Crypto-related U.S. stocks become a trend—here's a roundup of 45 publicly listed crypto companies
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Crypto-related U.S. stocks become a trend—here's a roundup of 45 publicly listed crypto companies
From mining farms to the S&P 500, crypto companies are knocking on the door of the stock market.
Navigating Web3 tides with focused insightsWritten by: TechFlow
Four years after its IPO, on May 19, 2025, Coinbase Global Inc. (ticker: COIN) was officially added to the S&P 500 Index. Following this news, Coinbase's stock surged 10% in after-hours trading. Dan Dolev, senior payments analyst at U.S. investment bank Mizuho, said, "This is a sign of the times, meaning crypto stocks are being integrated into the mainstream."
Data source: TradingView
In light of recent developments such as Antalpha surging over 70% on its first day of U.S. listing—triggering a circuit breaker—and Galaxy Digital (GLXY) transitioning directly to a Nasdaq-listed company after restructuring, crypto-related listed companies are emerging as a unique "crypto hotspot": traditional market investors are increasingly focusing on enterprises within the crypto sector, while crypto natives view fluctuations in crypto stock prices as one of the key indicators of market shifts.
From exchanges to mining giants, from financial services to hardware pioneers, public markets and crypto are converging. TechFlow has compiled a list of major crypto-related listed companies across global stock exchanges, presenting the current landscape of publicly traded crypto firms.
Exchanges & Platforms (6 companies)
Coinbase Global Inc. (COIN)
Listed: April 14, 2021 | Exchange: NASDAQ | Ticker: COIN | Monthly change: +28.83%
Crypto users are no strangers to Coinbase. Founded in 2012 and headquartered in San Francisco, Coinbase serves over 120 million users across more than 100 countries. The platform supports trading of multiple cryptocurrencies and offers both retail and institutional services, including Coinbase Custody and Prime, managing over $200 billion in assets. Holding licenses across multiple U.S. states, Coinbase continues to deepen its presence in public blockchains, infrastructure, payments, and other areas of crypto. On May 19, 2025, Coinbase was officially included in the S&P 500 Index, becoming the first crypto-themed stock to enter the index.
Robinhood Markets, Inc. (HOOD)
Listed: July 29, 2021 | Exchange: NASDAQ | Ticker: HOOD | Weekly change: +13%
Founded in 2013 and headquartered in California, Robinhood went public in 2021. It first launched cryptocurrency trading services in 2018, allowing users to buy, sell, and hold digital assets such as Bitcoin, Ethereum, and other major cryptocurrencies without paying commissions.
Block, Inc. (XYZ)
Listed: November 19, 2015 | Exchange: NYSE | Ticker: SQ
Block (formerly Square), founded in 2009 and headquartered in San Francisco, went public in 2015 and focuses on payments and crypto services. Its Cash App supports Bitcoin buying, selling, and storage. Block promotes financial inclusion through peer-to-peer payments and blockchain technologies (such as TBD’s decentralized platforms), serving small businesses and individual users globally. The company invests in Bitcoin mining and hardware wallet development, leading in technological innovation.
Bakkt Holdings Inc. (BKKT)
Listed: October 18, 2021 | Exchange: NYSE | Ticker: BKKT
Backed by Intercontinental Exchange (ICE), Bakkt was founded in 2018 and went public via SPAC in 2021, focusing on institutional-grade digital asset services. Headquartered in the U.S., it offers Bitcoin futures and spot trading, along with crypto payment solutions. Collaborating with Starbucks and Mastercard, Bakkt promotes crypto adoption in retail. Known for high security and compliance, its custody services cater to banks and institutional investors.
OSL Group Ltd
Listed: April 27, 2012 | Exchange: HKEX | Ticker: 0863
OSL is Hong Kong’s leading digital asset platform, established in 2018 and licensed by the Hong Kong Securities and Futures Commission as a virtual asset service provider. It offers brokerage, trading, and custody services, managing over $5 billion in assets. Focused on the Asian market, OSL serves institutional and high-net-worth clients with strong regulatory compliance. It enhances competitiveness through API technology and secure storage solutions.
eToro Group Ltd (ETOR)
Listed: May 15, 2025 | Exchange: NASDAQ | Ticker: ETOR
eToro, a social trading platform founded in Israel in 2007, went public on Nasdaq on May 15, 2025. Its “Copy Trading” feature allows users to mirror professional traders, attracting over 30 million users globally. eToro supports trading of major cryptocurrencies like Bitcoin and Ethereum, as well as stocks and ETFs. Through its user-friendly interface and community-driven model, the platform lowers barriers to crypto investing.
