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Where To Buy Blockchain Stocks



Many investors are familiar with blockchain as the underlying technology that provides security and transparency to the cryptocurrency market. Blockchain technology has a wide range of applications outside of crypto, however, including decentralized finance, international payments, auditing and regulatory compliance. A growing number of companies specialize in blockchain technology, have incorporated blockchain into their businesses or benefit directly from cryptocurrency usage. Unfortunately, the extreme volatility of the cryptocurrency market makes many of these companies high-risk investments that may not be suitable to every investor. Here are seven high-quality blockchain stocks to buy that Wall Street analysts recommend.




where to buy blockchain stocks



Accenture is a global professional services company that provides consulting, technology and other services. Accenture's blockchain services help customers apply and integrate blockchain technology into their business models. CFRA Research analyst David Holt says Accenture is a high-quality investment that has several advantages in a difficult macroeconomic environment, including a loyal client base, a solid balance sheet and a long track record of above-average earnings growth. Holt says Accenture has a "differentiated growth engine," provides best-in-class capital returns and should continue to gain market share from competitors. CFRA has a "strong buy" rating and $333 price target for ACN stock, which closed at $284.88 on Jan. 17.


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Visa (NYSE: V) has been investing in blockchain technology since 2016. It has developed Visa B2B Connect, which processes cross-border corporate payments using blockchain. It also has Visa Fintech Fast Track, which uses crypto wallets to help users pay at more than 100 million merchants globally along with buying and selling bitcoin.


Bit Digital (Nasdaq: BTBT) is a New York-based bitcoin mining company operating in North America. The company has exploded onto the blockchain landscape and is currently one of the largest bitcoin mining companies listed on Nasdaq. The stock price is affordable at $1.21 as of Sept. 27.


Long before Square, there was PayPal (Nasdaq: PYPL), and the two are battling it out not just in person-to-person cash transfers and payment processing but in the cryptocurrency space as well, where PayPal provides a centralized platform for users to buy, hold and sell bitcoin, ethereum, bitcoin cash and litecoin.


Blockchain has progressed from an open-source technology to becoming a major component of finance, supply chains and even film and voting systems. Bitcoin outperformed every other asset class in 2020, and since the adoption of bitcoin and blockchain is increasing, it was a lucrative investment in 2021. Bitcoin was created in response to the 2008 financial crisis, which some say mirrors the financial environment created by the COVID-19 crisis.


