45 Publicly Traded Crypto Companies: The Rise of Crypto Stocks in 2025

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The convergence of traditional finance and the digital asset economy has reached a pivotal moment. In May 2025, Coinbase Global Inc. (COIN) was officially added to the S&P 500 Index, marking a historic milestone for the crypto industry. The news sent Coinbase’s after-hours trading price soaring by 10%, reinforcing what many analysts have long predicted: crypto stocks are going mainstream.

Dan Dolev, Senior Payments Analyst at Mizuho, aptly described the event as “a sign of the times.” The inclusion of a pure-play crypto company into one of the most influential equity benchmarks signals institutional validation and opens the door for broader investor access through index funds and ETFs.

This momentum isn’t isolated. Recent market movements—like Antalpha’s 70% surge on its NASDAQ debut or Galaxy Digital’s restructuring and direct listing—highlight a growing appetite for publicly traded crypto-related enterprises. From mining operations to investment platforms, blockchain infrastructure to exchange services, the ecosystem is maturing rapidly.

In this comprehensive overview, we explore 45 publicly listed companies shaping the future of digital assets across global stock exchanges. These organizations represent the full spectrum of the crypto value chain—from foundational mining and hardware to trading platforms and next-generation financial services.

Crypto Exchanges and Trading Platforms (6 Companies)

These companies serve as gateways between traditional capital markets and the digital asset world, offering users secure, compliant access to cryptocurrencies.

Coinbase Global Inc. (COIN)

Founded in 2012 and headquartered in San Francisco, Coinbase serves over 120 million users across more than 100 countries. As one of the most regulated crypto exchanges in the U.S., it offers retail and institutional services including Coinbase Custody and Coinbase Prime, managing over $200 billion in assets.

Beyond trading, Coinbase actively invests in public blockchains, Layer 2 solutions, and decentralized identity. Its inclusion in the S&P 500 in May 2025 solidified its status as the first major crypto-native firm to enter mainstream indices—a watershed moment for the industry.

👉 Discover how leading platforms are bridging crypto and Wall Street

Robinhood Markets, Inc. (HOOD)

Best known for democratizing stock trading, Robinhood expanded into crypto in 2018, allowing commission-free trading of Bitcoin, Ethereum, and other major digital currencies. With a mobile-first interface and strong user engagement, it appeals particularly to younger investors exploring crypto for the first time.

Despite regulatory scrutiny, Robinhood continues to innovate with features like recurring buys and crypto wallets, positioning itself as a hybrid fintech platform.

Block, Inc. (SQ)

Formerly Square, Block has been a pioneer in integrating Bitcoin into mainstream payment systems. Through its Cash App, millions of users can buy, sell, and store BTC. The company also funds Bitcoin mining research and hardware wallet development via its TBD division.

Block’s vision extends beyond payments—it aims to build an open, decentralized financial system using blockchain technology.

Bakkt Holdings Inc. (BKKT)

Backed by the Intercontinental Exchange (ICE), Bakkt focuses on institutional-grade digital asset solutions. It offers physically delivered Bitcoin futures, spot trading, and crypto rewards programs in partnership with brands like Starbucks and Mastercard.

Its enterprise-focused approach emphasizes compliance and security, making it a trusted name among banks and large corporations exploring blockchain integration.

OSL Group Ltd (0863.HK)

As Hong Kong’s leading digital asset platform, OSL holds a virtual asset service provider license from the SFC. It provides institutional brokerage, exchange, and custodial services with over $5 billion in assets under management.

With a strong presence in Asia, OSL plays a critical role in connecting regional capital with global crypto markets.

eToro Group Ltd (ETOR)

Israeli-born social investing platform eToro went public in May 2025, bringing its unique “copy trading” model to Wall Street. With over 30 million users worldwide, eToro allows investors to mirror trades of top performers—now extended to crypto portfolios.

The platform supports Bitcoin, Ethereum, and various altcoins alongside stocks and ETFs, lowering barriers to entry through intuitive design and community-driven learning.

