In a very short stint, the Crypto sector has left its mark. The industry is the most interesting sector right now, with businesses looking to have more of its share globally. Touted to be the next internet, it becomes of significance as to who is backing this revolution? Let’s have a look.
Google’s parent company is the biggest investor in the Crypto sector. The company has invested an aggregate of $1,506 million in just 4 companies. These companies include Fireblocks, Dapper Labs, Voltage and Digital Currency Group.
With $10 trillion under management BlackRock is the World’s largest asset manager. The company is the second most investing company in the sector. BlackRock invested $1,171 million in three companies FTX, Circle, and Anchorage Digital.
- Morgan Stanley
International investment and finance company Morgan Stanley is the third biggest crypto investor with $1,110 million in investments. And that too in just two rounds of fundings. The companies include Figment and NYDIG.
Samsung has bagged the fourth spot. However, it is the most ferocious of all investors. With an aggregate funding of $979.6 million, the company has invested in 13 companies. The invested companies include Atomic Form, Sky Mavis and Bored Ape Yacht Club’s developer Yuga Labs.
- Goldman Sachs
At the fifth position is Goldman Sachs, with an aggregate investment of $698 million. The bank has invested in 5 companies. These include Certik, Coin Metrics, Elwood, Block Daemon and Anchorage Digital.
The list is followed by other giants that include BNY Mellon, PayPal, Microsoft, Commonwealth Bank and Prosus at successive places. All of these companies have kept the Crypto sector strong despite the bullish nature of the financial sector currently. You can read about the top investors in detail here.