Analysis agency Hurun printed a listing of world unicorns, or corporations price greater than a billion {dollars}, in 2020. This rating options all
Analysis agency Hurun printed a listing of world unicorns, or corporations price greater than a billion {dollars}, in 2020. This rating options all billion-dollar tech startups based within the 21st century that aren’t listed but listed on public exchanges.
The report, named “Hurun World Unicorn Index 2020,” reveals that there are a complete of 586 unicorns globally — up from 494 corporations listed within the 2019 rating.
The blockchain trade represents 2% of the record. Ripple takes the highest spot as the corporate with the very best valuation within the sector. It ranks at #23, which is up from final 12 months’s index, the place it held the 28th place on the record.
Essentially the most vital change was made by Binance, which rose thirty locations on the record, in the end ending up at #108.
Bitmain as the largest loser by way of valuation
Bitmain, plummeted considerably by way of valuation. Final 12 months the corporate posted a $12 billion valuation, however this has since fallen to $four billion. In response to Hurun, one purpose behind Bitmain’s drop is the “mediocre post-IPO efficiency of its rival, Canaan.”
Crypto alternate Coinbase stays at a valuation of $eight billion, although it fell one place in Hurun’s rating to #31.
Ripple has the very best valuation within the blockchain sector with a $10 billion valuation. This represents a $5 billion rise compared with the corporate’s 2019 rating.
The Blockchain Analysis Institute, headed by China’s Middle for Info and Business Improvement, or CCID, launched its 17th World Public Chain Know-how Analysis Index on April 10.
In response to the newest index, EOS ranks as the most effective performing blockchain undertaking, whereas probably the most extensively used blockchain, Bitcoin, has slipped down three locations and now ranks 14th on the record.