June 24, 2025
By Our Correspondent
Blockchain adoption is on the rise among Fortune 500 corporations and small to medium-sized businesses (SMEs), according to a recent analysis from Coinbase. This is because businesses are beginning to see blockchain as a useful tool for improving operational efficiency rather than as a speculative asset class.
Sixty percent of Fortune 500 executives polled for Coinbase’s “State of Crypto” report have already integrated blockchain into their short- and medium-term strategic planning.
In the meantime, one in five respondents—a 47% increase from the previous year—identified blockchain as a key component of their organization’s long-term operational agenda.
According to the survey, there has been a noticeable change in mindset, with many big businesses now giving blockchain integration top priority in an effort to address internal inefficiencies.
Automating accounts receivable, using smart contracts to manage invoicing, and enhancing financial workflow transparency are important areas of focus.
Nearly half of businesses, even those that have not yet started blockchain projects, intend to investigate the technology in the upcoming three years.
Although blockchain is still a top concern for many businesses, this development coincides with the quick uptake of AI across industries.
Leading the way are financial institutions, especially when it comes to investigating asset tokenization and implementing blockchain technology for decentralized fundraising and real-time, international payments. The business behemoths are not the only ones receiving more attention. SMEs are also very interested; according to 80% of organizations polled, blockchain technology has the potential to greatly enhance internal operations.
Businesses see smart contracts as a means to cut transaction costs, lessen dependency on middlemen, and simplify intricate administrative duties.
The research also emphasizes how crucial it is to have clear regulations, citing continuous attempts by the US Congress to enact laws pertaining to stablecoins and the architecture of the digital asset market.
Coinbase contends that for blockchain innovation to spread across industries, a clear regulatory framework is necessary.
Blockchain companies are steadily gaining footing despite the current focus on artificial intelligence. Blockchain-focused cybersecurity businesses have outperformed AI startups in a number of important sectors, with returns surpassing 200%.
With tax breaks and regulatory assistance, Hong Kong’s Cyberport initiative has already drawn 150 blockchain companies, making it a regional center for Web3 enterprises in Asia.
