100 Biggest US Companies Have Invested In These Altcoins In The Bear Market!

Cryptocurrency The growing interest in units has attracted the attention of many companies and there has been a flow of money from the corporate side to blockchain companies.

in 2021 cryptocurrency The increasing adoption of blockchain technology has led to the recognition of the blessings that blockchain technology has to offer. Large corporate companies that want to get on this train early are many. altcoin and blockchain invested in the project.

So Who Invested Where?

Blockdata, the research arm of CB Insights, has published a report compiling the investments of the top 100 publicly traded institutional companies that have invested in blockchain companies.

The report compiled the investments of the 100 largest publicly traded companies by market capitalization between September 2021 and June 2022. This date range is also important in terms of coinciding with the harsh winter in the crypto money markets. According to the report, major institutional players preferred these companies during the bear market.

“During this time, 40 companies have invested in companies in the blockchain and crypto space. Samsung became the most active company by investing in 13 companies. This was followed by UOB with 7 investments, Citigroup with 6 investments and Goldman Sachs with 5 investments.

40 companies invested nearly $6 billion in crypto projects between September 2021 and June 2022. It is not clear how much each company invests in a project, as some rounds involve the participation of more than one investor.”

According to Blockdata’s data, the table is as follows:

Source: Blockdata

*Not Investment Advice.

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