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Public firms invest $6bn in blockchain industry, says Blockdata




Google’s parent company Alphabet has become the top investor in the blockchain industry, according to research on the blockchain investment activities of the world’s top 100 listed companies by market capitalization released by the blockchain market intelligence agency Blockdata.

Blockchain.news reports that since June 2021, a total of $1.56 billion from Alphabet was injected into the cryptocurrency industry.

During this time period, a total of 40 public companies invested in companies in the blockchain/crypto space, with an investment amount of approximately $6 billion.

Alphabet has a total of four rounds, namely digital asset custody platform Fireblocks, Web3 game company Dapper Labs, Bitcoin infrastructure tool Voltage and venture capital company Digital Currency Group, and has invested a total of $1.56 billion US in blockchain companies.

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