TLDR
- Coinbase and Polymarket have been listed on the recent TIME magazine 100 Most Influential Companies list.
- They join the likes of Gap, LinkedIn, and BlackRock.
TIME magazine has released its annual list of the most influential companies, and two major players in the crypto space, Coinbase and Polymarket, are included. Being on this list isn’t easy. Other companies on the list include BlackRock, Nintendo, Gap, and LinkedIn. It’s a big deal. And it’s something that solidifies their positions as titans in the crypto and blockchain universe.
If you’re a crypto enthusiast, here’s a closer look at what made these companies stand out and what this recognition means for the industry. Let’s get after it.
Coinbase: Pioneering Crypto’s Mainstream Movement
Many crypto users started with Coinbase. And a lot of you are still there. And there’s nothing wrong with that. The company excels in its field, continually launching new products and services, even in the face of regulatory uncertainty and lawsuits from the SEC.
Why TIME Highlighted Coinbase
TIME mentioned Coinbase’s massive revenue surge to over $2 billion since last fall, driven by a bullish crypto wave following Trump’s 2024 election victory. However, what really sets Coinbase apart isn’t just its profits, but its influence in Washington.
The company became the first-ever crypto stock to join the S&P 500 index in May. It’s up over 50% in the last year.
If this wasn’t groundbreaking enough, Coinbase is actively shaping crypto policy in the US. Their lobbying efforts made waves during the 2024 elections, and they’ve positioned themselves as a driving force for crypto as a voting issue.
What does this mean for users? If the US passes any crypto-friendly laws, trading on Coinbase could become as ubiquitous as buying a latte with a debit card. It cements their platform as the go-to hub for American crypto activity.
Polymarket: When Prediction Markets Meet Crypto
If you’ve never heard of Polymarket, you’ve been missing out on one of the most exciting innovations in blockchain technology.
Polymarket is all about betting on the future (literally). And not just sports events or elections — it’s everything from geopolitical conflicts to climate forecasts.
Why TIME Highlighted Polymarket
Polymarket wasn’t lucky to be on the list. It earned its spot. During the 2024 US election, over $1.5 million in bets were placed on Trump’s win, compared to $1 million on Kamala Harris. The result? Polymarket provided a sharper lens into political sentiments than traditional polls.
They’re not your average player; $800 million in trades flows through Polymarket monthly. According to DeFi Llama, TVL is sitting at over $120 million. They’re ranked 4th in that category on the struggling Polygon DeFi chain, which has failed to maintain any kind of dominance. And Polymarket? They only exist on Polygon. They’re almost single-handedly keeping that blockchain alive.
Even Robinhood has jumped into the prediction market game, launching its own hub recently, but Polymarket? They remain the reigning champ.
Polymarket has taken crypto-based prediction markets from niche to mainstream, showing that bets aren’t just for gamblers — they’re for thinkers.
Why This Matters for Crypto Users
Recognition from TIME elevates the stature of not just Coinbase and Polymarket but the entire crypto industry. These companies are paving the way for acceptance and innovation at levels we’ve only dreamed about.
For newcomers to crypto, this could mean more regulated, secure, and user-friendly platforms entering the market. The skepticism that once clouded conversations around crypto is steadily fading, replaced by real-world use cases and institutional endorsements.
At the same time, predictions and investments powered by blockchain technology are proving to be not just fun but insightful. Polymarket’s success illustrates that having skin in the game leads to real forecasting power.
Ready to Start Your Crypto Journey?
Here’s the kicker: getting involved in crypto doesn’t need to be intimidating. It’s not even a challenge anymore. It now takes less time and energy than opening a TradFi bank account.
The advancements by companies like Coinbase and Polymarket make it easier than ever to start. Whether it’s investing, trading, or exploring prediction markets, now is a great time to start making some moves.
Start small. Learn the basics. And remember, platforms like Coinbase (and Dypto Crypto) are paving the way with secure, intuitive systems, so beginners can enter the crypto world with confidence.