Public companies' blockchain revenue share doubles since 2022 as overall industry revenue declines 28%

Publicly traded companies accounted for 16% of global blockchain industry revenue in the third quarter of 2026, more than double their 7% share in 2022, according to a report by crypto investment firm 1kx. The overall blockchain revenue is projected to decline 28% year-over-year to roughly $100 billion in 2026. The 10 largest publicly traded companies doubled their blockchain-related revenue over the past three years, with Coinbase and Circle generating $3.3 billion combined in the first half of 2026. Traditional financial firms including JPMorgan, BlackRock, CME Group, Visa and Robinhood collectively contributed $1.1 billion. Revenue remains concentrated, with the six largest publicly traded companies accounting for 50% to 60% of the group's total revenue.