According to the data published by Blockdata report, the blockchain data platform, Alphabet, the parent company of Google, invested a total of $ 1.5 billion in blockchain projects, becoming the company that invested the most in blockchain projects.
Investors
When we look at the large investments that the technology giant Google has made in blockchain companies, we can see how great interest Google has in blockchain technology. Among the companies Alphabet has invested in are; Fireblocks, a crypto custody firm, NFT firm Dapper Labs, Bitcoin infrastructure firm Voltage, and Digital Currency Group, a venture capital firm.
Other Investors
According to the Blockdata report, the company that invested the most in blockchain projects after Alphabet was Blackrock, with a total investment of $1.17 billion in several blockchain projects, including FTX, which recently announced its bankruptcy. Blackrock was followed by Morgan Stanley with an investment of $1.10 billion, while South Korea-based Samsung ranked 4th with an investment of $979 million. In addition, Samsung invested in 13 different companies and became the owner of the title of the most active company investing in blockchain companies.
The Most Popular Projects
According to the Blockdata report, 19 of the 61 projects that received investments consist of companies focused on NFT solutions and services. In addition, 12 companies are NFT marketplaces and 11 companies are companies focused on NFT gaming services. When we look at these data, we can say that the most popular projects of this year are NFT projects. Blockdata said:
“The popularity of NFTs can be mainly seen as an opportunistic move by corporations looking to capitalize on trends to meet where their customers are transacting.”
In the Blockdata report, we can see the general investment amounts of the companies, but we cannot reach the information of how much the companies have invested on a single project.
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