Crypto Mining-Related Companies (24 companies)
Bit Digital Inc. (BTBT)
Listed: March 19, 2018 | Exchange: NASDAQ | Ticker: BTBT | Monthly change: +27.32%
Founded in 2015 and headquartered in New York, Bit Digital went public in 2018 and is a leader in Bitcoin mining. It operates green energy-powered mining farms in North America and Asia. By using renewable energy sources such as hydropower, it reduces costs, maintaining one of the highest hash rates in the industry. Its expansion into AI computing services (e.g., GPU leasing) provides new revenue streams.
Bitfarms Ltd (BITF)
Listed: June 21, 2021 | Exchange: NASDAQ | Ticker: BITF
Bitfarms, a Canadian Bitcoin mining giant founded in 2017, operates mining facilities in North and South America. Leveraging low-cost hydro and wind power, it optimizes mining efficiency with one of the industry’s highest hash rates. Its modular data center design enhances operational flexibility.
Cipher Mining Inc. (CIFR)
Listed: August 30, 2021 | Exchange: NASDAQ | Ticker: CIFR | Monthly change: +32.63%
Founded in 2020 and headquartered in New York, Cipher Mining went public via SPAC in 2021. It specializes in U.S.-based Bitcoin mining, operating large-scale facilities in Texas and Ohio using efficient ASIC miners and low-cost energy to maximize profitability.
CleanSpark Inc. (CLSK)
Listed: January 24, 2020 | Exchange: NASDAQ | Ticker: CLSK | Monthly change: +18.73%
Founded in 2014 and based in the U.S., CleanSpark specializes in green Bitcoin mining, operating 100% renewable-powered mining farms in Georgia and Nevada. Its proprietary energy management software optimizes electricity usage and reduces costs.
Core Scientific Inc. (CORZ)
Listed: January 20, 2022 | Exchange: NASDAQ | Ticker: CORZ | Monthly change: +34.81%
Core Scientific, a U.S. blockchain infrastructure leader founded in 2017, went public in 2022. It operates the largest-scale mining facilities in North America, providing Bitcoin mining and hosting services to institutional and retail miners. Its rapidly expanding AI computing business (e.g., GPU clusters) diversifies revenue.
HIVE Digital Technologies Ltd (HIVE)
Listed: 2017 | Exchange: NASDAQ | Ticker: HIVE | Monthly change: +23.8%
Founded in 2017 and headquartered in Canada, HIVE operates Bitcoin and Ethereum mining farms across Canada, Sweden, and Iceland. Using green energy and combining high-performance computing (HPC) services, it caters to AI and blockchain clients. HIVE mitigates risk through multi-currency mining strategies and plans to expand its data center network.
Hut 8 Corp (HUT)
Listed: March 2018 (TSX) | Exchange: NASDAQ/TSX | Ticker: HUT | Monthly change: +36.72%
Hut 8, a Canadian pioneer in mining and energy infrastructure founded in 2011, went public in 2018. It operates mining farms in North America, integrating energy management and AI computing to build efficient mining facilities. Through acquisitions (including data centers), it expands operations. On May 12, Hut 8 announced that its subsidiary American Bitcoin (“American Bitcoin”) will merge with GRYP via a stock deal to list on Nasdaq. The transaction is expected to close in Q3 2025, with the new entity operating under the American Bitcoin brand. Existing American Bitcoin shareholders are expected to own 98% of the combined company.
Gryphon Digital Mining, Inc. (GRYP)
Listed: February 26, 2018 | Exchange: NASDAQ | Ticker: GRYP | Monthly change: +446%
Gryphon Digital Mining, founded in 2019 and headquartered in the U.S., went public before 2021. It specializes in green Bitcoin mining, operating renewable-powered mining farms in North America. Using low-cost energy and efficient ASIC miners, it boosts profitability. Gryphon also offers blockchain consulting services for diversified income. On the evening of May 12, GRYP surged dramatically after market open, triggering circuit breakers multiple times and briefly rising over 440%.
IRIS Energy Ltd (IREN)
Listed: November 17, 2021 | Exchange: NASDAQ | Ticker: IREN | Monthly change: +41%
Founded in 2018 and headquartered in Australia, IRIS Energy went public in 2021. It specializes in 100% renewable-powered Bitcoin mining, operating facilities in Canada and the U.S. Its green mining strategy leverages hydropower and wind energy, attracting ESG-focused investors, with an industry-leading hash rate.
