10 Biggest Blockchain Companies

The blockchain business continues to be comparatively younger however is rising quickly. Blockchains are distributed databases shared among the many nodes of pc networks. They’re greatest identified for the position they play in cryptocurrencies, akin to Bitcoin, for sustaining a safe and decentralized file of transactions. Blockchains assure the authenticity and safety of a file of knowledge and generate belief with out the necessity for a trusted third social gathering. Corporations throughout the business embrace monetary expertise (fintech) corporations, cryptocurrency miners, producers of blockchain expertise, and different kinds of corporations.

We glance intimately beneath on the 10 greatest blockchain corporations by 12-month trailing (TTM) income. Some corporations outdoors the U.S. report earnings semi-annually as an alternative of quarterly, so the 12-month trailing information could also be older than it’s for corporations that report quarterly. This listing is restricted to corporations which can be publicly traded within the U.S. or Canada, both straight or by means of ADRs. Knowledge is courtesy of YCharts.com. All figures are as of Dec. 17, 2021.

• Income (TTM): $5.9 billion
• Internet Revenue (TTM): $3.0 billion
• Market Cap: $52.4 billion
• 1-12 months Trailing Complete Return: N/A (see firm description beneath)
• Change: NASDAQ

Coinbase World is a world supplier of economic infrastructure, together with transaction companies, and expertise designed for the crypto economic system. The corporate’s platform permits its retail customers to speculate, spend, save, earn, and use cryptocurrencies. The platform additionally offers establishments with a deep pool of liquidity for transacting in crypto property and permits crypto-ecosystem companions to construct crypto-based purposes in addition to securely settle for crypto property as cost. Coinbase went public in April 2021, which is why there isn’t any one-year trailing whole return information for the corporate.

• Income (TTM): $936.8 million
• Internet Revenue (TTM): $218.1 million
• Market Cap: $1.7 billion
• 1-12 months Trailing Complete Return: 223.3%
• Change: OTC Markets

Monex Group is a Japan-based on-line monetary establishment. It operates retail on-line brokerages in Japan, the U.S., China, and Australia. The corporate additionally gives companies in asset administration, funding schooling, mergers and acquisitions (M&A) advisory, worldwide international trade (foreign exchange), and cryptocurrency trade.

• Income (TTM): $450.1 million
• Internet Revenue (TTM): -$27.9 million
• Market Cap: $494.5 million
• 1-12 months Trailing Complete Return: 146.7%
• Change: New York Inventory Change

BIT Mining is a Hong Kong-based cryptocurrency mining firm. Its enterprise operations span cryptocurrency mining, information middle, and mining pool. A mining pool is a joint group of cryptocurrency miners who mix their computational assets over a community to be able to efficiently mine for cryptocurrency. The corporate additionally owns the blockchain browser BTC.com.

• Income (TTM): $438.7 million
• Internet Revenue (TTM): $87.4 million
• Market Cap: $905.0 million
• 1-12 months Trailing Complete Return: 24.7%
• Change: NASDAQ

Canaan is a China-based supplier of high-performance computing options. The corporate is targeted on application-specific, built-in circuit (ASIC) high-performance computing chip design, in addition to chip analysis and improvement, computing gear manufacturing, and software program companies. It offers a spread of AI companies and is concerned within the analysis and improvement of superior expertise, akin to AI chips, AI algorithms, system on a chip (SoC) integration, and extra.

• Income (TTM): $254.6 million
• Internet Revenue (TTM): -$76.4 million
• Market Cap: $2.0 billion
• 1-12 months Trailing Complete Return: 314.4%
• Change: OTC Markets

Voyager Digital operates as a crypto asset brokerage that gives each retail and institutional clients entry to a digital platform for getting and promoting crypto property. The corporate’s cell software gives a safe option to commerce over 60 completely different crypto property. It additionally gives world crypto cost options for each shoppers and retailers.

• Income (TTM): $224.9 million
• Internet Revenue (TTM): -$7.2 million
• Market Cap: $238.7 million
• 1-12 months Trailing Complete Return: -51.8%
• Change: New York Inventory Change

SOS is a China-based expertise firm with AI blockchain as its core expertise. The corporate offers clients with info expertise companies akin to rescue, large information, commerce, and digital asset administration. It additionally gives info safety companies and marketing-related information, expertise and options for emergency rescue companies akin to insurance coverage, finance, medical care, well being, car, security, and mutual help.

• Income (TTM): $195.2 million
• Internet Revenue (TTM): $104.6 million
• Market Cap: $996.6 million
• 1-12 months Trailing Complete Return: 25.7%
• Change: NASDAQ

HIVE Blockchain Applied sciences is a Canada-based cryptocurrency mining firm. The corporate owns 100% inexperienced energy-powered information centre amenities in Canada, Sweden, and Iceland, that are used to mine digital currencies like Bitcoin and Ethereum.

• Income (TTM): $148.9 million
• Internet Revenue (TTM): $66.3 million
• Market Cap: $4.3 billion
• 1-12 months Trailing Complete Return: 168.5%
• Change: New York Inventory Change

Silvergate Capital is the mother or father firm of Silvergate Financial institution, a supplier of economic infrastructure options and companies to members within the digital foreign money business. The corporate leverages its expertise platform to develop options for most of the largest U.S. digital foreign money exchanges and traders all over the world.

• Income (TTM): $127.6 million
• Internet Revenue (TTM): $15.4 million
• Market Cap: $2.7 billion
• 1-12 months Trailing Complete Return: 123.6%
• Change: NASDAQ

Riot Blockchain is a Bitcoin mining firm. The corporate’s mining operations embrace its facility in Texas and its hosted miners at Coinmint LLC’s New York facility. The U.S. facility is a wholly-owned subsidiary of Riot Blockchain and consists of the only largest Bitcoin mining and internet hosting facility in North America, as gauged by its electricity-generating capability.

• Income (TTM): $121.1 million
• Internet Revenue (TTM): $7.1 million
• Market Cap: $885.6 million
• 1-12 months Trailing Complete Return: 323.8%
• Change: NASDAQ

Bitfarms is a Canada-based cryptocurrency mining firm. Along with its mining operations, it gives onsite technical restore, information analytics, and electrical engineering and set up companies. It operates in two main segments: the primary one operates server farms that help the validation and verification of blockchain transactions; and the second offers electrician companies to each business and residential clients in Quebec.