Cryptocurrency Mining & Infrastructure Firms (24 Companies)

This segment forms the backbone of blockchain networks—mining companies secure proof-of-work ledgers while increasingly diversifying into AI computing and green energy initiatives.

Key players include:

Many of these firms are evolving beyond pure mining. For example, CoreWeave (CRWV)—listed in March 2025—transitioned from crypto mining to become a high-performance GPU cloud provider serving AI developers.

Sustainability is a growing trend: companies like TeraWulf (WULF) and Greenidge (GREE) promote zero-carbon or repurposed energy models to attract ESG-conscious investors.

👉 See how next-gen mining firms are powering both blockchains and AI

Crypto Investment & Financial Services (9 Companies)

These firms act as bridges between traditional finance and digital assets, offering investment products, asset management, and structured financial tools.

Galaxy Digital (GLXY)

Founded by Mike Novogratz, Galaxy Digital provides institutional-grade trading, asset management, and principal investing across crypto markets. After restructuring in early 2025, it achieved a dual listing on NASDAQ—signaling stronger regulatory alignment.

Strategy (formerly MicroStrategy) (MSTR)

Once a business intelligence software company, Strategy (renamed in 2025) became the world’s largest corporate holder of Bitcoin. As of May 2025, it holds over 576,230 BTC, nearly 3% of all circulating supply—financed largely through debt offerings.

Its bold treasury strategy has inspired numerous public companies to adopt Bitcoin as a reserve asset.

Twenty One Capital (XXI)

Backed by Tether and SoftBank, Twenty One Capital entered the market with a balance sheet holding $3.6 billion worth of Bitcoin—making it the third-largest corporate BTC holder globally. Its SPAC merger with Cantor Equity Partners marked a new era of institutional-grade crypto finance.

Other notable names:

Blockchain & Ecosystem-Focused Public Companies (6 Companies)

These firms support native crypto ecosystems through development funding, wallet infrastructure, or direct token holdings.

Examples:

Mercurity Fintech (MFH) combines blockchain infrastructure with AI cooling technologies for data centers—a glimpse into cross-industry innovation enabled by decentralized networks.

Frequently Asked Questions

Q: What does it mean for Coinbase to join the S&P 500?
A: It signifies formal recognition by mainstream financial markets. Index fund inclusion drives passive investment inflows and increases credibility among conservative investors.

Q: Are crypto mining stocks profitable in 2025?
A: Many are—especially those using low-cost or renewable energy. Firms like CleanSpark and Riot have improved margins through operational efficiency and vertical integration.

Q: Which company holds the most Bitcoin?
A: Strategy (formerly MicroStrategy) holds over 576,000 BTC—the largest public company holder. Twenty One Capital ranks third behind Tesla and Strategy.

Q: Can I invest in Ethereum through public stocks?
A: Not directly—but firms like CoinShares offer Ethereum ETPs in Europe. Some miners like HIVE also mine ETH alongside BTC.

Q: Is investing in crypto stocks safer than buying cryptocurrencies?
A: Generally yes—stocks offer regulatory oversight, financial reporting transparency, and exposure without private key management risks. However, they still carry market volatility.

Q: Will Kraken or Binance go public soon?
A: While neither has confirmed IPO plans, rising institutional demand suggests major exchanges may consider public listings post-regulatory clarity.

Final Thoughts

The landscape of publicly traded crypto companies now reflects a mature industry—from foundational miners securing blockchains to sophisticated financial firms managing billions in digital assets.

With core keywords like crypto stocks, Bitcoin mining, S&P 500, public blockchain companies, institutional crypto adoption, mining stocks, digital asset investment, and crypto IPOs gaining traction, this sector is poised for further expansion in 2025 and beyond.

As more firms adopt Bitcoin treasuries or pivot toward decentralized ecosystems, the line between traditional finance and Web3 continues to blur—ushering in a new era where stock tickers tell the story of blockchain’s ascent.

👉 Stay ahead of the next wave of crypto market evolution