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Goldman Sachs and Citi........ Among Most Active Corporate Investors in Blockchain

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A recent research by CB Insights show that major financial services companies and major banks were the first corporate adopters of the Blockchain technology.

Global financial services firms like Goldman Sachs, Google and Citi are among the top five most active corporate investors in Blockchain technology. The companies are behind the Japanese group SBI Holdings, technology firm Google, and US-based online retailer Overstock.com.

Fireinthebone gathered that  "Big banks and financial services firms were the first corporate players to make direct Blockchain investments en masse - unsurprising, given how Bitcoin’s underlying technology lends itself (both technically and in popular thought) to financial services.”

According to the report, investment has continued to grow with 91 major companies investing in Blockchain technology as of mid-October 2017. This number is already near the total number of venture capital investments, which has 95 active investors. Of the corporate investors, over 50 are global financial services companies.

The report also showed that the 10 biggest banks in the US have collectively poured a total of $267 million into the technology. It also revealed that the total corporate investment in Blockchain so far in 2017 already reached $327 mln.

CB Insights focuses on the analysis of the various developments in the financial markets to determine the performance of various companies, as well as the emerging trends in the markets. It also monitors private companies, investments, and acquisitions. 

Friend, Jesus came looking for you. Give your heart to Him, Love the Lord with all your heart, strength and might.  Love your neighbour as yourself, hold no offence, no bitterness - the Lord is near you to help you!


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