Recently, we analyzed the top 100 banks (by AUM) investing in blockchain/cryptocurrency to understand the key use cases they support and which new banks have entered the space over the past 10 months.
We also reviewed the blockchain investment activity of the top 100 public companies (by market capitalization) to see what has changed, which areas of blockchain are receiving the most attention, and which new entrants are now invest.
In this brief , we take a deep dive into blockchain investments made by these top companies between September 2021 and mid-June 2022, using funding data from CB Insights.
During this time period, 40 businesses have invested in companies in the blockchain/cryptocurrency space. Samsung was the most active, investing in 13 companies. United Overseas Bank came in second with seven investments, followed by Citigroup with six and Goldman Sachs with five.
In most cases, we cannot determine how much money these companies have invested because they have participated in financing rounds with multiple or many other investors.
However, with this data, we can look at the total amount of financing rounds they participated in.
Based on this, investors actively participating in the largest funding rounds are Alphabet ($1.506 billion in 4 rounds), Blackrock ($1.171 billion in 3 rounds), Morgan Stanley ($1.1 billion in 2 rounds), Samsung ($1.17 billion in 2 rounds) $979M in 13 rounds), Goldman Sachs ($698M in 5 rounds), Bank of New York Mellon ($690M in 3 rounds), and PayPal ($650M in 4 rounds).
The 40 companies invested around $6 billion in blockchain startups between September 2021 and June 2022. Since some financing rounds involve the participation of multiple investors, it is unclear how much each company is investing in a project.
Although not on the current list of leading investors, Mastercard is still actively involved in the integration and development of inorganic technologies. Until September 2021, Mastercard was one of the top three active investors based on the number of deals involved. But since then,…