To everyone saying firms lost interest in crypto. The big players have already enter
#1
To everyone saying firms lost interest in crypto. The big players have already enter

<!-- SC_OFF --><div class="md"><p>This is a list of companies that invested heavily in crypto in only 2021:</p> <p>In February 2021, Twitter CEO Jack Dorsey announced that the social media giant would start accepting Bitcoin as a form of payment for its platform's API access.</p> <p>In March 2021, Visa announced that it was working on a pilot program to use USDC, a stablecoin pegged to the US dollar, to settle transactions on its network.</p> <p>In April 2021, PayPal announced that it was launching a new service allowing customers to buy, hold, and sell various cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. In May 2021, </p> <p>Tesla announced that it had invested $1.5 billion in Bitcoin and would soon start accepting it as a form of payment for its electric vehicles.</p> <p>In June 2021, Binance, one of the largest cryptocurrency exchanges in the world, announced that it was launching Binance Coin (BNB) on the Ethereum blockchain</p> <p>In February 2021, MicroStrategy announced that it had invested $1.03 billion in Bitcoin.</p> <p>In March 2021, Square, a payments company led by Jack Dorsey, announced that it had invested $170 million in Bitcoin.</p> <p>In April 2021, CoinShares, a digital asset investment company, announced that it had raised $200 million for its Bitcoin exchange-traded product.</p> <p>In May 2021, Meitu, a Chinese mobile app developer, announced that it had invested $40 million in Ethereum and $10 million in Bitcoin</p> <p>In June 2021, NYDIG, a digital asset investment firm announced that it had raised $200 million in a funding round led by Morgan Stanley.</p> <p>In July 2021, Ruffer Investment Company, an investment management firm, announced that it had invested $735 million in Bitcoin, representing 2.5% of its total assets under management.</p> <p>In August 2021, Guggenheim Partners, a financial services firm, filed paperwork with the SEC to invest up to 10% of its Macro Opportunities Fund in Bitcoin via the Grayscale Bitcoin Trust.</p> <p>In September 2021, Square, a payments company, announced that it had invested an additional $50 million in Bitcoin, bringing its total investment to $220 million.</p> <p>In October 2021, MassMutual, a mutual life insurance company, announced that it had invested $100 million in Bitcoin through the NYDIG Bitcoin Trust. In November 2021, Square, a payments company, announced that it has invested an additional $170 million in Bitcoin, bringing its total investment to $390 million.</p> <p>In December 2021, Fidelity, an investment management firm, announced that it had launched a new Bitcoin fund for institutional investors, which would allow them to gain exposure to the cryptocurrency without having to hold it directly.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Zein313"> /u/Zein313 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10nbhys/to_everyone_saying_firms_lost_interest_in_crypto/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10nbhys/to_everyone_saying_firms_lost_interest_in_crypto/">[comments]</a></span>
Reply


Possibly Related Threads…
Thread Author Replies Views Last Post
  Crypto Biz: PayPal’s stablecoin goes live, Bitstamp seeks capital, and Coinbase’ Dato 0 183 08-12-2023, 06:50 AM
Last Post: Dato
  Troubled Crypto Custodian Prime Trust Might Cut 75% of Jobs: Report Andy 0 259 08-11-2023, 08:10 PM
Last Post: Andy
  5 things crypto must get right for mainstream adoption to happen Dato 0 179 08-11-2023, 08:10 PM
Last Post: Dato
  TradFi shifts perspectives on crypto assets Dato 0 183 08-11-2023, 08:10 PM
Last Post: Dato
  Bitcoin futures open interest at 2023 high while BTC trading volume at yearly low ? Dato 0 104 08-11-2023, 08:10 PM
Last Post: Dato



Users browsing this thread: 1 Guest(s)