TechCrunch: New York's local "unicorns" in the crypto/Web3 field account for about 40%, OpenAI's valuation may exceed $100 billion
TechCrunch, the American technology media company, has released a report titled "Unicorn Club," which points out that the number of unicorns with a market value exceeding $1 billion has increased 14 times in the past decade. The industry scope has also expanded to include areas such as cryptocurrency and climate. Cryptocurrency appears to be one of the major trends of the past decade, with Coinbase reaching a market value of $76 billion in November 2021 after its listing and now standing at around $32 billion. OpenAI is set to become the first AI super unicorn, with an estimated valuation surpassing $100 billion. Currently, New York City is home to 100 unicorn companies, approximately 40% of which are cryptocurrency/Web3 fintech companies including OpenSea and Chainalysis.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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