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Growth of crypto firms
Despite global pandemics, natural disasters, and other unforeseen circumstances, the businesses on the 2022 Inc. 5000 list have not only continued to operate but also increased in profitability.
The average Revenue growth rate among the top 500 organizations bloomed to 2,144% in just three years.
In addition, these same firms created over 68,394 jobs within that timeframe as well. All this progress started when banks began investing in cryptocurrency and blockchain technology back in 2021.
The firms on this list are optimistic about the future, even though they know there are still challenges to come. BlockFi crypto lender firm named at the top slot by the Inc 5000 companies in the United States.
The growth rate of BlockFi was an impressive 245,000% in three years. The firm has now moved on from only being a cryptocurrency exchange and lending platform to becoming a wealth management company. Other well-known crypto companies featured are Polygon, CoinFlip, and Distributed Ledger.
Sri Lanka has recently seen a surge in Ponzi schemes as scammers take advantage of the country’s economic woes. The scammers promise high returns to investors if they put their money into cryptocurrency-related ventures. But instead of making…
