Major public companies such as Alphabet Inc., BlackRock, Morgan Stanley, Samsung and Goldman Sachs are the top five investors in blockchain companies from September last year to the end of June 2022. Binance founder Changpeng Zhao tweeted on Wednesday about the figures for the most active investors in blockchain companies. The data was taken from Blockdata, a market intelligence platform for blockchain. Google’s parent is the biggest investor in this market.
Zhao shared his data Twitter The account, “They are quietly already in crypto.”
Binance is the largest cryptocurrency exchange in the world in terms of daily trading volume, while its CEO is the richest man in the cryptocurrency market.
According to Blockdata, Alphabet has invested approximately $1.506 billion in blockchain companies through four funding rounds from September 2021 to June 2022. These companies are Fireblocks, Dapper Labs, Voltage and Digital Currency Group.
American Investment Management firm, BlackRock, is the second largest investor with nearly $1.2 billion in investments in companies such as Circle, FTX and Anchorage Digital through three rounds of funding during the period.
Morgan Stanley, one of the largest investment management and financial services providers, took third place with an investment of $1.11 billion in companies like Figment and Nudig in just two rounds of funding.
Electronics giant, Samsung secured the fourth rank by investing $979.26 million in thirteen funding rounds from September 2021 to June 2022. The South Korean firm has invested in blockchain such as Flow Carbon, Saga XYZ, Dank Bank, Yug Labs, Big Whale Labs. Atomic Forms, Mighty, Fan Craze, Metrica, Animoca Brands, Sky Mavis, Aleo and Ramper.
The US investment banker, meanwhile, was the fifth largest company to invest $690 million in blockchain firms such as Goldman Sachs, Certic, Coin Metrics, Elwood, Block Demon and Anchorage Digital.
Furthermore, companies such as BNY Mellon ranked sixth with an investment of $690 million, while PayPal ranked seventh with an investment of $650 million in blockchain. Bill Gates-backed Microsoft was also in eighth place with an investment of $477 million. While Commonwealth Bank and Prosus took the ninth and tenth positions by investing $421 million and $260 million in blockchain.
In addition, Tencent ($224.5 million), Citi ($215 million), UOB ($204 million), Wells Fargo ($165 million), LG ($129 million), and American Express ($115 million) have invested in blockchain. have invested.
catch all business News, market news, today’s fresh news events and breaking news Updates on Live Mint. download mint news app To get daily market updates.