Blockchain Use Surging at Fortune 500, Smaller Firms: Coinbase
About 60% of Fortune 500 companies are engaged in blockchain initiatives, according to Coinbase's Q2 2025 State of Crypto report. Approximately 50% of executives reported increased spending on blockchain, with 20% identifying it as a key strategic element, despite regulatory concerns. The report highlights a shift among previously skeptical companies, including major firms like BlackRock and Goldman Sachs, towards adopting blockchain technology. The use of blockchain among small and medium-sized businesses (SMBs) has doubled, with over 80% indicating it could alleviate financial challenges. The technology is being utilized beyond payments, with applications in supply chain tracking by companies like Walmart. Additionally, some Nasdaq-listed firms are investing in Bitcoin for shareholder returns, following the example set by Strategy. The survey found that 18% of SMBs use stablecoins, which are digital tokens linked to stable assets like the dollar.
