According to a blog published and updated by Blockdata, South Korean tech giant Samsung has been revealed as the most active blockchain-related company investor, participating in 13 funding rounds between September 2021 and June 2022. These companies include climate tech venture Flowcarbon, Bored Apes Yacht Club issuer Yuga Labs, Animoca Brands gaming company Animoca Brands, and Axie Infinity owner Sky Mavis.
The corporation has probably funneled the majority of its investing through Samsung Next, which is an innovation group that operates within Samsung Electronics. They invest in fields such as blockchain, artificial intelligence, and the Metaverse.
However, the paper does not provide information on how much each blockchain firm was valued by Google. The total amount of financing rounds for the 13 companies combined was $979.26 million, according to the article.
Google parent company Alphabet and financial firms including BlackRock, Morgan Stanley, and Goldman Sachs are among the other notable businesses engaging in blockchain investment. While Google has invested in a handful of Blockchain startups, including Blockstream and Chainlink, the company has funneled only a minor amount of that capital.
The top 40 companies have invested an estimated $6 billion in blockchain startups over the course of the last year and a half, according to Blockdata.