
The March Draper Innovation Index ranks Texas 4th and Oklahoma 15th. Pro-crypto policies draw startup capital. California drops to 31st, New York to 49th. Congress weighs new crypto rules in H2 2026.
Texas climbed to 4th and Oklahoma to 15th in the Draper Innovation Index, the March update showed. Pro-crypto policies and startup incentives drew venture capital toward states with fewer restrictions and stronger crypto funding flows. California dropped to 31st place. New York fell to 49th.
New Hampshire placed third overall, despite ranking 40th in gross domestic product and 42nd in population. The index, run by the BizWorld organization, scores states on tax environment and startup incentives.
Texas reached 4th on capital flows into blockchain projects and a faster pace of business incorporation, the index showed. Oklahoma landed at 15th, lifted by startup formation and crypto-focused funding in the first quarter, the report said.
The report tied the declines in California and New York to slower business formation and strict regulatory frameworks. High tax burdens and complex rules for digital assets discouraged new ventures, the data showed.
Canada slipped two spots to 5th in the regional ranking, a shift the report linked to volatile funding flows.
Monthly tracking continues. The U.S. Congress is scheduled to evaluate new digital-asset regulatory proposals in the second half of 2026, including the CLARITY Act.
Prepared with AlphaScala editorial tooling from the source reporting linked above. Indexable analysis may include a cited Alpha Score value. Publishing checks screen each story before release. Educational coverage, not personalized advice.