#Google's parent company #Alphabet spent $1.56 billion in blockchain companies, according to a blog post by the #blockchain analysis website #Blockdata. With this, it overtakes other big organisations including #Blackrock, #MorganStanley, #Samsung, and #GoldmanSachs as the largest publicly traded firms investing in the industry.
Blackrock contributed $1.17 billion over three rounds, Morgan Stanley $1.1 billion over two rounds, while Alphabet committed $1.56 billion over four rounds. Goldman Sachs is in fifth place with $698 million, while Samsung is first with 13 fundraising rounds totaling $979 million.
While Alphabet and Blackrock are adopting a different strategy by concentrating on a smaller collection of businesses like #Fireblocks and Circles, Samsung is betting on #blockchain services, #development platforms, #NFT, and social networks.
Blackrock contributed $1.17 billion over three rounds, Morgan Stanley $1.1 billion over two rounds, while Alphabet committed $1.56 billion over four rounds. Goldman Sachs is in fifth place with $698 million, while Samsung is first with 13 fundraising rounds totaling $979 million.
While Alphabet and Blackrock are adopting a different strategy by concentrating on a smaller collection of businesses like #Fireblocks and Circles, Samsung is betting on #blockchain services, #development platforms, #NFT, and social networks.