Market intelligence platform Blockdata has identified Samsung as the most active investor in blockchain over the past year.
The Korean tech giant participated in thirteen funding rounds from September 2021 to June 2022 for companies including Bored Apes Yacht Club developer Yuga Labs, Axie Infinity owner Sky Mavis, and blockchain gaming company Animoca Brands.
Most of the corportation’s investments came from Samsung Next, the innovation arm of Samsung Electronics that is focused on blockchain, AI, and the Metaverse.
In a blog post, Blockdata acknowledged that: “We cannot determine how much money these corporations have invested, as they participate in funding rounds with multiple or many other investors.
“As a proxy of this, we can look at the total funding amounts of the rounds they participated in.”
The total size of the thirteen funding rounds Samsung participated in aggregated to $979 million (829m).
Corporations such as Google’s parent company, Alphabet, and financial firms...
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