Price of Blockchain Related StocksIt’s getting harder to ignore the fact that blockchain is on the rise, particularly as more banks and financial institutions are adopting the technology faster than anticipated. Case in point, IBM (NYSE:
IBM) released a
report in 2016 suggesting that 15 percent of all banks will be using the technology in 2017. By 2020, the firm states that 66 percent of all banks will have blockchain in commercial production.
On a broader scale, a
Market and Markets report states that the blockchain technology market size will be worth 2.3 billion by 2021, increasing at a compound annual growth rate (CAGR) of 61.5 percent. In other words, there’s room for plenty of opportunities for investors to benefit from in this exciting–and expanding–market.
The banking and finance industries aren’t the only ones adopting blockchain technology. For example, it has been used in
securing elections, and big companies are also making the leap into blockchain; Capital One has
confirmed a blockchain project, partnering with Gem on healthcare claims.
Putting it simply, there’s a wealth of opportunity to be had in the blockchain industry, and it’s only getting started. As such, here is a look at publicly-listed blockchain technology stocks for your consideration. All numbers below are current as of December 18, 2017.
1. 360 Blockchain (CSE:CODE) Market cap: $32 million; current share price: $0.32 2. BTCS (OTCQB:BTCS) Market cap: $56.60 million; current share price: $0.28 3. BTL Group (TSXV:BTL) Market cap: $343.85 million; current share price: $16.75 4. Coinsilium Group (NEX:COIN) Market cap: GB$22.65 million; current share price: GB$20 5. DigitalX (ASX:DCC) Market cap: AU$188.30 million; current share price: AU$0.39 6.eXeBlock Technology (TSXV:XBLK) Market cap:$81.05 million; current share price: $1.32 7. Global Blockchain Technologies (TSXV:BLOC) Market cap: $43.06 million; current share price: $2.35 8. HashChain Technology (TSXV:KASH) Market cap: $100.89 million; current share price: $2.45 9. HIVE Blockchain (TSXV:HIVE) Market cap: $917.09 million; current share price: $3.83 10. Marathon Patent Group (NASDAQ:MARA) Market cap: $67.41 million; current share price: $6.06 11. MGT Capital (OTCMKTS:MGTI) Market cap: $355.49 million; current share price $7.30 12. Riot Blockchain (NASDAQ:RIOT) Market cap: $346.99 million; current share price: $41.84 .