Coinbase: 56% of Fortune 500 companies are engaging in on-chain projects
ChainCatcher news, Coinbase released a report stating that the number of cryptocurrency, blockchain, or Web 3.0 initiatives announced by Fortune 100 companies has increased by 39% in the past 12 months, reaching an all-time high in the first quarter of 2024.
A survey of executives from Fortune 500 companies found that 56% of them indicated that their companies are engaged in on-chain projects. From the largest traditional brands to small businesses, from stablecoins to tokenized treasury bonds, trusted names and products in the financial sector are embracing blockchain technology and cryptocurrencies, driving innovation and providing a ramp for widespread adoption.
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