Google’s parent company, Alphabet, has invested over $1.5 billion into blockchain-focused companies between September 2021 and June 2022.
This is according to data by Blockdata, a blockchain research firm, where 40 of the top 100 public companies, were rankby the investments they have made into blockchain technology in the timeframe in question.
Alphabet poured the most amount of capital into the blockchain industry compared to any other public company. This is by BlackRock which investe $1.17 billion and Morgan Stanley which invest $1.11 billion in the same timeframe.
In an updated blog publish by Blockdata, Alphabet (Google) was reveale as the investor with the deepest pockets; compared to the top 40 public corporations investing in blockchain and crypto companies during the period.
In total, 40 companies invested approximately $6 billion into blockchain startups between September 2021 and June 2022.