Marathon Digital Holdings Inc. (MARA)
Listed: 2012 | Exchange: NASDAQ | Ticker: MARA | Monthly change: +21%
Marathon Digital, a global Bitcoin mining giant founded in 2010 and listed in 2012, operates large-scale mining farms in North America. Through acquisitions and equipment upgrades, it maintains one of the highest hash rates in the industry. Its low-cost energy strategy and scalable operations are core competitive advantages.
Riot Platforms Inc. (RIOT)
Listed: 2003 | Exchange: NASDAQ | Ticker: RIOT | Monthly change: +23.34%
Riot Platforms, a U.S. mining leader founded in 2000 and listed in 2003, operates a large-scale mining facility in Texas. It optimizes costs through self-owned power infrastructure and efficient ASIC miners.
TeraWulf Inc. (WULF)
Listed: June 2021 | Exchange: NASDAQ | Ticker: WULF | Monthly change: +41%
Founded in 2021 and headquartered in the U.S., TeraWulf went public in 2021 with a valuation of $1.5 billion. It specializes in zero-carbon Bitcoin mining, operating green-powered mining farms in New York and Pennsylvania.
Applied Digital Corporation (APLD)
Listed: April 13, 2022 | Exchange: NASDAQ | Ticker: APLD
Founded in 2001, Applied Digital provides blockchain infrastructure and cloud computing services, operating data centers in the U.S. It combines traditional IT with blockchain to serve mining and AI clients.
Bitfufu Inc (FUFU)
Listed: March 1, 2024 | Exchange: NASDAQ | Ticker: FUFU
Founded in 2020 and headquartered in Singapore, Bitfufu offers cloud mining and miner hosting services. Its cloud mining platform lowers entry barriers, serving global retail and institutional customers.
BIT Mining (BTCM)
Listed: November 12, 2013 | Exchange: NYSE | Ticker: BTCM
BIT Mining, a Chinese crypto mining company founded in 2013, listed on the NYSE the same year. It operates Bitcoin and Ethereum mining farms in North America and Asia. Previously reviewed for non-compliance, in December 2024, BIT Mining announced it had regained compliance with NYSE’s continued listing standards.
Bit Origin (BTOG)
Listed: August 14, 2019 | Exchange: NASDAQ | Ticker: BTOG
Founded in 2018 and headquartered in the U.S., Bit Origin went public in 2019. It operates U.S.-based Bitcoin mining farms, focusing on small-to-medium scale operations with low operating costs. In February 2025, Bit Origin faced delisting risk from Nasdaq due to low share price.
Mawson Infrastructure Group Inc (MIGI)
Listed: September 29, 2021 | Exchange: NASDAQ | Ticker: MIGI
Founded in 2012 and headquartered in Australia, Mawson went public before 2021. It operates mining farms in the U.S. and Australia. Its modular data center design improves efficiency, while green energy use strengthens competitiveness.
Abits (ABTS)
Listed: November 15, 2016 | Exchange: NASDAQ | Ticker: ABTS
Founded in 2016, Abits provides crypto mining and investment services. Its small-scale mining setups and blockchain investment portfolio offer competitive edge, enhancing profitability through low-cost operations.
Ninebot Limited (NCTY)
Listed: December 2004 | Exchange: NASDAQ | Ticker: NCTY
Founded in 1998 and headquartered in China, Ninebot listed in 2004. Originally a gaming company, it shifted to crypto mining in 2020, operating facilities in North America.
Greenidge Generation Holdings, Inc. (GREE)
Listed: September 14, 2021 | Exchange: NASDAQ | Ticker: GREE | Monthly change: +17.76%
Founded in 2014 and headquartered in the U.S., Greenidge went public in 2021. A vertically integrated crypto mining and power generation company based in Dresden, New York, it operates a natural gas power plant and a cryptocurrency mining facility. Greenidge uses its own power generation to support digital asset mining, primarily focused on Bitcoin.
Canaan Inc (CAN)
Listed: November 21, 2019 | Exchange: NASDAQ | Ticker: CAN
Canaan, a leading Chinese Bitcoin miner manufacturer founded in 2013 and listed in 2019, produces the Avalon series of ASIC miners. Through chip R&D, it expands its business to serve the global mining market. Alongside Bitmain and Ebang, it is considered one of China’s three major mining companies.
Ebang International (EBON)
Listed: June 26, 2020 | Exchange: NASDAQ | Ticker: EBON
Founded in 2010 and headquartered in China, Ebang International initially focused on telecom equipment before shifting to miner production. With strong capabilities in integrated circuits and ASIC chip design, it was among the first to commercialize 10nm ASIC chips in mining hardware.
