Investorideas.com

Call 800 665 0411 to learn about our services

Search   Follow Investorideas on Twitter   Investorideas is on Facebook   Investorideas is on Youtube   Investorideas is on Pinterest  Investorideas is on stocktwits   Investorideas is on tumblr   Investorideas is on LinkedIn   Investorideas Instagram   Investorideas Telegram   Investorideas Gettr   Investorideas RSS



Share on StockTwits

Number of Highest Valued Web3 Unicorns Has Risen Steadily to Currently Stand at 80

 

August 17, 2022 (Investorideas.com Newswire) A significant amount of the new unicorns added last year came from the web3 market. This is in line with the overall trend of growth in the cryptocurrency industry and the rise in popularity of decentralized applications (dApps). According to an analysis by BanklessTimes.com, the number of highest valued web3 unicorns has risen steadily to currently stand at 80.

According to BanklessTimes CEO Jonathan Merry, "The rise of these new web3 unicorns is a sign of the maturing of the cryptocurrency industry. What we're seeing is the institutionalization of crypto. These are companies that are attracting serious money from mainstream investors.

He added, "As the industry continues to grow and attract more mainstream attention, we can expect to see even more high-valued companies emerge in the space. This is good news for the future of cryptocurrency and decentralized technologies."

Web3 Super Companies

FTX, the first web3 company on the list, is also the 12th most valuable privately-owned company in the world. The cryptocurrency exchange is currently valued at $32 billion.

Ripple is the second most valuable web3 unicorn with a $15 billion valuation, followed by Blockchain.com and its $14 billion. Other notable firms include OpenSea ($13.3 billion), Alchemy ($10.2 billion), and KuCoin ($10 billion). The combined value of all the web3 unicorns is now close to that of the top 5 traditional tech companies worldwide, further emphasizing the rise of the cryptocurrency industry.

Distribution of Web3 Unicorns

The highest values of unicorns are not equally distributed throughout the world. The vast majority of them are based in China and India, with 174 and 65, respectively. The UK has 43, Germany 29 and France 24. These figures are likely to change in the coming years as the industry continues to grow and evolve.

The rise of the web3 unicorns is a sign of the maturing of the cryptocurrency industry. These are companies that are attracting serious money from mainstream investors. The future of cryptocurrency and decentralized technologies looks bright as the industry continues to grow and attract more mainstream attention. Full story and statistics can be found here: Number of Highest Valued Web3 Unicorns Has Risen Steadily to Currently Stand at 80

More Info:

Investorideas.com Newswire

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp


Follow Us on StockTwits






Tech Stocks - Tech Stocks Directory, Tech Stocks News, Research and Resources

Get more Technology stock investor ideas - news, articles, podcasts and stock directories