Dozens of publicly traded crypto and blockchain companies are currently incorporating crypto into their operations, providing clients with blockchain-related services, or playing a role in the cryptocurrency industry. Some are solely focused on blockchain innovation and cryptocurrencies, whereas others employ blockchain-related products and services to supplement an already successful firm.
With that in mind, here’s a list of 20 great publicly traded crypto companies to look into if you want to include exposure to this new technology in your stock portfolio.
Publicly Listed Crypto Companies of 2023
- Location: Armonk, New York
- Stock symbol: IBM
- Initial IPO/ICO: 1911
IBM is assisting businesses in incorporating blockchain into their workflows. The company has worked with retail chains such as Kroger to integrate blockchain into their food handling operations, Northern Trust to employ DLT in private equity transactions, and banks throughout Canada to develop triple-blind data security practices. IBM is one of the most well-known organizations that prioritized blockchain in its future business plan.
- Location: Salt Lake City, Utah
- Stock symbol: OSTK Initial IPO/ICO:
- In May 2002
Overstock, the first big publicly traded shop to accept cryptocurrency, is now focusing entirely on blockchain.In 2014, the company established Medici Ventures, a subsidiary that focuses on blockchain-related investments in industries including finance and government. Another of Overstock’s companies, tZERO, recently raised more than $134 million in an initial public offering (ICO). The company is so focused on blockchain that CEO Mark Byrne sold his e-commerce division to focus on DLT.
3. SBI HOLDINGS
- Location: Tokyo, Japan Stock
- Symbol: SBHGF Initial IPO/ICO:
- Stock Price: 2000
SBI Holdings has been the most notable investor in blockchain over the last five years, with eight direct investments, and have made its place on the list of top crypto public companies. The startup collaborated with Ripple, based in San Francisco, to launch blockchain payments between Japan and South Korea. It has also invested in a Japanese cryptocurrency trading platform and recently obtained a stake in a cryptocurrency mining company to grasp the complexities of blockchain and cryptocurrencies better.
- Location: Redwood Shores, California
- Stock symbol: ORCL Initial IPO/ICO:
- March 1986–
Oracle is assisting businesses in adopting cloud-based blockchain solutions. The multinational corporation says its blockchain methods can improve communication, speed project growth, and reduce risk. Oracle is presently offering a startup program for blockchain firms looking for assistance with business development.
- Location: Bentonville, Arkansas
- Stock symbol: WMT Initial IPO/ICO:
- Price – $16.50/share
How it is utilizing blockchain: Walmart is collaborating with IBM to integrate blockchain into the retail giant’s food supply networks. According to the corporation, Blockchain has the potential to reform and unify its data management systems while also increasing food traceability. IBM successfully employed DLT to track the provenance and freshness of pork from China and mangoes from Mexico, proving this theory valid. Walmart is also considering expanding its blockchain division to control other foods.
6. DAIMLER AG
- Location: Stuttgart, Germany
- Stock symbol: DAI Initial
- IPO/ICO: January 2002
How it utilizes blockchain: Daimler explored it for vehicle loans and collaborated with German banks to build a €100 million corporate lending fund for automobile owners. The entire process — loan origination, distribution, allocation, and execution — is carried out using blockchain technology. The Mercedes Benz and Smart car owner hopes to use blockchain for cybersecurity shortly, claiming that its use of DLT was far more efficient.
- Location: New York, New York
- Stock symbol: GS Initial IPO/ICO
- May 1999-
Though Goldman Sachs’ leadership has been tight-lipped about developing its cryptocurrency trading desk, CFO Martin Chavez intimated that it is still in the works.
The Wall Street behemoth has been assessing its options when it comes to Bitcoin and other cryptocurrencies. Both Chavez and the incoming CEO, David Solomon, believe in digital currencies for security and traceability.
- Location: New York, New York
- Stock symbol: PFE Initial IPO/ICO:
- June 1942
Pfizer is investigating blockchain technology to assure the safety and security of its pharmaceuticals. The publicly-traded pharmaceutical company announced a collaboration with Aimedis. It Chronicled to investigate of blockchain solutions throughout the drug development process. It is in talks to establish a proof-of-work system and a formal blockchain supply chain within the next year.
- Location: Redmond, Washington
- Stock symbol: MSFT Initial
- IPO/ICO: March 1986
Microsoft’s Azure platform assists in the adoption of blockchain across a variety of industries. Microsoft collaborated with EY and shipping giant Maersk to develop the first blockchain-based maritime insurance platform. The business also built DLT to resolve hotel and flight booking conflicts. It has even utilized Azure in its own Xbox systems to pay royalties to game developers more efficiently.
- Location: Rochester, New York
- Stock symbol: KODK
- Initial IPO/ICO: Re-listed in October 2013- $22.80/share,
- ICO in May 2018 raised $50 million
Kodak has witnessed a revival in recent years due to its embrace of the blockchain. KODAKOne, the company’s blockchain platform, uses ledger technology to preserve the copyrights of photographs and movies. Kodak, which is shifting its focus to future technologies, employs blockchain to authenticate original identity and combat piracy and infringement. KODAKCoins is being used as a token by the 130-year-old corporation for licensing and acquiring photographs.
- Location: Santa Clara, California
- Stock symbol: INTC
- Initial IPO/ICO: October 1971
How it’s Using Blockchain: Intel claims that their Sawtooth blockchain platform enables efficient, trustworthy environments for businesses to operate in. Its platform provides data protection from outside parties, open-source information collection, and a nearly unhackable ledger. Intel is heading in that direction.
