The Largest Crypto Investments in History in 2024
The year 2024 saw the following record investments in cryptocurrencies:
1. Blackrock invested $1.5 billion in Bitcoin trusts and cryptocurrency ETFs after receiving regulatory approval.
2. The George Soros Foundation has invested $1 billion in cryptocurrency projects, including Ethereum, Polkadot and Cosmos.
3. The Saudi sovereign wealth fund Public Investment Fund invested $3 billion in cryptocurrency and blockchain startups.
4. The largest hedge fund Bridgewater Associates allocated $1.5 billion to purchase bitcoins and create its own crypto fund.
5. Investment bank JPMorgan launched a $1 billion cryptocurrency fund for institutional clients.
These unprecedented investments from traditional finance giants signal the growing legitimacy of cryptocurrencies and their integration into the global financial system in 2024.
