Since September 2021, 40 public companies have poured about 6 billion USD into startups . In which, Alphabet (Google) has "contributed" the biggest.

Google has invested "huge" 1.5 billion USD in companies

Google's parent company Alphabet has poured the most capital into the blockchain industry of any other public company, from September 2021 to present, according to statistics reported by Cointelegraph. Blockdata.

Top public companies investing in blockchain companies from September 2021 to June 2022. Source: Blockdata

Accordingly, giant Google has invested 1.5 billion USD in 4 blockchain companies including digital asset custody platform Fireblocks, company Web3 Dapper Labs, infrastructure tools Voltage and venture capital firm Digital Currency Group.

Contrary to last year, Google has allocated 601.4 million USD across 17 blockchain companies, for example Dapper Labs, ,, , and .

Google's increased investment resonates with 40 other public companies generating $6 billion for the entire industry during this time, compared with $1.9 billion in the same period last year and $506 million in 2020.

In the named list, there are also big "contributions" of Blackrock ($1,171 million, 3 rounds of funding), Morgan Stanley ($1.10 million, 2 rounds), Samsung ($979 million, 13 rounds), Goldman Sachs ($698 million, 5 rounds), BNY Mellon ($690 million, 3 rounds) and (650 million USD, 4 rounds).

Like Google, Morgan Stanley and BlackRock took a more focused approach, investing in only two to three companies during this period. Meanwhile, Samsung is ranked as the most active investor because it has poured capital into 13 different companies

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The data also reflect that is the most popular investment that these giants have chosen. The remaining capital is distributed evenly across Blockchain-as-a-Service (BaaS) platforms, infrastructure, smart contracts, scaling solutions, and digital asset custody platforms. .

In addition, the bank has begun to increase exposure to companies and blockchain, driven by increased customer demand for these services, notably United Overseas Bank, Commonwealth Bank of Australia and BNY Mellon.

In most cases, the data cannot determine how much money these corporations have invested, because they participate in multiple rounds of funding with many other investors. Therefore, the report only looks at the total amount of funding they have participated in.

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