5 Biggest Blockchain Companies in the World in 2023

4. International Business Machines Corporation

Market Capitalization as of February 18: $121.1 billion

International Business Machines Corporation, commonly known as IBM, is an integration solutions company based in New York, United States. It offers its business in 4 segments including software, infrastructure, financing, and consulting, and is one of the oldest companies in this field, being incorporated in 1911.

It offers businesses the services to incorporate blockchain technologies in their processes and also owns its own blockchain platform and open-source framework, Hyperledger Fabric, which has over 120,000 organizations contributing to its project. It had a strong financial performance in the fourth quarter of 2022, exceeding revenue and earning growth expectations with a revenue of $16.7 billion. Overall, in 2022, it reported a revenue of $60.5 billion.