Samsung has been identified as the most active investor in blockchain related companies, participating in 13 funding rounds between Sep 2021 and Jun 2022.
The tech company was revealed to have participated in funding rounds for 13 companies, including climate tech venture Flowcarbon, Bored Apes Yacht Club issuer Yuga Labs, blockchain gaming company Animoca Brands, and Axie Infinity owner Sky Mavis.
The corporation is likely to have done most of its investing efforts through Samsung Next, a multifaceted innovation group within Samsung Electronics, investing in blockchain, artificial intelligence, and the Metaverse.
Other notable corporations active in the blockchain investment space include Google parent company Alphabet, and financial institutions including BlackRock, Morgan Stanley, and Goldman Sachs.
Alphabet participated in funding rounds for companies including Fireblocks, Dapper Labs, Voltage, and Digital Currency Group, which ended up raising $1.5 billion in total.