Fortune debuts the first of its kind, The Fortune Crypto 40
The latest ranking from the renowned media company uses a robust methodology to create the definitive list of the most important crypto companies
NEW YORK, 10 April 2023 /PRNewswire/ — Today Fortune debuted the first Fortune Crypto 40, which appears in April/May 2023 edition of the magazine. This first-of-its-kind benchmark ranking identifies the top five players in eight categories i crypto place, a recognition “as the industry, which was once defined by crypto trade, is now far broader,” explains Fortune Crypto Editor Jeff John Roberts. “We are honoring a wide range of businesses – from VC firms to NFT shops to data companies to decentralized protocols – that have created great businesses around blockchain technology.”
Fortune has been a leading authority on what matters in business since the first issue was delivered to subscribers in February 1930. The Fortune 500™ and other iconic lists, complete with their robust methodologies, have become a benchmark for corporate performance and reputation. In 2017, Fortune became one of the first business publications to dedicate regular space to it cryptocurrency with the launch of The Ledger franchise. Now, Fortune Crypto brings the venerable reputation to crypto-ranking place, where subjective lists have dominated.
The Fortune Crypto 40 is the result of a series of empirical calculations, combined with surveys of more than 200 finance managers carried out by Researchscape. Fortune collaborated with economist and long-term crypto journalist Rob Stevens to develop a methodology that will best identify the industry’s leading companies, DAOs and non-profit organizations. The list is data-driven whenever possible, and considers public data provided by blockchains. It is also designed to reward entities that have demonstrated a commitment to transparency and good governance. Learn more about the methodology, categories and criteria here.
The eight categories recognized by Fortune Crypto 40 are: CeFi (centralized finance); TradFi (traditional finance); VC; NFTs; Data; Infrastructure; DeFi (decentralized finance); and protocols. This division allows better comparisons between similar entities, such as venture capital firms and centralized ones crypto companies.
The winners of each category of Fortune Crypto 40 is:
See all of Fortune Crypto 40 here.
Also in April/May 2023 edition of Fortune:
“How Binance Really Works” by Shawn Tully: The world’s biggest crypto The exchange boasts huge profits, hefty influencer payouts and a ticking bomb on the balance sheet.
“How the music industry fell in love with NFT” by Jeff John Roberts: The NFT market has cooled from its manic heights in early 2022. But Justin “3lau” Blau and Steve Aoki believe that the blockchain-based tokens can help artists of all kinds build lasting relationships with their fans – and turn music lovers into music investors.
“The making of Changpeng ‘CZ’ Zhao” by Jeff John Roberts
April/May 2023 issue of Fortune will be on newsstands at 25 April 2023.
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