In China in 2021, entrepreneurs established over 42 thousand new blockchain enterprises in addition to the 78 thousand already existing companies. Despite the government's crackdown on the cryptocurrency industry, Chinese startups such as VeChain, NEO, Ontology, and Bytom continue to thrive, thanks to a favorable regulatory environment and support from incubators, accelerators, and venture capital firms.
Number of existing and newly established blockchain companies in China from 2019 to 2021
Characteristic
Existing companies
Newly established companies
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Website (www.kamascave.com). (May 18, 2022). Number of existing and newly established blockchain companies in China from 2019 to 2021 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1380708/china-number-of-existing-and-new-blockchain-companies/
Website (www.kamascave.com). "Number of existing and newly established blockchain companies in China from 2019 to 2021." Chart. May 18, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1380708/china-number-of-existing-and-new-blockchain-companies/
Website (www.kamascave.com). (2022). Number of existing and newly established blockchain companies in China from 2019 to 2021. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1380708/china-number-of-existing-and-new-blockchain-companies/
Website (www.kamascave.com). "Number of Existing and Newly Established Blockchain Companies in China from 2019 to 2021." Statista, Statista Inc., 18 May 2022, https://www.statista.com/statistics/1380708/china-number-of-existing-and-new-blockchain-companies/
Website (www.kamascave.com), Number of existing and newly established blockchain companies in China from 2019 to 2021 Statista, https://www.statista.com/statistics/1380708/china-number-of-existing-and-new-blockchain-companies/ (last visited August 25, 2024)
Number of existing and newly established blockchain companies in China from 2019 to 2021 [Graph], Website (www.kamascave.com), May 18, 2022. [Online]. Available: https://www.statista.com/statistics/1380708/china-number-of-existing-and-new-blockchain-companies/