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 ₿20.1M
2 Ethereum (ETH) crypto ₿3.6M
3 Tether (USDT) crypto ₿2.3M
4 BNB (BNB) crypto ₿1.2M
5 XRP (XRP) crypto ₿1.0M
6 USDC (USDC) crypto ₿926,641
7 Strategy (MSTR) corporate ₿848,250
8 iShares Bitcoin Trust (IBIT) etf ₿806,037
9 Solana (SOL) crypto ₿699,056
10 TRON (TRX) crypto ₿397,913
11 Figure Heloc (FIGR_HELOC) crypto ₿357,207
12 United States state ₿328,372
13 Private Crypto sovereigns ₿269,593
14 Hyperliquid (HYPE) crypto ₿244,295
15 China state ₿190,000
16 Fidelity Wise Origin Bitcoin Fund (FBTC) etf ₿184,058
17 Block.one corporate ₿164,000
18 Monero sovereigns ₿152,577
19 Dogecoin (DOGE) crypto ₿148,304
20 Grayscale Bitcoin Trust (GBTC) etf ₿131,528
21 USDS (USDS) crypto ₿125,556
22 Wrapped BTC (WBTC) defi ₿116,150
23 WhiteBIT Coin (WBT) crypto ₿114,021
24 LEO Token (LEO) crypto ₿113,101
25 Chainlink (LINK) crypto ₿109,348
26 Tether corporate ₿100,000
27 cbBTC defi ₿97,703
28 Cardano (ADA) crypto ₿91,433
29 Zcash (Shielded) sovereigns ₿86,011
30 Bitcoin Cash (BCH) crypto ₿72,576
31 Stellar (XLM) crypto ₿72,112
32 BTCB defi ₿65,301
33 NEAR Protocol (NEAR) crypto ₿64,256
34 Grayscale Mini Trust (BTC) etf ₿62,874
35 United Kingdom state ₿61,245
36 Ethena USDe (USDE) crypto ₿59,356
37 Dai (DAI) crypto ₿59,050
38 Rain (RAIN) crypto ₿57,780
39 Uniswap (UNI) crypto ₿55,588
40 Canton (CC) crypto ₿50,381
41 Avalanche (AVAX) crypto ₿48,353
42 USD1 (USD1) crypto ₿47,302
43 Sui (SUI) crypto ₿46,897
44 Ukraine state ₿46,351
45 Metaplanet (MPJPY) corporate ₿44,000
46 Twenty One Capital (XXI) corporate ₿43,514
47 Tether Gold (XAUT) crypto ₿42,987
48 Gram (prev. Toncoin) (GRAM) crypto ₿41,582
49 Hedera (HBAR) crypto ₿39,892
50 Xapo corporate ₿38,931
51 Bitwise Bitcoin ETF (BITB) etf ₿38,189
52 Global Dollar (USDG) crypto ₿36,584
53 Quant (QNT) crypto ₿36,537
54 MARA Holdings (MARA) corporate ₿35,577
55 Shiba Inu (SHIB) crypto ₿35,549
56 PayPal USD (PYUSD) crypto ₿35,457
57 ARK 21Shares Bitcoin ETF (ARKB) etf ₿35,026
58 Ripple USD (RLUSD) crypto ₿34,809
59 Casascius Coins defi ₿34,808
60 Mt. Gox corporate ₿34,504
61 Bittensor (TAO) crypto ₿33,830
62 River corporate ₿33,737
63 Cronos (CRO) crypto ₿32,796
64 Strive (ASST) corporate ₿32,773
65 Ondo US Dollar Yield (USDY) crypto ₿31,397
66 Bitcoin Standard Treasury Company (BSTR) corporate ₿30,021
67 OKB (OKB) crypto ₿29,481
68 Ethena (ENA) crypto ₿28,958
69 Circle USYC (USYC) crypto ₿28,731
70 Pepe (PEPE) crypto ₿27,007
71 Aave (AAVE) crypto ₿26,629
72 Spiko Amundi Overnight Swap Fund (EUR) (EURSAFO) crypto ₿25,174
