Report Says Morgan Stanley, Google, Blackrock Are Pouring Billions Into Crypto And Blockchain Tech

8/31/2022 11:01:23 PM

(MENAFN- Investor Brand Network)

Corporate interest in blockchain has been on the rise in recent months despite the downturn in crypto prices. A report from cryptography analytics platform Blockdata reveals that rather than shy away from blockchain in the wake of reducing crypto prices , the world's top companies have poured billions of dollars' worth of investment into the nascent blockchain and crypto market over the past 10 months.
The Blockdata report revealed that 40 of the top 100 companies on the globe by market capitalization are reportedly investing billions of dollars into Cryptocurrency and blockchain companies, reaching a total of around $6 billion into the industry from September 2021 to June 2022. Blockdata used figures from…

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today's market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text“CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published:

CryptoCurrencyWire (CCW)
New York, New York

212.994.9818 Office

CryptoCurrencyWire is part of the InvestorBrandNetwork .

MENAFN31082022000224011066ID1104791235

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.