They are making blockchain a higher priority by joining the Enterprise Ethereum Alliance, Hyperledger Project, and R3 Consortium.
- Location: Leuven, Belgium
- Stock symbol: BUD
- Initial IPO/ICO: July 2008 (Post-Merger)-
Beer behemoth AB InBev is experimenting with blockchain in its advertisements to see if the ledger technology yields more transparent data. The company collaborated with mobile advertising platform Kiip to collect real-time analytics (client impressions, interaction timestamps) on its summer commercials, which are uploaded into a secure database every hour. In addition to enhancing ad campaign efficiency, the beer behemoth has been investigating the usage of smart contracts for marketing material outsourcing.
- Location: Detroit, Michigan
- Stock symbol: F
- Initial IPO/ICO: January 1956- $64.50/share
Ford has formed a collaboration with BMW, General Motors, and Renault to focus on blockchain innovation in the automotive industry. The Mobility Open Blockchain Initiative (MOBI) investigates the codification of industry standards for blockchain use. Ford thinks that its participation in MOBI will aid in the development of a digital mobility ecosystem that allows for secure data sharing, payment processing, and self-driving car security.
- Location: Omaha, Nebraska
- Stock symbol: BRK
- Initial IPO/ICO: January 1964
As one of the world’s largest publicly traded firms, one of the top blockchain technology companies,Berkshire Hathaway has a presence in practically every industry, from real estate to batteries to insurance. Its subsidiaries have been looking into blockchain options to help them improve their business models. One of those subsidiaries, BNSF, just became the first train-related company to join the Blockchain in Transport Alliance, which aims to develope blockchain standards in vehicle maintenance, quality control, and fraud prevention.
Richline Group, a gold and diamond corporation, worked with IBM in an attempt to integrate blockchain into their supply chain systems. The Berkshire Hathaway subsidiary wants to trace the origins of its jewelry to ensure that it is sourced responsibly.
- Location: Aichi, Japan Stock
- Symbol: TM
- Initial IPO/ICO: January 1978
The Toyota Research Institute (TRI) investigates blockchain applications in a new transportation environment. Toyota is investigating the use of blockchain in automotive data sharing, rideshare transactions, and usage-based insurance payments. According to TRI, blockchain might eventually be utilized to build a digital ecosystem in which a future wave of self-driving Toyota cars could operate.
16. AIA Group
Location: Hong Kong, Sales: $31.92 billion
AIA has created a new blockchain-enabled bancassurance solution in collaboration with its bank partners, a first for the bancassurance channel. The Hyperledger Fabric, an open collaboration hosted and funded by the open-source Linux Foundation, serves as the foundation for this platform.
This technology essentially allows AIA and its bank partners to share policy data and documents in real-time, resulting in faster processing and greater transparency. Although blockchain is still in its infancy, its potential to streamline the interaction between insurers and banks is interesting. It is a use case worth exploring despite the uncertainty surrounding blockchain.
Mastercard (NYSE:MA) has risen substantially in recent years as the drive toward a paperless economy has resulted in increased amounts of debit and credit card transactions. Blockchain technology has the potential to change the cashless payment market, notably cross-border money transfers, which have traditionally been slow and expensive.
Mastercard announced a collaboration with blockchain technology company R3 to create a new cross-border payment system that could provide the corporation a significant competitive advantage in the industry by removing major barriers to transmitting money internationally. Mastercard also recently advanced its Crypto Card partner program, partnering with several prominent Asia-Pacific cryptocurrency startups to develop cryptocurrency-funded Mastercard payment cards.
Amazon (NASDAQ: AMZN) offers the world’s largest e-commerce platform and the leading cloud infrastructure provider, Amazon Web Services. Customers can develop and administer their own blockchain networks using Amazon Managed Blockchain, available on the AWS platform.
There is also a strong possibility that Amazon may someday integrate blockchain technology into its vast e-commerce company. Blockchain presently accounts for a negligible portion of Amazon’s revenue, but there are opportunities for considerably more as the technology advances.
It is among the most reliable and innovative companies using blockchain technology worldwide. Perhaps the most effective way for you to invest in blockchain technology is not through a single stock. The global Blockchain ETF (NASDAQ: BKCH) was established in mid2021 to expose investors to a whole basket of blockchain stocks with a single investment.
The cost ratio (annual investment charge) of the GlobalX Blockchain ETF is 0.50 percent of assets, which is appropriate for a focused product. It invests in 25 various firms, including those we’ve already examined and some that aren’t immediately listed on US stock exchanges. In short, if you believe in the long-term potential of blockchain technology but don’t want to pick winners in the industry, this ETF may be for you.
20. CME Group
CME Group (NASDAQ: CME) operates the world’s largest futures and options exchange, providing derivative securities for stocks, indices, foreign currency, and other markets. It is also the only exchange that establishes a market for bitcoin futures contracts, while competitor exchange CBOE (NASDAQ: CBOE) plans to into the industry in the future.
CME Group benefits from increased cryptocurrency interest and the possibility for prices to reach new all-time highs, as the company receives a small fee for each transaction conducted on its exchanges. CME Group offers Bitcoin and Ethereum futures (CRYPTO: ETH), and if cryptocurrency demand continues to develop, new futures products may be added to the exchange in the future.
More publicly listed crypto companies
- Spring Labs
- SALT Lending
- TQ Tezos
- Mythical Games
Here is the best blockchain companies to invest in 2023
IBM, Microsoft, AWS, Google, COIN, MNXBF, Oracle, Chainalysis, RECUR, Autograph, Coinbase, Robinhood, and BTCM lead the 10 biggest blockchain companies of 2023.