Intchains Group Ltd (ICG)
Listed: March 16, 2023 | Exchange: NASDAQ | Ticker: ICG | Monthly change: +16.83%
Founded in 2015, Intchains Group provides blockchain hardware and data center solutions. Serving Asian mining and blockchain enterprises, it delivers high-performance, energy-efficient IC solutions to optimize computing needs for cryptocurrency mining and other blockchain processes.
CoreWeave (CRWV)
Listed: March 28, 2025 | Exchange: NASDAQ | Ticker: CRWV
Founded in 2017 as Atlantic Crypto, a cryptocurrency mining firm, CoreWeave transitioned in 2019 into a GPU-based cloud infrastructure provider, offering computing power as a service. Customers use its servers for demanding workloads such as AI model training and inference, graphics rendering, and other high-performance computing tasks. The company provides access to high-power chips (primarily from Nvidia) and related data center resources, charging clients based on capacity and usage.
Crypto Investment & Financial Services (9 companies)
Galaxy Digital Holdings Ltd (GLXY)
Listed: August 1, 2018 (TSX) / May 16, 2025 (NASDAQ) | Exchange: NASDAQ/TSX | Ticker: GLXY
Galaxy Digital, a digital asset financial services giant founded in 2018 and headquartered in New York, offers crypto trading, asset management, and investment banking services. It listed on the Toronto Stock Exchange on August 1, 2018, and following restructuring, began trading on Nasdaq on May 16, 2025.
CoinShares International Ltd (CS)
Listed: March 2021 | Exchange: NASDAQ | Ticker: CS
CoinShares, Europe’s largest and longest-running digital asset investment firm, was founded in 2017 and headquartered in London. It offers crypto ETPs and asset management services. Its Bitcoin and Ethereum ETP products lead in Europe, serving institutional and retail investors.
Strategy, formerly MicroStrategy (MSTR)
Listed: 1998 | Exchange: NASDAQ | Ticker: MSTR | Monthly change: +9.68%
MicroStrategy, founded in 1989 and headquartered in the U.S., went public in 1998. In 2025, MicroStrategy rebranded as Strategy. Through debt financing, it continuously increased its Bitcoin holdings, becoming the company with the largest Bitcoin stash globally. As of May 2025, Strategy held 576,230 Bitcoins, representing nearly 3% of all Bitcoin in circulation.
Amber International Holding Limited (AMBR)
Listed: March 13, 2025 | Exchange: NASDAQ | Ticker: AMBR Amber Group, founded in 2017 and headquartered in Singapore, listed on Nasdaq on March 13, 2025. It offers crypto trading, asset management, and lending services. Its algorithmic and high-frequency trading technologies lead globally, serving institutional and high-net-worth clients.
Antalpha Platform Holding Company (ANTA)
Listed: May 14, 2025 | Exchange: NASDAQ | Ticker: ANTA
Founded in 2018 and headquartered in Singapore, Antalpha focuses on ecosystem services across the Bitcoin mining value chain, offering equipment procurement, loan financing, and other services. On its first trading day, May 14, 2025, its stock surged 70%, triggering a circuit breaker.
Strive, formerly Asset Entities (ASST)
Announced merger date: February 3, 2023 / May 7, 2025 | Exchange: NASDAQ | Ticker: ASST
Strive, founded in 2022 and headquartered in the U.S., announced on May 7, 2025, that Strive Asset Management would merge with Asset Entities (ASST). The merged company will be renamed Strive, remain listed on Nasdaq, and transform into a publicly traded Bitcoin financial company.
Twenty One Capital (XXI)
Listed: April 23, 2025 | Exchange: NASDAQ | Ticker: XXI
Backed by Tether, Bitfinex, and SoftBank, Twenty One Capital went public on April 23, 2025. Formed through a SPAC merger with Cantor Equity Partners, it entered the market holding $3.6 billion worth of Bitcoin on its balance sheet, making it the third-largest corporate Bitcoin holder globally.
Semler Scientific, Inc. (SMLR)
Listed: September 28, 2021 | Exchange: NASDAQ | Ticker: SMLR | Monthly change: +30%
Founded in 2007 and headquartered in California, Semler Scientific specializes in medical technology and Bitcoin investment. Its core product is a cardiovascular diagnostic device. In recent years, its Bitcoin treasury strategy has drawn attention, and it continues to accumulate Bitcoin using cash flow and convertible debt financing.
