More than 50% of Fortune 100 companies report blockchain initiatives, Coinbase finds

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Coinbase's new report, conducted with The Block, reveals significant corporate adoption of crypto and web3 technologies.

Half of Fortune 100 companies have had crypto and blockchain initiatives underway since the beginning of 2020, according to a report by Coinbase.

As per a new report conducted by crypto exchange Coinbase, more than 50% of Fortune 100 companies have had crypto projects in the works at varying stages of development since the beginning of 2020. Currently about 60% of Fortune 100 projects have been underway since the start of 2022.

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