• Binance leads with $209 billion while Coinbase follows with $155 billion in crypto assets.
• Satoshi Nakamoto holds $125 billion in Bitcoin placing third in Arkham’s ranking.
• DeFi protocols and governments manage billions showing diverse global crypto market control.

Arkham Intelligence has released its 2025 rankings of the world’s most influential cryptocurrency holders. The report groups wallets into entities, assigning them to exchanges, corporations, protocols, or individuals. This approach creates a more accurate picture of market concentration. Collectively, the entities control around $1.6 trillion in digital assets

Exchanges Dominate Global Holdings

Binance leads the rankings with over $209 billion in crypto assets. Coinbase follows with $155 billion under management. These exchanges play a central role in custody and trading activities across global markets.

South Korea’s Upbit controls $32 billion, while other exchanges such as OKX, Kraken, and Bitfinex each manage over $30 billion. Together, these platforms represent a substantial share of total exchange-linked crypto assets.

Early Adopters and Institutional Giants

Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is ranked third with $125 billion worth of BTC. MicroStrategy, the publicly traded Bitcoin treasury company, holds $53 billion in the cryptocurrency. BlackRock enters the top five with more than $100 billion in crypto exposure. 

Fidelity Custody manages $47.5 billion, while Grayscale oversees $34 billion. These figures underscore the growing involvement of established asset managers. Decentralized protocols also rank highly. Lido holds nearly $70 billion, while Aave controls more than $31 billion. 

Their positions confirm the influence of liquid staking and lending platforms in digital asset markets. Governments also appear in the rankings. The United States manages about $23 billion worth of digital assets. The United Kingdom holds around $6.9 billion. Both governments obtained their holdings primarily through enforcement actions and seizures.

Corporate Treasuries Expand Beyond Bitcoin

Publicly traded companies collectively own more than 1 million BTC. These firms are increasingly diversifying into other tokens. Ethereum treasuries now account for 4.91 million ETH, showing broader adoption beyond Bitcoin. 

Companies are also accumulating Solana, Dogecoin, and BNB Coin. This shift demonstrates the willingness of corporate treasuries to manage multiple cryptocurrencies within their reserves. Arkham’s list includes Polygon with $10.6 billion and Pump.fun with $3.3 billion. 

Mt. Gox remains significant with $3.9 billion in assets. The Official Trump Meme project controls more than $7 billion in crypto. Individual investors also appear on the list. Tron founder Justin Sun holds over $2 billion, while Winklevoss Capital maintains similar levels.