Coinbase was the first cryptocurrency company to make the Fortune 500 list. The ranking ranks U.S. firms by revenue for the past fiscal year.
The cryptocurrency exchange, with $7.84 billion in revenue, was in 437th place. Coinbase’s revenue was $3.62 billion (up 1,024% year-over-year).
Jack Dorsey’s bitcoin-friendly payments company Block (formerly Square) was ranked 208th with annual revenues of $17.66 billion.
Retail giant Walmart was the leader with revenues of $572.7 billion and profits of $13.7 billion.
Recall that Coinbase had a quarterly loss of $430 million.