Tuesday, November 19, 2024
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Top firms invest US$6B in blockchain startups: Blockdata

Forty top corporations invested about US$6 billion into blockchain startups between September 2021 and June 2022, according to an analysis by blockchain data platform Blockdata. As some investments involved participation from multiple investors, Blockdata said it was not clear how much each company invested in one particular project.See related article:

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81 Of Top 100 Companies Use Blockchain Technology, Blockdata Research Shows

From just two companies — PayPal and Walt Disney — engaging in blockchain in 2014, blockchain technology adoption has grown exponentially. Now, 81 of the world’s top 100 public companies by market capitalization use blockchain technology, with 27 of them having a fully functioning live product, according to blockchain research

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CB Insights Buys Blockdata to Build Out Blockchain Data Offering

Netherlands-based Blockdata, which provides qualitative insights into the range of large enterprises using blockchain technology, has been acquired by data provider CB Insights. The financial terms of the deal were not disclosed. New York City’s CB Insights will be opening an office in Amsterdam, while Blockdata will remain a standalone product

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