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

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....

Former Google CEO and chairman Eric Schmidt is simply impressed by the architecture that Bitcoin is built upon. He believes in the crypto. In fact, in our recent article, he reveals he’s invested “a little bit” of money into it. A video is now making the rounds in the virtual stratosphere showing the Google top […]

Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most active among the top 40 corporations. Google’s parent Alphabet firm, on the other hand, tops the category of top corporations that participated in the biggest funding rounds. 40 Corporations Invest $6 Billion According to the research firm Blockdata’s analysis of investments in blockchain and crypto startups by top corporations between September 2021 and mid-June 2022, the South Korean electronics giant Samsung was the most....

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 and Intel have concluded 37 and 16 deals respectively since 2010 and are the most active corporate investors in the fintech space, according to new findings from CB Insights. In 2014, US$1.4 billion was injected into the fintech (financial technology services) space, highlighting investors' growing appetite for the industry. This number is expected to double in 2015, says CB Insights, a service that tracks venture capital activities. While financial services firms such as Citi, MasterCard, or American Express, have all massively invested in the space on the likes of Mozido, Dynamics....