Corporate CFOs are warming up to blockchain
From Yahoo Finance: 2025-06-16 07:39:00
A recent survey by Coinbase and GLG Research found that 60% of Fortune 500 executives are working on blockchain initiatives, a 4% increase from last year. Small and medium-sized businesses are also showing interest in stablecoins, with more Fortune 500 executives exploring stablecoins compared to last year.
Meta is in talks with crypto firms to introduce stablecoins for payouts and has hired a VP of product with crypto experience. Amazon and Walmart are also looking into issuing their own stablecoins, according to the Wall Street Journal.
The Trump administration’s push for a clear regulatory framework for crypto has reignited interest in blockchain among mainstream U.S. corporations. The crypto industry is seeing a surge in IPO activity, with Circle going public this month with an $8 billion valuation and other companies exploring IPOs.
Franklin Templeton CEO Jenny Johnson believes legacy financial institutions are not prepared for crypto, as blockchain-based finance makes up less than 1% of the global system’s value. Johnson predicts a future where digital wallets hold tokenized assets that can be transferred instantly, providing advantages that will drive rapid industry evolution.
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