Coinbase Reports 60% of Fortune 500 Companies Embrace Blockchain

Approximately 60% of executives from Fortune 500 companies have reported engaging in blockchain initiatives, according to the quarterly Coinbase State of Crypto report, as noted by The Block.

The study reveals that nearly one in five top managers view on-chain solutions as a crucial component of their firm’s long-term strategy, marking a 47% increase from the previous year. Additionally, over 80% of major investors plan to boost their cryptocurrency investments within the year.

Institutional adoption is also on the rise among small and medium-sized businesses (SMBs). Companies are increasingly testing crypto payment tools and stablecoins to address their needs.

More than 80% of surveyed SMB representatives stated that digital assets could help solve specific financial issues, such as managing accounts and receivables. Among firms not yet utilizing cryptocurrencies, 46% plan to integrate blockchain into their operations within the next three years.

Nearly three-quarters of respondents identified regulatory clarity as the next catalyst for industry growth. The report indicates that a new tone in dialogue with the industry is being set by U.S. President Donald Trump.

Coinbase emphasized that legal certainty is essential for fully realizing the potential of cryptocurrencies. The company considers the adoption of laws on stablecoins and market structure crucial for supporting innovation in the United States.

Back in May, the exchange OKX released a report stating that artificial intelligence and blockchain are opening new avenues for revenue generation across various industries.