Crypto 100 Rankings Unveil Institutional Takeover

Fortune Magazine has released its inaugural Crypto 100 rankings, ranking companies across ten categories. The list was built in partnership with blockchain analytics firm Inca Digital and drew on input from over 200 crypto experts, evaluating more than 3,000 companies.

The rankings saw BlackRock top the DATs and ETFs category, thanks to its Bitcoin and Ethereum ETFs channeling billions of dollars in institutional capital into crypto. Franklin Templeton claimed the number one spot in the TradFi category, a nod to its aggressive push into tokenization and on-chain fund products.

Hyperliquid took the top spot in the DeFi category, with its rise accelerated by the launch of HYPE token ETFs in May 2026, which pulled in early inflows between $75M and $160M. This suggests real institutional appetite for exposure beyond Bitcoin and Ethereum.