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Cryptocurrency Plunge Impacts Chinese Listed Companies With Blockchain Plans

Published 09/20/2018, 01:35 PM
Updated 09/20/2018, 02:40 PM
 Cryptocurrency Plunge Impacts Chinese Listed Companies With Blockchain Plans

The plummeting cryptocurrency market this year has significantly impacted Chinese listed companies with ambitious blockchain development plans. Only a small portion of those that had announced blockchain-related market entries last year actually launched.

In a report, the China Money Network said of the 34 listed companies that announced big plans to join the blockchain craze, only nine have actually developed concrete services and products on the space. The report estimates that there were more listed companies t...


This article appeared first on Cryptovest

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