Alphabet leads all public companies in crypto startup investments with $1.56 billion

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 78%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Alphabet leads all public companies in crypto startup investments with $1.56 billion kitconews gold silver investing mining metals economics finance

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

Google's parent company Alphabet ranked at the top of the list in terms of the amount invested, with $1.56 billion invested in blockchain companies during the designated time period. BlackRock and Morgan Stanley rounded out the top three with $1.17 billion and $1.1 million invested, respectively.Samsung was the most active investor during this period, investing $979 million in a total of 13 companies, followed by UOB with seven investments worth a total of $204 million.

Nonfungible token solutions were the most prominent, with a total of 19 companies from this sector represented, and many of these projects belonging to the gaming, arts & entertainment, and distributed ledger technology fields.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines