Google’s Parent Company Emerges As Top Blockchain Investor

Google’s parent company Alphabet tops blockchain investors list with $1.56 billion.

Tech giant Alphabet invested $1.56 billion in blockchain companies.

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It made the investment between September 2021 and June 2022 in four rounds.

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These investment results in taking the company to the top position among investing in the sector, as per the research published by Blockdata on August 11.

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During this period, Blackrock in three rounds, invested $1.17 billion, followed by banking giant Morgan Stanley at $1.1 billion with two rounds.

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Samsung is at number 13 in funding with $979 million, while Goldman Sachs settles at the fifth position at $698 million.

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Initially, Google embraced a cautious approach towards blockchain but has softened its standpoint by risking into new emerging domains under the sector.

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Recently, Alphabet, the parent company of Google, has made its way into the blockchain sector with several initiatives.

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