I just looked at the latest Fortune 500 list, and some of the data is quite interesting. The total revenue of the top 500 largest companies worldwide is about $41.7 trillion, exceeding one-third of global GDP—this number alone is truly shocking.

Walmart has topped the list for the 12th consecutive year, and as the largest company in the world, it remains steady. Amazon comes next, and China State Grid ranks third. In terms of profit, Saudi Aramco—despite a 13% decline in profit—still leads by a wide margin with about $105 billion in profit. Alphabet and Apple take the second and third spots on the profit rankings, respectively.

What’s interesting is that Nvidia surged to 66th place this year, marking its first time entering the top ten profit list. In China, BYD entered the top 100 for the first time, and the rankings of the five major internet giants are all rising, reflecting an optimization of China’s economic structure.

Next, let’s look at crypto-related companies. A well-known crypto exchange recorded $2.89 billion in revenue in 2025, mainly coming from spot ETF custody fees and derivatives trading. However, it hasn’t yet reached the $3.22 billion threshold required to be included in the Fortune 500. Revenue for a mining chip manufacturer reached $780 million; while it didn’t make the list, what’s even more interesting is MicroStrategy, which holds 628,791 BTC. Based on current prices, that portion of assets exceeds $70 billion, profits are over $10 billion, and the company has already become the 96th largest company in the United States. A large exchange, though privately held and with trading volume of $43 trillion in 2024, is not on the list because it does not publicly disclose its financial statements.

Overall, the Fortune 500 list is still dominated by traditional industries, energy, technology, and finance. Web3 is on the rise, but it’s still young. This comparison says a lot: although crypto companies are growing quickly, their scale in the global economy is still much smaller than that of traditional giants. But that also means there’s opportunity, because this track is only just getting started.