Research: 42% of blockchain industry employees work for exchanges

Despite its cyclical tendencies, the blockchain industry continues to grow. There are now 11 companies worth more than $1 billion, according to Hurun’s inaugural list of unicorns. According to The Block’s research, at least 50 companies in the blockchain industry currently employ more than 100 people.

The largest company, by the number of employees, is ASIC producer Bitmain, with about 1,500. Bitmain is followed by three exchanges — Huobi (~1,300), Coinbase (~1,000) and OKEx (~950).