China saw 75,000 blockchain firms founded in a year

Almost 75,000 Chinese blockchain startups exploded onto the scene in 2025, bringing the national total of registered ventures to just under 290,000, Chinese media outlet Hexun Finance reported. That represents the highest growth rate since 2021, when Beijing officially incorporated blockchain development into its economic strategy as part of its 14th five-year plan. Since then, cities across the country have created special blockchain zones where local governments fund and support startups. While most o ...