Metalpha Technology Holding Limited (MATH)
Listed: October 20, 2017 | Exchange: NASDAQ | Ticker: MATH
Metalpha Technology Holding Ltd is a wealth management firm focused on digital assets. It primarily generates revenue through crypto-related trading activities, including issuing derivatives to OTC clients and proprietary trading. It partners with a crypto exchange to provide market-making services for crypto derivatives, facilitating their trading.
Crypto Ecosystem-Related Companies (6 companies)
Exodus Movement Inc. (EXOD)
Listed: December 18, 2024 | Exchange: NYSE | Ticker: EXOD | Monthly change: -11.6%
Founded in 2015 and headquartered in the U.S., Exodus is best known for developing a multi-cryptocurrency wallet application. Its core business revolves around the Exodus Wallet—a non-custodial wallet enabling users to securely store, manage, and trade various cryptocurrencies.
Fold Holdings, Inc. (FLD)
Listed: February 9, 2022 | Exchange: NASDAQ | Ticker: FLD | Monthly change: +10.59%
Founded in 2019 and headquartered in the U.S., Fold operates a Bitcoin rewards platform. Through debit cards and payment services, users earn Bitcoin. Fold attracts retail users via its “crypto cashback” model and integrates with payment networks like Visa.
Mercurity Fintech Holding Inc (MFH)
Listed: April 8, 2015 | Exchange: NASDAQ | Ticker: MFH
Founded in 2011 and headquartered in New York, Mercurity is a digital fintech company offering AI infrastructure, blockchain, and digital assets. Its three core businesses include: 1. Blockchain and digital asset solutions; 2. AI and HPC infrastructure, developing liquid cooling solutions for AI data centers; 3. Comprehensive financial services through Chaince Securities, LLC (a FINRA-registered broker-dealer) and RIA.
Sol Strategies, Inc. (CYFRF)
Listed: 1998 | Exchange: TSXV | Ticker: CYFRF | Monthly change: +30%
Sol Strategies Inc. (formerly Cypherpunk Holdings Inc.) is a Canadian public company focused on investing in the Solana blockchain ecosystem. It rebranded from Cypherpunk Holdings to Sol Strategies in September 2024, shifting its strategic focus to Solana, including staking Solana (SOL) tokens and investing in Solana-based projects and infrastructure.
BTCS Inc (BTCS)
Listed: September 14, 2021 | Exchange: NASDAQ | Ticker: BTCS
Founded in 2013 and headquartered in the U.S., BTCS operates an online e-commerce marketplace where consumers can purchase goods using digital assets, including Bitcoin. The company focuses on the blockchain and digital asset ecosystem. It runs a beta-stage e-commerce platform accepting multiple cryptocurrencies and has developed a beta-stage secure digital currency storage solution, the BTCS Wallet. Its blockchain infrastructure business includes two main revenue-generating activities: Ethereum block building and validator node operations.
DeFi Development Corp (DFDV)
Listed: July 25, 2023 | Exchange: NASDAQ | Ticker: DFDV
DeFi Development Corp (formerly Janover), founded in 2018, transitioned from a real estate tech company into a Solana-focused public firm. It currently holds 609,190 SOL tokens, valued at over $107 million. Last Friday, DFDV shares rose 30%, up 2800% since pivoting to Solana.
Conclusion
In terms of composition, today’s publicly traded crypto companies reflect the complete upstream, midstream, and downstream chains of the crypto world, tracing blockchain’s journey from the fringe to the mainstream.
Upstream, 24 mining and hardware firms operate mines, produce mining equipment, or provide mining services. Many early mining companies are transforming from single-product Bitcoin producers into diversified computing infrastructure providers—companies like Core Scientific and CleanSpark have expanded into AI training and high-performance computing.
Midstream, crypto trading platforms like Coinbase and Robinhood maintain dominant positions, focusing on transaction matching and payment services while continually expanding compliance boundaries through IPOs, securing their place in mainstream financial markets.
Downstream, crypto asset management firms connect internal and external ecosystems by accumulating crypto and offering crypto derivative financial products, bringing more users into the space. Native crypto ecosystem companies nurture the native environment through investment and R&D, pushing crypto applications outward. As the most liquid nodes in the crypto market, exchanges are also exploring ways to bridge U.S. equities and crypto. For example, Bybit recently launched a U.S. stock trading channel using CFDs (contracts for difference), allowing users to trade popular U.S. stocks, gold, crude oil, forex, and other financial products directly with USDT.
With potential IPOs approaching for crypto giants like Circle and Kraken, the spark of “crypto entering public markets” is rapidly gaining momentum. “Token price” is no longer the sole metric by which the world judges the crypto market.
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