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The encryption/Web3 field accounts for about 40% of New York’s local “unicorns”, and OpenAI’s valuation may exceed US$100 billion

TechCrunch, a US technology media outlet, released a report called "Unicorn Club", which pointed out that the number of unicorns with a market value of over 1 billion US dollars has increased by 14 times in the past 10 years, and the industry scope has expanded to include areas such as cryptocurrency and climate. Cryptocurrency "seems" to be one of the major trends of the past decade, with Coinbase reaching a market value of 76 billion US dollars in November 2021 after going public, and now it is about 32 billion US dollars. OpenAI is about to become the first AI super unicorn, with an estimated valuation of over 100 billion US dollars. New York City currently has 100 unicorn companies, of which about 40% are cryptocurrency/Web3 fintech companies, including OpenSea and Chainalysis.

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