According to a report from crowdfundinsider on February 10, the latest analysis report from CoinGecko shows that the total market capitalization of publicly traded blockchain companies worldwide is $199.5 billion, accounting for only 5.8% of the total market capitalization of the $3.45 trillion cryptocurrency market. Among them, the largest publicly traded blockchain company is the cryptocurrency exchange Coinbase, with a market capitalization of $74 billion.
The report notes that there are currently 46 notable publicly traded blockchain companies, most of which are listed on the Nasdaq exchange. In terms of industry distribution, these companies are categorized into five main sectors: cryptocurrency mining, exchanges, finance and investment, technology, and others. Among them, cryptocurrency mining is the dominant sector, with 25 companies engaged in this business, including Mara Holdings, Core Scientific, and Riot Blockchain.
It is noteworthy that Bitcoin mining companies are gradually diversifying; companies such as Core Scientific, Hut 8 Mining, and CleanSpark have expanded into high-performance computing (HPC) and AI data centers. This trend is primarily influenced by the Bitcoin halving.
In the exchange sector, Coinbase dominates, with its market capitalization accounting for 2.2% of the total market capitalization of publicly traded blockchain companies, far exceeding other exchanges. It is worth mentioning that although Binance is the largest cryptocurrency exchange by trading volume globally, it has yet to go public and is facing regulatory challenges in multiple countries.
The report concludes that blockchain companies are undergoing significant transformative trends, including the diversification of mining enterprises and Coinbase's dominance in the exchange sector. In the future, as the cryptocurrency and blockchain ecosystem continues to mature, these trends may have profound impacts on the industry landscape.

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According to Deep Tide TechFlow, on February 10, as reported by Crowdfund Insider, the latest analysis report from CoinGecko shows that the total market capitalization of publicly traded blockchain companies worldwide is $199.50 billion, accounting for only 5.8% of the total market capitalization of the $3.45 trillion cryptocurrency market. Among them, the largest publicly traded blockchain company is the cryptocurrency exchange Coinbase, with a market capitalization of $74 billion.
The report points out that there are currently 46 notable publicly traded blockchain companies, most of which are listed on the NASDAQ. In terms of industry distribution, these companies are divided into five main sectors: cryptocurrency mining, exchanges, finance and investment, technology, and others. Notably, cryptocurrency mining is the dominant sector, with 25 companies engaged in this business, including Mara Holdings, Core Scientific, and Riot Blockchain.
It is worth noting that Bitcoin mining companies are gradually diversifying, with companies like Core Scientific, Hut 8 Mining, and CleanSpark expanding into high-performance computing (HPC) and AI data centers. This trend is primarily influenced by the Bitcoin halving.
In the exchange sector, Coinbase holds a dominant position, with its market capitalization accounting for 2.2% of the total market capitalization of publicly traded blockchain companies, far exceeding other exchanges. It is worth mentioning that although Binance is the largest cryptocurrency exchange in terms of trading volume, it is still not publicly listed and faces regulatory challenges in multiple countries.
The report concludes that blockchain companies are undergoing significant transformation trends, including the diversification of mining enterprises and Coinbase's dominance in the exchange sector. In the future, as the cryptocurrency and blockchain ecosystem matures further, these trends may have profound effects on the industry landscape.
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CoinGecko Analysis Report: The market capitalization of publicly traded blockchain companies accounts for only 5.8% of the total cryptocurrency market capitalization, while mining companies are gradually diversifying their operations.