Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most active among the top 40 corporations. Google’s parent Alphabet firm, on the other hand, tops the category of top corporations that participated in the biggest funding rounds.
While the data on the exact amount invested by each corporation is unavailable, Blockdata’s analysis still gives an estimate of the amount that was invested by all the corporations. “The 40 companies invested approximately $6 billion into blockchain startups between September 2021 and June 2022. Because some rounds involve participation from multiple investors, it is unclear how much each company invested in a project,” reads Blockdata’s research report.
Meanwhile, concerning corporations that were active in the biggest funding rounds, Alphabet, the parent company of Google, tops this category after it participated in rounds that raised just under $1.51 billion. Blackrock is in second place having participated in three funding rounds in which $1.17 billion was raised.
The American financial services giant Morgan Stanley occupies the third spot having participated in two rounds which garnered $1.1 billion while Samsung is in fourth place with $979 million.Concerning the use cases that top corporations are interested in, Blockdata determined that 19 of the companies receiving funding were in “some form of non-fungible tokens solutions and services.” Twelve are marketplaces while eleven are in the business of providing gaming services.
Why Samsung can be named the most active investor
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