The average age of companies and employees by size

Our research shows the average age of companies that have announced or completed a security token offering is 3 years with the majority of employees ranging 11-50 in size

Over the past few years, companies have entered the digital securities ecosystem by leveraging blockchain technology to complete fundraising or tokenize assets. Our database shows that startups and early-stage ventures are leading the way in embracing innovation when executing their business goals. These companies are identified to be more influenced by technology, as it plays an important factor in their product development or how financial decisions are made.

The median age of companies is less than the average, being 2 years, which further highlights the early nature of market participants thus far.  Despite this, the market has also seen mature companies and financial institutions be involved, for example, Kraken was founded in 2011 and completed a tokenized equity round and the World Bank founded in 1945 has completed a couple of bond issuances to date.

Overall SME’s are driving the use cases of digital securities today, but there exists increasing interest and participation from more established companies to innovate and capitalize on new technology.  As the market matures, one would expect a shift of age and employee size values.

Methodology

Data is consolidated from 110 companies, whereby a fundraising event has been announced or completed for the sale of security tokens. 


Disclaimer

This publication is for informational purposes only.  Data is compiled from publicly available information or from sources believed to be reliable, accuracy and completeness cannot be guaranteed.  STOblock does not endorse any issuer or certify that tokens are security tokens in any jurisdiction.  Nothing herein shall constitute or be constructed as, an offer, recommendation or solicitation to buy or sell any securities.  

Close

Subscribe to our newsletter