$1.4 Billion Invested in Blockchain, says PwC Executive

$1.4 Billion Invested in Blockchain, says PwC Executive

Leading PricewaterhouseCoopers (PwC) executive Seamus Cushley says $1.4 billion has been invested in blockchain startups so far this year. Cushley, director of fintech and digital at EMEA, will discuss blockchain’s evolution on November 8 at PwC’s Business Forum in Dublin. Blockchain Is Becoming Popular Amongst All Sectors Within The Economy. According....


Related News

Fintech Funding Breaks All Records

Investment in Fintech companies has reached an all-time high with $8.2 billion invested in the second quarter of 2016, double the more than four billion invested in Q1 2016. Asia and, in particular, China, significantly lead, with $7.22 billion invested in Chinese Fintechs during 2016. In total, almost $23 billion has been invested worldwide over a yearly period, more than double the funding raised during the same period last year. In the latest sign that Fintech has far surpassed the tipping point in China and is now mainstream or on the verge of being mainstream, Ant Financial, an....

Google invested a whopping $1.5B into blockchain companies since September

Other notable corporate investors include BlackRock, Morgan Stanley, Samsung, and Goldman Sachs, according to a report from Blockdata. Google parent company Alphabet poured the most amount of capital into the blockchain industry compared to any other public company, investing $1.5 billion between Sep. 2021 and Jun. 2022, a new report shows. In an updated blog published by Blockdata on Aug. 17, Alphabet (Google) was revealed as the investor with the deepest pockets compared to the top 40 public corporations investing in blockchain and crypto companies during the period. The company invested....

Why Google Has Invested $1.5 Billion In Crypto-Focused Companies

According to a report from research firm Blockdata, Google’s parent company has been actively investing in the crypto space. The big tech giant and other major corporations in the legacy financial system have invested over $6 billion in digital asset companies from September 2021 to June 2022. Related Reading: Crypto Reacts: Arrest Of The Alleged […]

Web3 dominates venture capital interest in blockchain industry in Q2 2022

All the deals, trends, moves and investments in Q2 2022 across the blockchain landscape are contained in the latest Cointelegraph Research report. Cointelegraph Research brings an analysis of all the deals and trends from venture capital (VC) in the blockchain industry during the second quarter of 2022.When looking at the aggregate total amount invested into the crypto industry in the second quarter, it will tell one story. However, a deeper dive into the data tells another tale. From a high level, the $14.67 billion invested in Q2 is about flat with the $14.66 invested in Q1. But, the....

Mosaic Ventures ‘Sidechains Are Not a Theory’

A firm called Mosaic Ventures based in London has revealed they were a participant in the $55 million Series A financing for the company Blockstream. They also invested in the business in 2014 at a time when Bitcoin was claimed to be dying, and centralized blockchains were coming into the industry. However, the investment firm says the company is made up of “long-term believers” of the technology and it sees a lot of potential with the Blockstream business model. Mosaic Ventures was founded in 2014 by Simon Levene, Toby Coppel, and Mike Chalfen. The company states its invested across ten....