46 Publicly Traded Blockchain Companies in the Market: A Glimpse into the Growing Crypto Sector
The post 46 Publicly Traded Blockchain Companies in the Market: A Glimpse into the Growing Crypto Sector appeared on BitcoinEthereumNews.com.
The past decade has seen the explosive growth of the blockchain and cryptocurrency industries, with not a few companies choosing to enter the public markets to take advantage of the nearly insatiable appetite for all things decentralized. Per our last look at the space, there are now 46 public trading companies worth mentioning in the CoinGecko universe, which—if nothing else—gives you a sense of some of the potential inside the burgeoning blockchain ecosystem. Below, we profile these companies, hitting the main highlights—what they do, how they do it, and how much they’re worth—across three different trading exchanges. The Landscape of Publicly Traded Blockchain Companies CoinGecko’s research indicates that among the 46 blockchain companies that are publicly traded, 24 are listed on NASDAQ, the global stock exchange most famous for its technology-oriented listings. The biggest of these blockchain-related companies, by market capitalization, is Coinbase, the cryptocurrency exchange platform that everyone seems to know. With a truly breathtaking market cap of $74 billion, it sits atop not only NASDAQ but also the entire blockchain sector. Coinbase has such a near monopoly in the space where it operates that it is mandatory to mention it when discussing investments in the blockchain sector. Immediately following Coinbase is Marathon Digital Holdings, a principal Bitcoin mining company. Its market cap sits at around $7 billion, which is much lower than that of Coinbase, but Marathon is still a commanding presence within the mining sector. The company has profited from the rising demand for not just Bitcoin but also other cryptocurrencies. It has been consistently enlarging its scope and pushing the boundaries of what mining entails, and it has doing so with a clear and steadfast idea of Bitcoin and other cryptocurrencies as a future currency. Coinbase and Marathon rank first and second, respectively, in market cap…
Filed under: News - @ February 8, 2025 1:27 pm