Public Firms Now Hold a Bigger Slice of Blockchain Revenue, Report Finds
A new 1kx report says public companies have taken a growing share of blockchain revenue, and that share has doubled since 2022. The shift is linked to more institutional adoption and real-world uses of the technology. For traders, it suggests that established companies are becoming a bigger part of the crypto economy.
Why it matters
- Public companies are capturing a larger share of blockchain revenue than before.
- The report ties this growth to institutional adoption of blockchain technology.
- Real-world applications are also cited as a driver, which may signal more lasting demand.
What to watch next
Watch for further reports or earnings updates from public companies that show how much blockchain revenue they are generating.
