10 blockchain companies to watch in 2025

With so many different sectors of the industry developing so rapidly, “blockchain company” can refer to a variety of different types of businesses within the space.

Generally speaking, a blockchain company is a firm that develops blockchain networks or decentralized applications (dApps), provides cryptocurrency exchange services or delivers enterprise blockchain solutions. 

These companies operate across various industries, helping to improve security, transparency and efficiency through blockchain-based innovations.

Blockchain companies build infrastructure, facilitate secure and verifiable digital transactions, develop smart contracts and help advance the adoption of decentralized protocols. 

They may focus on sectors such as finance, healthcare or supply chain management, offering tools that allow businesses to automate processes and reduce reliance on intermediaries.

Key areas where blockchain companies excel include:

• Developing decentralized platforms that remove the need for centralized authorities
• Implementing secure, transparent digital ledgers that reliably record transactions in a tamper resistant way
• Delivering carefully programmed protocols that operate based on a set of transparent and verifiable rules
• Helping to improve accessibility to the financial system by providing powerful products and services 

These companies are driving the adoption of blockchain technology, pushing industries toward more secure, efficient and decentralized solutions.

To compile our list of top blockchain companies to watch in 2025, we relied on a multi-faceted approach, using a combination of quantitative and qualitative data. With the challenge of limited publicly available revenue data, we identified alternative metrics to assess each company's impact and industry standing. 

Our ranking is based on the following key factors:

• Technology and innovation: Firms that made a meaningful impact in accelerating the global adoption of blockchain and crypto by delivering innovative products and services
• Number of employees: While not a direct measure of success, a company’s size often correlates with a company’s growth and operational capacity, making it a relevant metric for gauging overall scale.
• Funding and investment rounds: Companies with significant investment rounds signal both innovation and growth potential, as well as confidence from institutional investors.
• Social media presence: With blockchain companies relying heavily on digital engagement, social media follower counts offer a glimpse into brand visibility, community engagement and influence.

Using these factors, we evaluated dozens of blockchain companies, balancing data with expert insights to create an objective and comprehensive list of the top players poised for success in the coming year.

Enterprise blockchain companies provide tailored solutions for businesses, integrating blockchain technology to streamline operations, enhance transparency and improve security. These companies are key players in driving blockchain adoption across industries.

• Headquartered in: New York, USA
• Revenue: 112 million USD in funding over 7 rounds
• Industry focus: Enterprise blockchain solutions
• Market capitalization: Not publicly traded

Founded in 2014, R3 is a leading enterprise blockchain software company known for its distributed ledger technology (DLT) platform, Corda. Headquartered in New York City, R3 has been key in advancing digital solutions across the finance, supply chain and insurance industries.

Corda enables organizations to build decentralized applications (dApps) that enhance transparency and streamline operations. It is gaining traction in areas like tokenization and digital currencies, providing businesses with a secure, trusted environment for transactions.

R3’s innovative approach prioritizes asset mobility, privacy and security within a network, offering scalable solutions that continue shaping the future of digital economies. 

With blockchain nodes and clients playing a critical role in maintaining network functionality, R3's focus on secure, efficient data sharing across industries keeps it at the forefront of blockchain development.

• Headquartered in: San Francisco, California
• Revenue: 293.8 million USD in funding over 14 rounds
• Industry focus: Cross-border payment solutions and digital assets
• Market capitalization: Not publicly traded

Established in 2012 and headquartered in San Francisco, California, Ripple is a leading blockchain company that’s revolutionizing cross-border payments. Through its flagship product, RippleNet, Ripple drives innovations aimed at reducing the time and cost associated with traditional banking infrastructure.

RippleNet enables real-time, secure transactions for financial institutions, with the digital asset XRP providing crucial liquidity for faster payment processing. Ripple's technology promotes interoperability, allowing institutions to connect and transact globally regardless of their internal systems.

With partnerships spanning banks and payment providers, Ripple continues to expand its network, offering streamlined alternatives to conventional international payment methods. What you can do with blockchain is expanding rapidly, and companies like Ripple are showing that the technology has use cases that are delivering real advantages over traditional solutions.

Ripple’s growth momentum is predicted to continue into 2025, with analysts predicting that XRP could see further adoption driven by deeper strategic partnerships in the coming years.

• Headquartered in: Armonk, New York
• Revenue: 15.77 billion USD
• Industry focus: Enterprise blockchain solutions
• Market capitalization: $214.20 billion

As a long-standing leader in technology, IBM has made significant strides in blockchain through its division, IBM Blockchain, which launched in 2017. 

Focused on enterprise-grade solutions, IBM Blockchain helps businesses streamline operations, enhance transparency and build trust in sectors like supply chain management, financial services and identity verification.

