Google ploughs $1.5 billion into crypto and blockchain companies

Published by
City AM

By Darren Parkin Google has been quietly shovelling a massive $1.5 billion into cryptocurrency and blockchain companies for almost a year, data from an intelligence firm has revealed. A research report by Blockdata shows the search engine’s parent company – Alphabet – has been showering blockchain and crypto projects with cash since September 2021. The massive sum was shared between Dapper Labs, Fireblocks, Digital Currency Group and Voltage. Blockdata’s report also showed that South Korea-based Samsung pumped $1 billion dollars into 13 blockchain businesses, while Morgan Stanley and BlackRock…

Read More

See also  Republicans are on the verge of winning a House seat in 1 of the most Democratic states

Leave a Reply