5 Biggest Blockchain Companies in the World in 2023

2. JPMorgan Chase & Co.

Market Capitalization as of February 18: $418.6 billion

JPMorgan Chase & Co. is another giant in the global financial services sector, founded in 1799 and based in New York, United States. It operates in the segments of consumer and community banking, commercial banking, investment banking, and asset and wealth management.

In 2020, JPMorgan Chase & Co. launched its business unit, Onyx, to develop products, platforms, and innovations based on blockchain technologies. Onyx launched the first bank-led blockchain platform that counts hundreds of international banks as its members and has recently launched its own deposit token. It also formed its own Blockchain Launch team to deliver blockchain-based solutions to its clients. In 2022, JPMorgan Chase & Co. reported $46.2 billion in pre-tax earnings, which is the second-highest for any bank in the past 10 years.