One of IBM's flagship products is the IBM Blockchain Platform, which provides a comprehensive suite of tools and services for building, governing and operating blockchain networks. Leveraging Hyperledger Fabric, an open-source framework, the platform allows organizations to create secure and scalable blockchain based applications. 

IBM leverage this technology to collaborate with various partners through its IBM Food Trust initiative, improving transparency and traceability in the food supply chain. By fostering innovation and collaboration, IBM Blockchain has continued to play a crucial role in transforming how businesses utilize blockchain technology.

• Headquartered in: Richardson, Texas
• Revenue: 125.5 million USD in funding over 4 rounds
• Industry focus: Decentralized applications, enterprise solutions, and digital asset management
• Market capitalization: $5.14 billion

Founded in 2018, Hedera Hashgraph is a public distributed ledger platform designed to provide faster, more secure alternatives to traditional blockchain networks. Leveraging its unique Hashgraph consensus algorithm, Hedera enables high-speed transactions, low latency, and robust security, making it ideal for enterprise-grade applications.

Hedera supports diverse use cases, including decentralized applications (dApps), tokenized assets, and supply chain management. Its native cryptocurrency, HBAR, powers network services such as transaction fees, smart contract execution, and data storage.

With initiatives across industries like telecommunications, gaming, and healthcare, Hedera promotes the adoption of decentralized technologies. Its Hedera Governing Council, featuring organizations like Google, IBM, and Boeing, oversees the network’s stability and strategic growth, ensuring it remains a trusted platform for enterprise solutions.

Cryptocurrency exchanges allow users to buy, sell and exchange different types of cryptocurrencies, as well as many other decentralized finance (DeFi) services. 

Because exchanges act as a centralized on and off ramp to the crypto ecosystem, it is helpful to carefully evaluate the current standards and of an exchange. Whether it is their focus on security standards and adherence to local regulations or their access to different assets and features offered, a variety of factors distinguish one exchange from the next.

• Headquartered in: Global 
• Industry focus: Cryptocurrency exchange, institutional services and blockchain infrastructure
• Market capitalization: Not publicly traded

Founded in 2011, Kraken is a prominent cryptocurrency exchange headquartered in San Francisco. Known for its security, liquidity and 24/7 customer support, Kraken has become a trusted platform for both retail and institutional investors. 

The platform offers a wide array of services, including spot trading, futures, margin trading and staking for various cryptocurrencies, catering to users with different crypto experience levels. Kraken offers trading on hundreds of different types of cryptocurrencies, but availability of certain assets or features may differ by country.

Kraken emphasizes security with a robust compliance framework and advanced measures to protect user funds and data. Kraken Pro’s premium trading interface offers advanced charting tools and APIs for high-frequency traders in a highly customizable, professional-grade trading interface.

Kraken also offers hundreds of complete guides to help you understand every aspect of crypto. Whether you are just getting started in crypto or already building your portfolio, Kraken Learn is here for you.

• Headquartered in: No official company headquarters
• Industry focus: Cryptocurrency trading, blockchain infrastructure, decentralized finance (DeFi)
• Market capitalization: Not publicly traded

Founded in 2017, Binance has become one of the world's largest cryptocurrency exchanges by trading volume. 

The company provides a suite of products and services, including cryptocurrency trading, wallet solutions and blockchain-based financial services. 

Binance operates its blockchain, Binance Chain, which supports decentralized applications and the issuance of digital assets like non-fungible tokens (NFTs).

Binance is particularly known for its diverse range of cryptocurrencies and innovative offerings like Binance Smart Chain (BSC), a parallel blockchain that enables smart contracts. This platform allows developers to create crypto tokens and decentralized applications (dApps) with low transaction costs and high performance.

• Headquartered in: San Francisco, California
• Industry focus: Cryptocurrency exchange and digital asset management
• Market capitalization: 50.79 billion USD

Coinbase, established in 2012, is a leading cryptocurrency platform known for its accessible interface and wide reaching marketing campaigns. Headquartered in San Francisco, the platform enables individuals and institutions to buy, sell and manage a variety of digital assets, including Bitcoin (BTC) and Ethereum (ETH). 

With over 100 million verified users, Coinbase has significantly contributed to the mainstream adoption of cryptocurrencies.

The company has earned a reputation as a trusted exchange, catering to both newcomers and institutional investors. Its offerings include Coinbase Pro, which features advanced trading tools for professional traders and Coinbase Custody, which provides secure storage solutions for institutional clients. 

Additionally, Coinbase Wallet allows users to manage their digital assets in a self-custody environment, further delivering on the company’s comprehensive service of blockchain based products.

Coinbase is one of the few publicly traded blockchain companies, and because of that, is widely known as one of the largest so-called Bitcoin stocks.

Blockchain infrastructure companies provide the foundational technology and services that support the development and operation of blockchain networks. These companies focus on creating the tools, protocols and frameworks necessary for seamless blockchain integration across various industries.

