Blockchain technology is widely known as the breakthrough technology underlying Bitcoin and other cryptocurrencies. A wide range of applications outside of crypto including decentralised finance, international payments, auditing, and regulatory compliance. Some utilise the blockchain to supplement their existing businesses while others are capitalising on the trend by supporting the technology. For instance, NVIDIA (NASDAQ: NVDA) is a leading manufacturer of graphics processing units (GPUs) that play a significant role in cryptocurrency mining. Meanwhile, the likes of Mastercard (NYSE: MA) that benefited greatly from the ongoing trend of a cashless economy are also adopting the technology. Therefore, would you like some exposure to some of the top blockchain stocks in the stock market today?
Is blockchain a good investment?
Analysts see crypto, blockchain and the metaverse as three of the largest general growth themes in technology. Blockchain stocks could generate big returns as companies adopt the technology.
What are the best blockchain stocks to buy?
Coinbase Global Inc. (ticker: COIN)
Firstly, we will be looking at Coinbase, one of the top blockchain companies in the world today. Impressively, its growing platform already boasts more than 43 million retail users, 7,000 institutions, and 115,000 ecosystem partners in over 100 countries around the world.
Block Inc (NYSE: SQ)
Following that, we have the financial services company, Block (formerly known as Square). The company develops tools to help people access the economy through some of its building blocks that include Square, Cash App, Spiral, and TIDAL.
PayPal Holdings Inc. (PYPL)
Digital payments specialist PayPal is fully embracing cryptocurrency and blockchain technology.
Nvidia Corp. (NVDA)
Nvidia designs and produces high-end graphics cards and processing chips for personal computers, servers and supercomputers. Nvidia also produces specialized chips designed specifically for cryptocurrency mining.
International Business Machines Corp. (IBM)
Last but not least, we have IBM. IBM Blockchain provides services that improve security and transparency for supply chains, international payments, global trade and food supply.
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