Editor's PiCK

"60% of Fortune 500 Companies Are Working on Blockchain Projects"

Source
Son Min

Summary

  • 60% of Fortune 500 companies stated that they are working on blockchain projects.
  • Over 80% of institutional investors said they plan to expand crypto asset investments this year.
  • 90% of Fortune 500 company executives stated that clear regulations are essential for the adoption of crypto assets.

It has been revealed that 60% of Fortune 500 companies are working on blockchain projects.

According to CoinDesk on the 10th (local time), Coinbase announced in its 'Q2 Crypto Asset Status Report' that "60% of Fortune 500 companies are engaging in blockchain projects."

Furthermore, the adoption rate of blockchain technology is expected to continue to increase. According to the report, 20% of Fortune 500 company executives stated that on-chain will be a core part of their company's future strategy, and over 80% of institutional investors said they plan to expand their crypto asset investments this year. Additionally, 46% of small and medium-sized businesses that currently do not use crypto assets responded that they plan to enter crypto-related fields within the next three years.

However, the outlet added, "Regulatory clarity is essential for crypto assets and blockchain to realize their potential," and noted, "90% of Fortune 500 company executives believe clear regulation is necessary for the adoption of crypto assets."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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