• Headquartered in: San Francisco, California
• Revenue: $319.5 million USD in funding over 13 rounds
• Industry focus: High-performance blockchain solutions
• Market capitalization: Not publicly traded

Founded in 2018, Solana Labs is a technology company dedicated to building high-performance blockchain solutions. Its flagship product, the Solana blockchain, is renowned for its scalability and speed, capable of processing thousands of transactions per second with low latency and minimal fees. 

Solana's architecture employs a unique Proof of History (PoH) consensus mechanism, which enhances transaction throughput and efficiency. This innovation has attracted a diverse range of decentralized applications (dApps) across sectors such as finance, play-to-earn gaming, and non-fungible tokens (NFTs).

The Solana ecosystem has experienced significant growth, with numerous projects and developers building on its platform. Solana Labs continues to support this expansion by providing resources, tools, and reference implementations to further the development of decentralized applications.

Solana Labs addresses the limitations of earlier blockchain networks by focusing on scalability and performance, offering a robust infrastructure for the next generation of decentralized applications.

In 2025, Solana Labs plans to release its second crypto phone, Seeker, featuring enhanced crypto wallet capabilities.

• Headquartered in: San Francisco, California
• Revenue: $319.5 million USD in funding over 13 rounds
• Industry focus: High-performance blockchain solutions
• Market capitalization: Not publicly traded

Founded in 2018, Solana Labs is a technology company dedicated to building high-performance blockchain solutions. Its flagship product, the Solana blockchain, is renowned for its scalability and speed, capable of processing thousands of transactions per second with low latency and minimal fees. 

Solana's architecture employs a unique Proof of History (PoH) consensus mechanism, which enhances transaction throughput and efficiency. This innovation has attracted a diverse range of decentralized applications (dApps) across sectors such as finance, play-to-earn gaming, and non-fungible tokens (NFTs).

The Solana ecosystem has experienced significant growth, with numerous projects and developers building on its platform. Solana Labs continues to support this expansion by providing resources, tools, and reference implementations to further the development of decentralized applications.

Solana Labs addresses the limitations of earlier blockchain networks by focusing on scalability and performance, offering a robust infrastructure for the next generation of decentralized applications.

In 2025, Solana Labs plans to release its second crypto phone, Seeker, featuring enhanced crypto wallet capabilities.

To learn more about Solana, check out our Kraken Learn article What is Solana (SOL)?

• Headquartered in: Fort Worth, TX
• Revenue: 725 million USD in funding over 6 rounds
• Industry focus: Ethereum applications and blockchain infrastructure
• Market capitalization: Not publicly traded

Established in 2014, ConsenSys is a leading blockchain software company focused on building applications and infrastructure for the Ethereum (ETH) ecosystem. With a mission to advance decentralized protocols and services, ConsenSys supports developers, enterprises and governments in leveraging blockchain for more efficient and transparent systems.

Key products include Infura, a scalable API that facilitates seamless access to the Ethereum network, and MetaMask, a popular cryptocurrency wallet and browser extension for interacting with decentralized applications (dApps). ConsenSys also offers enterprise solutions like Quorum, a business-focused version of Ethereum.

ConsenSys is set to launch the Linea Network token in 2025, marking a key milestone in its efforts to enhance Ethereum-based Layer 2 solutions and expand its growing ecosystem.

To learn more about Ethereum, check out our Kraken Learn article What is Ethereum (ETH)?

The future of blockchain companies presents a landscape rich with potential for growth and innovation. As blockchain technology matures and expands its reach, experts predict that several key trends might emerge:

• Increased enterprise adoption: Experts say blockchain may increasingly be integrated to automate enterprise systems, revolutionizing industries such as supply chain management, finance and healthcare. This would expand the market opportunities for blockchain companies and increase the demand for their innovative solutions.
• Expansion of decentralized finance (DeFi): DeFi applications could continue to grow, offering innovative financial services without intermediaries.
• Interoperability between blockchains: Efforts to achieve interoperability — the ability to communicate effectively and work together with other systems — between blockchain networks will accelerate, enabling seamless data sharing and collaboration. Known as blockchain bridges, these solutions could enhance blockchain companies’ ability to create integrated solutions, expand their user base and drive innovation across various platforms.
• Regulatory clarity and acceptance: Governments and regulatory bodies will develop clearer frameworks for blockchain technology, fostering a more conducive environment for businesses.
• Integration with artificial intelligence (AI): Blockchain and AI crypto tokens will complement each other to automate network activities, creating powerful solutions for various industries.
• Focus on sustainability: Experts think blockchain companies will prioritize sustainability and explore ways to deliver greater energy efficiency in their operations.

As blockchain technology evolves and its benefits become more apparent, so does the potential for significant growth and innovation in this exciting field.

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