Mapping out the blockchain unicorns

Time Stamp: November 19, 2021 1:55 AM
Source Node: 1115646

November 19, 2021, 1:55AM EST

• 4 min read

Quick Take

  • The increasing frequency of later stage rounds has resulted in at least 64 companies in the blockchain/crypto sector reaching unicorn status or a firm with a valuation of $1 billion or more
  • Compared to 2020, the number of blockchain unicorns is up 1,850% YoY, with 39 firms reaching unicorn status so far during 2021
  • The Block Unicorn Index was determined through the public valuations of private rounds, estimated revenue based on comparable exchange volumes, and industry sources

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Source: https://www.theblockresearch.com/mapping-out-the-blockchain-unicorns-124025?utm_source=rss&utm_medium=rss

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