5 Biggest Blockchain Companies in the World in 2023

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1. Visa Inc.

Market Capitalization as of February 18: $468.6 billion

Visa Inc. is another payment technology company that provides transaction processing and related services globally. It was founded in 1958 and is based in California, United States. It has also capitalized on the cashless economy, with its business model generating operating margins greater than 60% and converting more than half of all revenue into free cash flow.

The company is using stablecoins to test large-value settlement payments and has been working on integrating digital currencies into its platform. For example, it is leveraging Ethereum for enhancing its SWIFT settlement system and enabling automatic payments from self-custodial wallets which would remove banks and other centralized entities from the process. In 2022, it generated a revenue of $29.3 billion.

See also 10 Best Cryptocurrency Stocks To Invest In and 12 Best Cryptocurrency Exchanges in the US.

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