.FortuneMagazine Crypto40 is out and Ethereum dominates the protocol category, edging out Bitcoin.
Per an article announcing the index, Fortune claims the Crypto 40 is a “definitive list of the most important crypto companies.” An accompanying link describing the methodology goes on to state that the Crypto 40 was designed to highlight the organizations and their technology — as opposed to the popularity of the individuals and teams driving them.
“Currently, there are no such rankings for the crypto industry,” writes the Fortune staff, “While there are plenty of lists, nearly all of them reflect the subjective preference of a handful of editors, and most focus on personalities rather than companies.” The Fortune Crypto 40 is divided into eight distinct categories: TradFi, CeFi, NFTs, venture capital, data and analytics companies, infrastructure firms, blockchain protocol firms and DeFi.
While the usual suspects are all there, with Coinbase, Binance, and Kraken taking top spots in CeFi, PayPal leading TradFi, and OpenSea claiming number one in the
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