Various crypto companies are rebranding - and obviously for a reason
![](data:image/svg+xml;utf-8,<svg xmlns="http://www.w3.org/2000/svg" width="1440" height="1440" />)
Riot Blockchain has changed its name to Riot Platforms. According to the creators - to better reflect the diversity and development of the company not only in one direction.
So did hosting provider Applied Digital, formerly known as Applied Blockchain, in November. The company also explained this step by the desire for diversification.
Some companies even shift their focus to other areas. For example, in August, Stronghold Digital Mining focused on selling electricity to the grid.
Companies that were originally created to work in narrowly focused areas are now developing and expanding or changing the scope of activities and services provided. This clearly shows that despite the economic crisis and problems in the cryptocurrency market, strong players do not stop working hard and laying the foundation for the future for the entire market.
8 comments