By 2025, China will add 75,000 new blockchain companies, bringing the total to nearly 290,000, setting a new historical record

According to DLNews, by 2025, China is expected to add about 75,000 new blockchain startups, bringing the total number of registered blockchain companies in the country to nearly 290,000, marking the highest growth rate since 2021.

The China Internet Investment Fund predicts that the scale of the blockchain industry could double to $1.4 billion by 2027. Chinese companies have applied blockchain in food traceability, supply chain finance, and the legal field.