TRENDS ACROSS THE LARGEST U.S. COMPANIES

Summary from the TLDR Crypto newsletter

According to a joint study between The Block and Coinbase, over 52% of Fortune 100 companies have made an attempt at crypto, blockchain, or web3 initiatives since 2020. The tech, financial services, and retail sectors have led the way in web3 adoption, with NFTs driving retail's recent surge in initiatives. Crypto financial services and B2B blockchain-related services are the most commonly invested categories, making up over half of all crypto venture deals. Citi Ventures, Google Ventures, Microsoft Ventures, and Goldman Sachs have been by far the most active Fortune 100 companies in the crypto venture scene.