{"id":66484,"date":"2022-08-30T14:56:52","date_gmt":"2022-08-30T11:56:52","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=66484"},"modified":"2025-09-07T01:34:19","modified_gmt":"2025-09-06T22:34:19","slug":"binance-climbs-to-sixth-place-in-global-unicorn-ranking","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/binance-climbs-to-sixth-place-in-global-unicorn-ranking\/","title":{"rendered":"Binance climbs to sixth place in global unicorn ranking"},"content":{"rendered":"

The cryptocurrency exchange Binance, valued at $45 billion, has taken sixth place in the global unicorn ranking \u201cunicorns\u201d<\/span>, according to the half-year report<\/a> Global Unicorn Index 2022 from Hurun Research.<\/p>\n

The crypto company rose by 15 positions. Six months ago its market capitalization stood at $15 billion.<\/p>\n

The top spot in the list remained with Douyin ($200 billion). The TikTok operator’s valuation fell by $150 billion.<\/p>\n

SpaceX, Elon Musk’s company, rose to second place ($125 billion), ahead of Ant Group ($120 billion).<\/p>\n

\\\"Binance
Top-10 unicorns by market capitalization. Data: Hurun Research.<\/figcaption><\/figure>\n

Hurun counted a total of 1,312 private companies valued at more than $1 billion in 48 countries. Their combined value amounts to $4.2 trillion. The top 10 account for 17.6% of the total.<\/p>\n

\n

\u201cIn the first six months of the year, 369 new \u201cunicorns\u201d were identified \u2014 about two per day. Almost a third of them are fintech, SaaS and blockchain. 80% provide services, and only 20% have physical products. 65% sell to enterprises and 35% to consumers,\u201d said Rupert Hoogewerf, Hurun’s chief researcher.<\/p>\n<\/blockquote>\n

The United States leads with 625 companies in the ranking. In six months their number rose by 138. China followed with 312 unicorns (+11).<\/p>\n

India retained third place with 68 unicorns on the list. Outside the country, Indian founders created another 56 unicorns.<\/p>\n

Among the cities, the title of \u201cWorld Capital of Unicorns\u201d remained San Francisco \u2014 176 companies. New York outranked Beijing in the ranking \u2014 120 to 90 startups.<\/p>\n

\\\"Binance
Number of unicorns by country and city. Data: Hurun Research.<\/figcaption><\/figure>\n

Among the top-10 new faces in the rankings at the start of the year were two blockchain-industry players: Upbit exchange operator Dunamu ($8 billion) and the KuCoin platform ($6.3 billion).<\/p>\n

Forbes placed the founder and CEO of Binance, Changpeng Zhao, at the top of the cryptocurrency industry’s billionaires list. The publication put his wealth at $19 billion<\/a>.<\/p>\n

In November 2021, Caijing journalists valued Zhao’s wealth at $90 billion<\/a>. In January, Bloomberg called it a near figure<\/a> \u2014 $96 billion.<\/p>\n

Follow ForkLog’s Bitcoin news on our Telegram<\/a> \u2014 cryptocurrency news, rates and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"

The cryptocurrency exchange Binance, valued at $45 billion, rose to sixth place in the global unicorn ranking, according to Hurun Research’s Global Unicorn Index 2022 half-year report.<\/p>\n","protected":false},"author":1,"featured_media":66485,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1421],"class_list":["post-66484","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-rating"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/66484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=66484"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/66484\/revisions"}],"predecessor-version":[{"id":66486,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/66484\/revisions\/66486"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/66485"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=66484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=66484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=66484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}