Many people try to enter crypto directly by buying digital assets, but there are other ways to invest in the crypto space, such as blockchain stocks.
Some investors find it more profitable to invest directly in the technologies on which cryptography is based, namely in the blockchain.
There are several companies that develop technological projects or blockchain patents, and therefore there are many opportunities for investment. We have compiled a list that includes some of the best blockchain stocks you can invest in 2020:
IBM [IBM]
IBM is one of the giants of the high-tech industry, which, although it does not occupy a leading position, is still considered one of the most prolific innovators in various fields of technology.
The company is also actively developing blockchain projects. The IBM Blockchain platform has already secured hundreds of customers from various industries. In addition, IBM Cloud is used to manage blockchain as a service (BAAS), which tracks and reliably stores business customer transactions.
IBM currently has one of the largest patent portfolios among all publicly traded companies.
Bank of America [BAC]
Surprisingly, Bank of America It has the most extensive portfolio of patent chains among all public companies. Owning patents can bring you billions of dollars each year simply by licensing your patent as intellectual property.
Bank of America [BAC] even surpasses Alphabet Inc [GOOGL], Microsoft [MSFT] and other technology companies in terms of blockchain patents, making BAC one of the most potentially profitable blockchain shares on the market.
CME Group [CME]
CME Group is a leading exchange platform that issues Bitcoin futures. Bitcoin futures contracts allow investors to speculate on the price of BTC and earn money if their prediction turns out to be correct within a certain period of time.
Derivative cryptocurrencies make up a small part of the CME Group's entire business, but cryptocurrency-based products are still ready to generate significant profits for the company, especially if it decides to launch new products based on other assets, such as Ethereum.
The company also distributes part of its profit among shareholders through regular quarterly dividends or flexible annual payments, which can amount to an additional annual profit of 5%
Square[SQ]
Square is a renowned provider of hardware and software for e-commerce businesses that manage everything from credit card payment processing to inventory management. Square has also expanded to business loans and peer-to-peer payments by launching its Square Capital and Cash App.
The company also created a dedicated blockchain development team called Square Crypto to strengthen the bitcoin network. The developers also integrated the possibility of transactions with bitcoins in their Cash application. The popularity of the application among users amounted to $ 125 million in the second quarter of the year.
Last year, Square received a total payment of $ 95 billion, and its other businesses, such as Square Capital, are also expected to grow in value.
The Bitcoin Investment Trust [GBTC]
At the moment Bitcoin Investment Trust is the only stock on the US public stock exchange in which Bitcoin is the main asset. The trust allows you to safely invest in bitcoins without buying coins directly from the exchange.
In addition, the trust has a total BTC fund of 175, and investors can own a share of bitcoins by buying into the trust. The proportion is about 000 BTC.
Bitcoin Investment Trust serves experienced investors who want to undergo bitcoin price fluctuations through a traditional financial product that does not have the risks associated with crypto exchange and wallets.
These blockchain stocks are the first publicly quoted securities to invest and earn money only based on the price of bitcoin.
Microsoft [MSFT]
Microsoft is another tech giant on our list that is heavily involved in blockchain development. The company has developed the Azure cloud, in which blockchain technology and its "Blockchain as a Service" are already integrated by Nasdaq, AT&T and other large companies. Based on the Ethereum blockchain, Microsoft Azure relies on the Ethereum Foundation's verdict every time a code update is required.
The Azure Cloud has great potential to compete with Amazon in terms of cloud hosting applications. Their blockchain as a service was launched in the winter of 2015, and since then Microsoft has accelerated the development of blockchains.
Broadridge[BR]
Blockchain promotions Broadridge is another great option for investors as the company has partnerships with banking institutions (Northern Trust, JPMorgan) that use distributed ledger technology.
Broadridge also created several DLT-based options, including proxy voting, which allows shareholders to agree on specific issues.
Considering that some of the largest players in the banking industry are included in the list of Broadridge partners, this makes the company a real investment option.
HIVE Blockchain Technology [HIVE]
HIVEformerly known as Leeta Gold Corp, serves a number of blockchain-based enterprises. The Canadian company has partnered with a number of blockchain companies to help it manage its leading businesses.
One of her main partners is Genesis Mining Ltd., a well-known cloud bitcoin miner that helps her manage the cryptoMiningfarm in Iceland. Icelandic mining mainly generates Ethereum tokens. The company also owns mining in Sweden and Norway.
Coinsilium Group [COIN]
Consilium is a developer, investor and accelerator for blockchain based startups or blockchain products. The company has been in this business since 2014. Coinsilium Group is based in London and serves a large UK client base.
Currently, the Group invests and supports the development of many companies that are based on blockchain technology or use cryptocurrencies. These blockchain shares are listed on the NEX exchange as specified in the Financial Services and Markets Act 2000.
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This was our list of nine blockchain priority shares that you should consider for investment in 2020. Although, of course, there are other ways to invest in blockchain business, such as ICOs, STOs and others, many of these methods are still not regulated in most markets.