Public companies double share of blockchain revenue since 2022: Report
A new 1kx report finds that public companies are capturing a larger share of blockchain revenue, driven by institutional adoption and real-world applications.
A new 1kx report finds that public companies are capturing a larger share of blockchain revenue, driven by institutional adoption and real-world applications.
Publicly traded companies accounted for 16% of blockchain industry revenue in 2026, more than double their 7% share in 2022, according to a new report from crypto investment firm 1kx.
The increase comes as overall blockchain revenue is projected to decline 28% year over year to roughly $100 billion in 2026. The report analyzed data from more than 2,600 protocols and earnings reports from 104 publicly traded companies through the third quarter.
Revenue remains concentrated among a relatively small number of businesses. The six largest publicly traded companies accounted for roughly 50% to 60% of the group’s revenue, according to the report.