India has the third most NFT companies headquartered in the world

The popularity of non-fungible tokens or NFTs has exploded with exchange sites like OpenSea featuring record numbers of NFT listings and sales. While the world of NFTs is still in its infancy, many have been quick to realise the potential of this new digital asset class and the multitude of ways they can be used. The NFT Club in a study based on Google search and data from Blockdata finds out the countries where the most NFT companies are headquartered and how many countries are interested in NFTs.

Countries where most NFTs company HQ are

Rank	Country	NFT companies in country	% of NFT companies
1	US	91	41.55
2	Singapore	24	10.96
3	Ìndia	11	5.02
4	Canada	9	4.11
5	Australia, Japan, UK	7 each	3.20

India is known for having a strong IT and communications sector so it should come as no surprise that a country this big is one of the top places for NFT companies.

The countries most interested in NFT

Rank	Country	Population	NFT searches	NFT searches per 100,000 people
1	Taiwan	23,888,595	2,300,330	9,629
2	Australia	26,068,792	2,137,060	8,198
3	Canada	38,388,419	3,119,870	8,127
4	Iceland	345,393	27,680	8,014
5	New Zealand	4,898,203	374,740	7,651

The research also revealed:

--Despite being home to one of the highest numbers of NFT company HQs in the world, India came out bottom in terms of interest, with just 254 searches per population.

--The US is also home to the highest-funded NFT company, Forte Labs, worth over $900m. The 2nd highest-funded NFT company, Sorare, is based in France.

--5/10 of the highest-funded NFT companies are based in the USA, including Forte Labs, OpenSea, FanCraze, Genies and Pixel Vault with accumulative funding of over $ 1.6billion.