56% of Fortune 500 companies are working on on-chain projects
The number of cryptocurrency, Blockchain, or Web 3.0 plans announced by Fortune 100 companies has increased by 39% in the past 12 months, reaching a historic high in the first quarter of 2024. A survey of executives from Fortune 500 companies found that 56% of them said their companies are working on blockchain projects. From the largest traditional brands to small businesses, from stablecoins to tokenized treasury bills, trusted names and products in the financial sector are embracing blockchain technology and cryptocurrencies, driving innovation and providing avenues for widespread adoption. The increase in activity highlights the urgency of developing clear rules for cryptocurrencies, which can help keep cryptocurrency developers and other talent in the United States.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fidelity Introduces Crypto IRA With Bitcoin, Ethereum, Litecoin
Fidelity’s crypto IRA has no fees and gives investors the option to set it up as a Roth IRA, traditional IRA, or rollover IRA.
Circle files for IPO
XRP Open Interest Surges 1.27% to $3.64B, Options OI Jumps 35% – Volatility Ahead
FDUSD released an audit report in February: Reserve assets exceeded 100%, supporting 1:1 exchange
Trending news
MoreCrypto prices
More
