Report: Among 46 publicly listed blockchain companies, Coinbase has the highest market capitalization, exceeding the second place, Galaxy Digital, by ten times.

Odaily Planet Daily reported that according to a recent report released by CoinGecko, there are 46 publicly listed blockchain companies worth noting, most of which are listed on NASDAQ, totaling 24 companies. The largest so far is the cryptocurrency exchange Coinbase (COIN), with a market capitalization of $71.20 billion, far surpassing the second-ranked Galaxy Digital (GLXY), which has a market capitalization of $6.70 billion. Coinbase's market cap is more than double the total market cap ($33.20 billion) of the next nine largest blockchain companies.

On the New York Stock Exchange (NYSE), there are only two listed companies from the cryptocurrency sector, namely Bit Mining (BTCM) and Hyperscale Data (GPUS), while Galaxy Digital, led by Michael Novogratz, is only listed on the Toronto Stock Exchange (TSX).

It is worth mentioning that there are 47 blockchain companies listed on various exchanges in Canada, from TSX and TSX Venture to CSE and Cboe.

Among the 46 largest publicly listed blockchain companies, most focus on cryptocurrency mining, with a total of 25 companies. Although some companies have expanded from mining to artificial intelligence and Web 3 solutions, such as Bluesky Digital Assets, they can generally be divided into five areas, including mining, technology and services, finance and investment, digital payments, and exchanges.