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Blockchain adoption is on the rise among Fortune 100 companies, with a 39% increase in crypto, blockchain, and Web3 initiatives in Q1 2024, according to Coinbase's latest report. The study also revealed that 56% of Fortune 500 executives are working on blockchain projects, with an average budget of $9.5 million. Real-world asset tokenization is a significant driver of this trend, with $63 billion of Bitcoin under management in ETFs and tokenized U.S. Treasury bills increasing 1,000% in value to $1.29 billion since 2023. However, the U.S. lags behind in blockchain adoption due to a talent shortage, with only 26% of crypto developers based in the country.

Blockchain adoption is on the rise among Fortune 100 companies, with a 39% increase in crypto, blockchain, and Web3 initiatives in Q1 2024, according to Coinbase's latest report. The study also revealed that 56% of Fortune 500 executives are working on blockchain projects, with an average budget of $9.5 million. Real-world asset tokenization is a significant driver of this trend, with $63 billion of Bitcoin under management in ETFs and tokenized U.S. Treasury bills increasing 1,000% in value to $1.29 billion since 2023. However, the U.S. lags behind in blockchain adoption due to a talent shortage, with only 26% of crypto developers based in the country.

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