Top Crypto Companies 2024

Mytips.id - Blockchain is a distributed database used among computer network nodes.

It is well-known for its role in cryptocurrencies, such as Bitcoin, to ensure secure and decentralized transaction records. Blockchain guarantees the authenticity and security of data records, and builds trust without the need for third parties. 

Companies in this industry include financial technology (fintech) firms, cryptocurrency miners, and blockchain technology manufacturers.

On December 15, 2022, we have ranked the 6 largest blockchain companies based on revenue. This list is limited to companies traded publicly in the US or Canada, either directly or through American Depositary Receipts (ADRs).

Top Crypto Companies 2024

1. Coinbase Global Inc. (COIN)

Revenue (TTM): $5.1 billion
Net Income (TTM): -$1.2 billion
Market Cap: $9.05 billion
One-Year Total Return: -84.29%
Exchange: NASDAQ

Coinbase Global is a provider of global financial infrastructure, offering transaction services and technology designed for the crypto economy. 

The company's platform allows retail users to invest, spend, store, earn, and use cryptocurrencies. 

It also provides liquidity to institutions for trading in crypto assets, and enables crypto ecosystem partners to build crypto-based applications and securely accept crypto assets as payment.

2. Canaan Inc. (CAN)

Revenue (TTM): $947.5 million
Net Income (TTM): $355.3 million
Market Cap: $420.9 million
One-Year Total Return: -55.4%
Exchange: NASDAQ

Canaan is a high-performance computing solutions provider based in China. 

The company focuses on designing high-performance application-specific integrated circuit (ASIC) computing chip circuits, as well as conducting research and development of chips, producing computing equipment, and providing software services. 

Canaan offers various artificial intelligence (AI) services and engages in advanced technology research and development.

3. Galaxy Digital Holdings Ltd (BRPHF)

Revenue (TTM): $457 million (As of September 30, 2022)
Net Income (TTM): -$682.6 million
Market Cap: $310.4 million
One-Year Total Return: -82.9%
Exchange: OTC Market

Galaxy provides access to the crypto economy as digital assets and is a leading blockchain player for qualified institutions, startups, and individuals.

Galaxy serves the digital economy with financial services such as trading, asset management, investment banking, mining, and venture capital.

4. Riot Blockchain Inc.

Revenue (TTM): $289.9 million
Net Income (TTM): -$386.7 million
Market Cap: $694.3 million
One-Year Total Return: -83.4%
Exchange: NASDAQ

Riot Blockchain is a Bitcoin mining company. The company's mining operations include its facility in Rockdale, TX, with a total power capacity of 750 MW, with 450 MW under development. 

The Whinstone facility is believed to be the largest single facility in North America for Bitcoin mining, based on developed capacity.

5. Silvergate Capital Corp. (SI)

Revenue (TTM): $273.2 million
Net Income (TTM): $130.7 million
Market Cap: $592.3 million
One-Year Total Return: -86.6%
Exchange: NYSE

Silvergate Capital is the parent company of Silvergate Bank, providing financial infrastructure solutions and services for participants in the digital currency industry. 

Silvergate is a Federal Reserve member bank and a leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry.

6. Marathon Digital Holdings Inc (MARA)

Revenue (TTM): $149.6 million
Net Income (TTM): -$268.5 million
Market Cap: $551.5 million
One-Year Total Return: -87.4%
Exchange: NASDAQ

Marathon is a digital asset technology company that mines cryptocurrencies. Focusing on the blockchain ecosystem and digital asset generation, 

Marathon operates its data center in Montana with a maximum power capacity of 105 Megawatts and hosts shared facilities in North Dakota. In 2022, Marathon is estimated to deploy 133,000 miners, generating around 13.3 Exahash.

Please note that the information provided is based on the latest data available and may be subject to change.