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Report Says Morgan Stanley, Google, BlackRock are Pouring Billions into Crypto and Blockchain Tech

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…

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