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Blockchain Firms Attract $6B Since September 2021

ByLouis Adams

Aug 25, 2022 #Blockchain
Reading time: < 1 minute

According to a study by Blockdata, businesses focused on the blockchain industry raised about $6 billion from September 2021 to June 2022. The 40 largest corporations invested mainly in this sector.

At the same time, it is impossible to determine the scale of funding, since the technology giants preferred to invest in decentralized development during several rounds. For instance, Samsung Corporation, which turned out to be the most active, funded the work of 13 blockchain startups.

Alphabet, Google’s parent company, has invested $1.5 billion in several enterprises that create blockchain services at once, whereas BlackRock and Morgan Stanley have invested $1.2 billion and $1.1 billion in the industry, respectively.