73 MemeCore (M) crypto ₿24,767
74 BlackRock USD Institutional Digital Liquidity Fund (BUIDL) crypto ₿24,765
75 Ondo (ONDO) crypto ₿23,997
76 Falcon USD (USDF) crypto ₿23,958
77 PAX Gold (PAXG) crypto ₿23,843
78 Pump.fun (PUMP) crypto ₿23,673
79 Aster (ASTER) crypto ₿23,493
80 Bitway (BTW) crypto ₿22,703
81 Bullish (BLSH) corporate ₿22,000
82 United Stables (U) crypto ₿21,133
83 CoinShares Bitcoin Tracker (BITCOIN-XBT.ST) etf ₿20,850
84 Polkadot (DOT) crypto ₿20,778
85 Sky (SKY) crypto ₿19,900
86 USDD (USDD) crypto ₿19,766
87 World Liberty Financial (WLFI) crypto ₿19,724
88 Morpho (MORPHO) crypto ₿19,591
89 WisdomTree Physical Bitcoin (BTCW.SW) etf ₿19,260
90 Mantle (MNT) crypto ₿19,015
91 SpaceX (SPCX) corporate ₿18,712
92 Purpose Bitcoin ETF (BTCC.TO) etf ₿18,373
93 HTX DAO (HTX) crypto ₿18,158
94 Internet Computer (ICP) crypto ₿17,688
95 BFUSD (BFUSD) crypto ₿17,325
96 Coinbase Global (COIN) corporate ₿17,311
97 Worldcoin (WLD) crypto ₿17,057
98 Bitget Token (BGB) crypto ₿15,843
99 USDGO (USDGO) crypto ₿15,210
100 Arbitrum (ARB) crypto ₿14,908
101 JUST (JST) crypto ₿14,845
102 VanEck Bitcoin Trust (HODL) etf ₿14,767
103 Ethereum Classic (ETC) crypto ₿14,569
104 Venice Token (VVV) crypto ₿13,555
105 CleanSpark (CLSK) corporate ₿13,530
106 KuCoin (KCS) crypto ₿13,226
107 Gate (GT) crypto ₿13,124
108 POL (ex-MATIC) (POL) crypto ₿13,098
109 Trump Media & Technology Group (DJT) corporate ₿12,062
110 Open USD (OUSD) crypto ₿11,921
111 Lombard Protocol (LBTC) defi ₿11,780
112 Tesla (TSLA) corporate ₿11,509
113 Riot Platforms (RIOT) corporate ₿11,380
114 Pi Network (PI) crypto ₿11,249
115 Lighter (LIT) crypto ₿11,128
116 Algorand (ALGO) crypto ₿11,108
117 Kaspa (KAS) crypto ₿10,983
118 Injective (INJ) crypto ₿10,832
119 Render (RENDER) crypto ₿10,744
120 Jupiter (JUP) crypto ₿10,732
121 Hut 8 Mining (HUT) corporate ₿10,278
122 Tornado Cash sovereigns ₿10,200
123 Stone Ridge Holdings corporate ₿10,000
124 Cosmos Hub (ATOM) crypto ₿9,975
125 NEXO (NEXO) crypto ₿9,896
126 GHO (GHO) crypto ₿9,175
127 Block (XYZ) corporate ₿9,117
128 Filecoin (FIL) crypto ₿8,921
129 Solv Protocol Bitcoin defi ₿8,643
130 Midnight (NIGHT) crypto ₿8,569
131 Stacks (STX) crypto ₿8,505
132 Function (FBTC) defi ₿8,460
133 LayerZero (ZRO) crypto ₿8,406
134 American Bitcoin Corp (ABTC) corporate ₿8,300
135 PancakeSwap (CAKE) crypto ₿8,277
136 Invesco Short Duration US Government Securities Fund (USTB) crypto ₿8,216
137 21Shares Bitcoin ETP (ABTC.SW) etf ₿8,195
138 XDC Network (XDC) crypto ₿8,033
139 El Salvador state ₿7,803
