- Any year now, the percentage is steadily increasing
- As of 2023, already 70% of firms had crypto projects
A short time ago, cryptocurrency exchange Coinbase published a report titled “State of Cryptocurrencies: Corporate Acceptance.”. The results showed that more than 50% of Fortune 100 companies have crypto projects in the works at various stages of development since early 2020. And this number is constantly growing. For example, as early as 2022, 60% of companies will implement blockchain initiatives. And as of Q2 2023, 70% of the firms were in the public launch phase.
“These companies are innovating and investing in these technologies because they understand that today’s century-old global financial system needs to be updated. They also realize that blockchain can be a key solution in this process. Companies understand that not remaining behind means losing a competitive advantage in the global economy to rival companies around the world,” the Coinbase report said.
But the uncertain regulatory environment and lack of clear rules for cryptocurrency and blockchain technology remain serious obstacles to widespread adoption.</nbsp;
The Coinbase report was surveyed by a survey of. According to it, 87% of executives surveyed stressed the need for clear rules to maintain U.S. leadership in the global financial system.
“If the United States continues current regulatory policies through enforcement, it faces the risk of losing up to 1 million web development jobs and 3 million non-tech jobs by 2030.” – says the report.
The report’s key finding is that since 2017, Fortune 100 companies have made 109 private venture capital investments in 80 blockchain-related startups. In total, they invested more than $8 billion.