Industry Trend: Blockchain and Cryptocurrency Gaining Momentum
Monica Long, President of Ripple, recently stated that by the end of 2026, nearly 250 of the largest U.S. companies are expected to adopt cryptocurrency or blockchain technology. This shift marks a significant transformation in the global financial system.
Corporate Adoption on the Rise
According to Long, a study conducted by Coinbase in mid-2025 revealed that 60% of Fortune 500 executives indicated their companies were already exploring blockchain initiatives, signaling a growing interest in decentralized financial tools.
Bitcoin Enters Corporate Balance Sheets
While only a limited number of Fortune 500 companies currently hold Bitcoin, the trend is gaining traction. For example, GameStop purchased 4,710 Bitcoin in May 2025, with companies like Block Inc and Tesla also joining the movement.
Rapid Growth of Digital Asset Management
Long also highlighted that the number of digital asset management firms (DATs) has surged from just four in 2020 to over 200 today, with nearly 100 new firms launching in 2025 alone, reflecting rising institutional interest in crypto assets.