A blockchain is a tool with many purposes. As of January 2022, there are no methods to invest directly in a blockchain. However, you can invest in technologies and companies developing products and services that use blockchain."}},"@type": "Question","name": "Can You Buy Blockchain Stock?","acceptedAnswer": "@type": "Answer","text": "You can purchase stock in a company that is developing blockchain solutions, but as of January 2022, you cannot invest directly in a blockchain. Digital securities are tokenized via a blockchain, and you can purchase securitized tokens to buy ownership in a business that tokenizes its shares.","@type": "Question","name": "Can I Invest In Bitcoin (BTC) with $1?","acceptedAnswer": "@type": "Answer","text": "Yes, you can; however, keep in mind that 1 BTC is worth much more than $1. For example, if 1 BTC is worth $43,131.63, you'd be able to buy 0.0000231848 BTC or 2,319 satoshi with $1."]}]}] Investing Stocks Bonds Fixed Income Mutual Funds ETFs Options 401(k) Roth IRA Fundamental Analysis Technical Analysis Markets View All Simulator Login / Portfolio Trade Research My Games Leaderboard Economy Government Policy Monetary Policy Fiscal Policy View All Personal Finance Financial Literacy Retirement Budgeting Saving Taxes Home Ownership View All News Markets Companies Earnings Economy Crypto Personal Finance Government View All Reviews Best Online Brokers Best Life Insurance Companies Best CD Rates Best Savings Accounts Best Personal Loans Best Credit Repair Companies Best Mortgage Rates Best Auto Loan Rates Best Credit Cards View All Academy Investing for Beginners Trading for Beginners Become a Day Trader Technical Analysis All Investing Courses All Trading Courses View All TradeSearchSearchPlease fill out this field.SearchSearchPlease fill out this field.InvestingInvesting Stocks Bonds Fixed Income Mutual Funds ETFs Options 401(k) Roth IRA Fundamental Analysis Technical Analysis Markets View All SimulatorSimulator Login / Portfolio Trade Research My Games Leaderboard EconomyEconomy Government Policy Monetary Policy Fiscal Policy View All Personal FinancePersonal Finance Financial Literacy Retirement Budgeting Saving Taxes Home Ownership View All NewsNews Markets Companies Earnings Economy Crypto Personal Finance Government View All ReviewsReviews Best Online Brokers Best Life Insurance Companies Best CD Rates Best Savings Accounts Best Personal Loans Best Credit Repair Companies Best Mortgage Rates Best Auto Loan Rates Best Credit Cards View All AcademyAcademy Investing for Beginners Trading for Beginners Become a Day Trader Technical Analysis All Investing Courses All Trading Courses View All Financial Terms Newsletter About Us Follow Us Facebook Instagram LinkedIn TikTok Twitter YouTube Table of ContentsExpandTable of ContentsUnderstanding BlockchainUnderstanding Distributed LedgersCompanies Developing Blockchain UsesDigital SecuritiesNon-Fungible TokensFrequently Asked QuestionsCryptocurrencyBlockchainInvesting in the Blockchain BoomByBrett Relander Full Bio LinkedIn Twitter Brett Relander is a serial entrepreneur with 10+ years of experience in marketing strategy, investor relations, leadership, and business development.Learn about our editorial policiesUpdated May 28, 2022Reviewed byCierra Murry Reviewed byCierra MurryFull BioCierra Murry is an expert in banking, credit cards, investing, loans, mortgages, and real estate. She is a banking consultant, loan signing agent, and arbitrator with more than 15 years of experience in financial analysis, underwriting, loan documentation, loan review, banking compliance, and credit risk management.Learn about our Financial Review BoardDistributed ledger technology (DLT) and blockchain are among the hottest trends in business, finance, and many other industries. Their introduction to the mainstream following the rise in popularity of cryptocurrencies has created new investment vehicles, opportunities, and new sectors. Additionally, new business models using these advancements are emerging that improve workflows, data security, e-commerce, government processes, and much more.


A blockchain is a tool with many purposes. As of January 2022, there are no methods to invest directly in a blockchain. However, you can invest in technologies and companies developing products and services that use blockchain.


You can purchase stock in a company that is developing blockchain solutions, but as of January 2022, you cannot invest directly in a blockchain. Digital securities are tokenized via a blockchain, and you can purchase securitized tokens to buy ownership in a business that tokenizes its shares.


These stocks include popular crypto exchanges, cryptocurrency miners, blockchain technology specialists and companies that have large cryptocurrency holdings on their balance sheets. They are typically highly correlated to cryptocurrency price fluctuations, making them extremely volatile and unpredictable.


Cryptocurrency investors and analysts generally expect the share prices of most crypto stocks to rise over the long term if cryptocurrency adoption and use continues to expand globally. But this type of volatile investment may not be suitable for all investors.


Cryptocurrency investors can balance high exposure to crypto markets and responsible risk management by identifying crypto stocks that have diversified, profitable business models and attractive valuations based on fundamental metrics such as price-to-earnings (P/E) ratio and price-to-sales ratio.


Wayne Duggan is a Forbes Advisor contributor. He is also a staff writer at Benzinga, where he has reported on breaking financial market news and analyst commentary related to popular stocks since 2014. Mr. Duggan is also the author of the book "Beating Wall Street With Common Sense" and has contributed news and analysis to U.S. News & World Report, Seeking Alpha, InvestorPlace.com and The Motley Fool. Mr. Duggan is a graduate of the Massachusetts Institute of Technology and resides in Biloxi, Mississippi. 041b061a72


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