Major corporations invest $6 billion in blockchain startups

- Advertisement -

The top forty corporations invested around $6 billion in blockchain startups between September 9 and June 2021.

As some investments involve multiple corporations, it is unclear how much each consortium has invested in a particular project.

- Advertisement -

Among 40 corporations During this period, Samsung invested in 13 companies, while Citigroup made six investments and Goldman Sachs invested in five.

The largest funding rounds include Alphabet (US$1,5 billion in four rounds), BlackRock (US$1,2 billion in three rounds), Morgan Stanley ($1,1 billion in two rounds), Samsung ($979 million in 13 rounds), Goldman Sachs ($698 million in five rounds), BNY Mellon ($690 million in three rounds) and PayPal ($650 million in four rounds).

total 61 blockchain companiesn – operating in more than 20 industries has received money through 71 rounds of funding.

Of these, 19 companies offer NFTs in the gaming, art, entertainment and distributed ledger technology industries.

See more:

Rate this post
- Advertisement -


Please enter your comment
Please enter your name here

This website uses Akismet to limit spam. Find out how your comments are approved.

Maybe you are interested

Looking back at the market last week (19/9-25/9) with BTA

The past week (September 19-09) was as expected by many people, after the Fed announced a new interest rate hike at dawn...

Interpol international police wanted worldwide for Do Kwon

Terraform Labs co-founder faces charges in South Korea related to a crash of...

Bitcoin 'HODLed' Number Hits 5-Year High Despite Bear Market

The leading cryptocurrency has not rallied in the past nine months, investors are considering other strategies...

Singapore's DBS Bank Extends Cryptocurrency Services to 100k Customers

According to an announcement via Bloomberg, Singapore's state-owned DBS Bank has expanded its cryptocurrency trading service to...

The number of addresses sending bitcoin to exchanges drops to 22-month low

With the drop in the price of bitcoin, there has been a lot of selling from investors. This sell-off trend...

Related posts

- Advertisement -