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(Kitco News) - At a time when the majority of public-facing conversations about blockchain technology and cryptocurrencies revolve around price and the latest government regulations, some of the world's largest companies are investing billions of dollars to develop future use cases.
Data published in a recent report by the blockchain intelligence firm Blockdata shows that 40 corporations invested in blockchain-related companies between September 2021 and June 2022.
Google's parent company Alphabet ranked at the top of the list in terms of the amount invested, with $1.56 billion invested in blockchain companies during the designated time period. BlackRock and Morgan Stanley rounded out the top three with $1.17 billion and $1.1 million invested, respectively.
Public companies that are most active in...
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