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The increasing frequency of later stage rounds has resulted in at least 64 companies in the blockchain/crypto sector reaching unicorn status or a firm with a valuation of $1 billion or more
Compared to 2020, the number of blockchain unicorns is up 1,850% YoY, with 39 firms reaching unicorn status so far during 2021
The Block Unicorn Index was determined through the public valuations of private rounds, estimated revenue based on comparable exchange volumes, and industry sources
Footnotes
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