U.S. Government Securities Fund (USTB) (USTB) crypto ₿12,852
108 POL (ex-MATIC) (POL) crypto ₿12,839
109 Solv Protocol Bitcoin defi ₿12,755
110 Blockchain Capital (BCAP) crypto ₿12,719
111 Janus Henderson Anemoy Treasury Fund (JTRSY) crypto ₿12,238
112 Kaspa (KAS) crypto ₿11,900
113 Lombard Protocol (LBTC) defi ₿11,780
114 Ethena (ENA) crypto ₿11,669
115 Trump Media & Technology Group (DJT) corporate ₿11,542
116 Tesla (TSLA) corporate ₿11,509
117 ​​Stable (STABLE) crypto ₿11,094
118 NEXO (NEXO) crypto ₿11,019
119 Function (FBTC) defi ₿10,930
120 Venice Token (VVV) crypto ₿10,600
121 DeXe (DEXE) crypto ₿10,502
122 JUST (JST) crypto ₿10,430
123 Aptos (APT) crypto ₿10,427
124 Filecoin (FIL) crypto ₿10,085
125 Stone Ridge Holdings corporate ₿10,000
126 Gate (GT) crypto ₿9,825
127 Flare (FLR) crypto ₿9,250
128 Arbitrum (ARB) crypto ₿8,865
129 Block (XYZ) corporate ₿8,780
130 Jupiter (JUP) crypto ₿8,655
131 Bitwise 10 Crypto Index Fund (BITW) etf ₿8,530
132 21Shares Bitcoin ETP (ABTC) etf ₿8,525
133 XDC Network (XDC) crypto ₿8,447
134 SpaceX corporate ₿8,285
135 Pump.fun (PUMP) crypto ₿8,154
136 Beldex sovereigns ₿7,897
137 GHO (GHO) crypto ₿7,596
138 El Salvador state ₿7,560
139 Provenance Blockchain (HASH) crypto ₿7,519
140 GD Culture Group (GDC) corporate ₿7,500
141 VeChain (VET) crypto ₿7,362
142 Dash (DASH) crypto ₿7,342
143 Injective (INJ) crypto ₿7,293
144 Usual USD (USD0) crypto ₿7,212
145 OUSG (OUSG) crypto ₿7,143
146 Pudgy Penguins (PENGU) crypto ₿7,078
147 Avalon Labs defi ₿6,997
148 Midnight (NIGHT) crypto ₿6,941
149 Galaxy Digital Holdings (GLXY) corporate ₿6,894
150 Tornado Cash sovereigns ₿6,762
151 United Arab Emirates state ₿6,420
152 Threshold Bitcoin defi ₿5,941
153 Samourai Whirlpool sovereigns ₿5,896
154 American Bitcoin Corp (ABTC) corporate ₿5,843
155 Bhutan state ₿5,600
156 Hashdex Nasdaq Crypto Index Fund (HASH11) etf ₿5,584
157 Nakamoto Inc (NAKA) corporate ₿5,398
158 3iQ The Bitcoin Fund (QBTC) etf ₿5,373
159 Franklin Bitcoin ETF (EZBC) etf ₿5,155
160 Lightning Network Public Channels defi ₿5,139
161 ProCap Financial (BRR) corporate ₿5,000
162 Invesco Galaxy Bitcoin ETF (BTCO) etf ₿4,990
163 GameStop (GME) corporate ₿4,710
164 sBTC defi ₿4,370
165 Avalanche Bridged Bitcoin defi ₿4,156
166 Gemini Space Station (GEMI) corporate ₿4,002
167 OranjeBTC (OBTC3) corporate ₿3,722
168 Bitcoin Group SE (ADE) corporate ₿3,605
169 Liquid defi ₿3,310
170 The Tezos Foundation corporate ₿2,903
171 Rootstock defi ₿2,696
172 Zano sovereigns ₿2,657
173 Decred (CSPP) sovereigns ₿2,457
174 ChinaAMC Bitcoin ETF (3042) etf ₿2,399
175 HIVE Digital Technologies (HIVE) corporate ₿2,201
176 Core Scientific (CORZ) corporate ₿2,116
177 Bitfarms (BITF) corporate ₿1,827
178 Canaan Inc (CAN) corporate ₿1,778
179 NEXON (3659) corporate ₿1,717
180 Exodus Movement (EXOD) corporate ₿1,694
181 Fold Holdings (FLD) corporate ₿1,526
182 Cipher Mining (CIFR) corporate ₿1,500
183 Zap Solutions (Strike) corporate ₿1,500
184 Railgun sovereigns ₿1,222
185 Monochrome Bitcoin ETF (IBTC) etf ₿1,218
186 Treasury (TRSR) corporate ₿1,111
187 Pirate Chain sovereigns ₿1,100
188 Bitdeer Technologies (BTDR) corporate ₿1,040
189 MimbleWimbleCoin sovereigns ₿827
190 North Korea state ₿803
191 Secret Network sovereigns ₿366
192 Litecoin (MWEB) sovereigns ₿249
193 Venezuela state ₿240
194 Steak 'n Shake corporate ₿162
195 Finland state ₿90
196 Firo (Spark) sovereigns ₿13
Treasury data from bitcointreasuries.net (2026-02-13). Crypto market caps from CoinGecko (live, top 100). Private crypto total is calculated live from tracked projects.