5 Best Blockchain Stocks to Buy

2. Paypal Holdings, Inc. (NASDAQ: PYPL)

Number of Hedge Fund Holders: 147

Paypal Holdings, Inc. (NASDAQ: PYPL) is one of the leading companies in the global remittance industry. It recently enjoyed a stock price boost thanks to government stimulus payments and an increase in Bitcoin transactions. It was also highly favored by the booming e-commerce boost as transactions. It is ranked as one of the best blockchain technology stocks because of its growing involvement with cryptocurrencies.

PayPal reported a 29% revenue gain to $6.03 million for Q1 2020 after its Honey Science acquisition.

Paypal Holdings, Inc. (NASDAQ: PYPL) recently announced a partnership with FlexiLoans.com to provide more financial flexibility to MSMEs in the form of working capital.