140 Pearl (PEARL) crypto ₿7,746
141 Dash (DASH) crypto ₿7,641
142 Janus Henderson Anemoy AAA CLO Fund (JAAA) crypto ₿7,599
143 GD Culture Group (GDC) corporate ₿7,500
144 Beldex sovereigns ₿7,403
145 Ether.fi (ETHFI) crypto ₿7,398
146 Usual USD (USD0) crypto ₿7,106
147 Bitwise 10 Crypto Index Fund (BITW) etf ₿7,056
148 Avalon Labs defi ₿6,997
149 Aptos (APT) crypto ₿6,975
150 Galaxy Digital Holdings (GLXY) corporate ₿6,894
151 United Arab Emirates state ₿6,420
152 Franklin Bitcoin ETF (EZBC) etf ₿6,331
153 Threshold Bitcoin defi ₿5,941
154 Gemini Space Station (GEMI) corporate ₿5,528
155 Hashdex Nasdaq Crypto Index Fund (HASH11.SA) etf ₿5,440
156 Invesco Galaxy Bitcoin ETF (BTCO) etf ₿5,113
157 ProCap Financial (SVIA) corporate ₿4,965
158 Samourai Whirlpool sovereigns ₿4,918
159 Nakamoto Inc (NAKA) corporate ₿4,467
160 sBTC defi ₿4,370
161 3iQ The Bitcoin Fund (QBTC.TO) etf ₿4,336
162 Avalanche Bridged Bitcoin defi ₿4,156
163 OranjeBTC (OBTC3.SA) corporate ₿3,950
164 BitMEX corporate ₿3,699
165 Lightning Network Public Channels defi ₿3,658
166 Liquid defi ₿3,632
167 Bitcoin Group SE (ADE.DE) corporate ₿3,605
168 The Tezos Foundation corporate ₿2,903
169 Rootstock defi ₿2,696
170 ChinaAMC Bitcoin ETF (3042.HK) etf ₿2,603
171 Decred (CSPP) sovereigns ₿1,940
172 Canaan Inc (CAN) corporate ₿1,917
173 NEXON (3659.T) corporate ₿1,717
174 MimbleWimbleCoin sovereigns ₿1,614
175 Zap Solutions (Strike) corporate ₿1,500
176 Monochrome Bitcoin ETF (IBTC.XA) etf ₿1,442
177 Railgun sovereigns ₿1,416
178 Zano sovereigns ₿1,232
179 Treasury (TRSR) corporate ₿1,111
180 Core Scientific (CORZ) corporate ₿848
181 North Korea state ₿803
182 Cipher Mining (CIFR) corporate ₿646
183 Exodus Movement (EXOD) corporate ₿600
184 Bhutan state ₿518
185 Pirate Chain sovereigns ₿479
186 Litecoin (MWEB) sovereigns ₿359
187 Venezuela state ₿240
188 Epic Cash sovereigns ₿213
189 Fold Holdings (FLD) corporate ₿192
190 Steak 'n Shake corporate ₿162
191 HIVE Digital Technologies (HIVE) corporate ₿150
192 Tari sovereigns ₿106
193 Finland state ₿90
194 Ashigaru Whirlpool sovereigns ₿77
195 Navio sovereigns ₿42
196 Secret Network sovereigns ₿42
197 Grin sovereigns ₿41
198 Zephyr Protocol sovereigns ₿31
199 Nerva sovereigns ₿26
200 XELIS sovereigns ₿20
201 Beam sovereigns ₿19
202 Firo (Spark) sovereigns ₿13
203 GameStop (GME) corporate ₿1
204 Bitdeer Technologies (BTDR) corporate ₿0
Treasury data from bitcointreasuries.net (2026-10-13). Crypto market caps from CoinGecko (live, top 100). Private crypto total is calculated live from tracked projects.