The research firm Hurun has published a new classification of Bitcoin Billionaire companies worldwide, or companies worth more than a billion dollars, from 2020. This ranking presents all the new multi-million dollar technology companies founded in the 21st century that are not yet listed on public exchanges.
The report, called “Hurun Global Unicorn Index 2020”, shows that there are a total of 586 unicorn companies worldwide, compared to 494 companies in the 2019 ranking.
Ethereum-based assets record best performance in 2020
The blockchain industry represents 2% of the list. With Ripple taking first place as the company with the highest rating in the sector. It ranks #23, up from last year’s index, where it was #28 on the list.
The most significant change was Binance, which moved up thirty places on the list, and finally finished at #108.
Bitmain is the biggest loser
Bitmain, it plummeted significantly in terms of valuation. Last year, the company recorded a valuation of $12 billion, but has since fallen to $4 billion. According to Hurun, one of the reasons behind Bitmain’s fall is the “mediocre post-IPO performance of its rival, Canaan.
The crypto currency exchange ‘Coinbase’ remains at a valuation of $8 billion, although it dropped one place in Hurun’s ranking to #31.
Ripple has the highest valuation in the blockchain sector with a valuation of $10 billion. This represents a $5 billion increase over the 2019 ranking.
China’s public blockchain ranking ranks Bitcoin 14th, while EOS tops the list
The Blockchain Research Institute, run by China’s Center for Information and Industrial Development (CCID), released its 17th Blockchain Global Technology Assessment Index on April 10.
According to the latest index, EOS ranks as the best performing blockchain project, while Bitcoin, the most used blockchain, dropped three places and is now ranked 14th on the list.