Fortune, one of the most followed business-finance publications in the world, has prepared a new ranking list for the crypto and blockchain industry. Listing the largest companies in the USA with the Fortune 500 index, Fortune has gathered the initiatives that it considers important for the crypto sector in the new list called Crypto 40.
Experts took the digital industry from eight different branches and ranked the top 5 companies in their fields as follows:
- Centralized Crypto Platforms (CeFi): Coinbase, Binance, Kraken, Galaxy Digital, Circle.
- Traditional Finance (TradFi): PayPal, Robinhood, JPMorgan Chase, Fidelity, Visa.
- Venture Capital (VC): Polychain, Animoca Brands, a16z, Pantera, Blockchain Capital.
- NFTs: OpenSea, Yuga Labs, Sky Mavis, Art Blocks, RTFKT.
- Data: Chainalysis, Coin Metrics, The Graph, Dune Analytics, Messari.
- Infrastructure: Ledger, Genesis, Bitmain, Alchemy, Moonpay.
- Decentralized Finance (DeFi): Uniswap, Lido, Maker, Aave, Curve.
- Protocols: Ethereum, Bitcoin, Polygon, Solana, Arbitrum.
How Was the Ranking Determined?
Fortune officials stated that they scrutinized each category after they launched the Crypto 40 list. According to the example given, the largest crypto exchange Binance has lost the first place to Coinbase as it has been under regulatory pressure recently.