Ethereum's $400 billion market value makes it bigger than all but 12 publicly traded companies

Ethereum's $400 billion market value makes it bigger than all but 12 publicly traded companies
Reuters

The market value of ether, the digital currency tied to the Ethereum blockchain, is now worth more than Walmart.

Ether jumped more than 10% to record highs on Tuesday, bringing its year-to-date rally to 370% and its market valuation to just over $400 billion. Ether touched a record high of just under $3,500, at $3,485.

Ether is the go-to medium of exchange in the digital marketplace, especially for non-fungible tokens and other forms of digital art. The surge higher has left bitcoin behind in recent weeks, and Ark Invest on Monday laid out three reasons why the cryptocurrency has surged higher.
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These are the 12 publicly traded companies that are still worth more than ether's $400 billion market valuation, based off of Monday's closing prices.

12. Johnson & Johnson

Ticker: JNJ
Market Cap: $439 billion
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11. JPMorgan Chase & Co.

Ticker: JPM
Market Cap: $469 billion
Ethereum's $400 billion market value makes it bigger than all but 12 publicly traded companies
Amr Alfiky/Reuters
10. Visa
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Ticker: V
Market Cap: $504 billion

Ethereum's $400 billion market value makes it bigger than all but 12 publicly traded companies
Roberto Machado Noa/LightRocket via Getty Images

9. Taiwan Semiconductor

Ticker: TSM
Market Cap: $555 billion
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Ethereum's $400 billion market value makes it bigger than all but 12 publicly traded companies
FILE PHOTO: A logo of Taiwan Semiconductor Manufacturing Co (TSMC) is seen at its headquarters in HsinchuReuters

8. Alibaba

Ticker: BABA
Market Cap: $633 billion

Ethereum's $400 billion market value makes it bigger than all but 12 publicly traded companies
Reuters
7. Tesla
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Ticker: TSLA
Market Cap: $657 billion
Ethereum's $400 billion market value makes it bigger than all but 12 publicly traded companies
Tesla TKed Wall Street's expectations.Xinhua/Ding Ting via Getty Images

6. Berkshire Hathaway

Ticker: BRK.B
Market Cap: $678 billion
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Ethereum's $400 billion market value makes it bigger than all but 12 publicly traded companies
Warren Buffett, CEO and Chairman of Berkshire Hathaway.University of Nebraska-Lincoln

5. Facebook

Ticker:FB
Market Cap: $929 billion
Ethereum's $400 billion market value makes it bigger than all but 12 publicly traded companies
SOPA Images/Getty Images
4. Alphabet
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Ticker: GOOGL
Market Cap: $1,644 billion

Ethereum's $400 billion market value makes it bigger than all but 12 publicly traded companies
Google headquarters in Mountain View, California.Justin Sullivan/Getty Images

3. Amazon

Ticker: AMZN
Market Cap: $1,709 billion
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Ethereum's $400 billion market value makes it bigger than all but 12 publicly traded companies
Amazon Fresh UK storeKate Duffy

2. Microsoft

Ticker: MSFT
Market Cap: $1,899 billion

Ethereum's $400 billion market value makes it bigger than all but 12 publicly traded companies
Microsoft delivers strong earnings.Cindy Ord/Getty Images
1. Apple
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Ticker: AAPL
Market Cap: $2,259 billion
Ethereum's $400 billion market value makes it bigger than all but 12 publicly traded companies
Don Arnold/WireImage/Getty Images
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