Trustatom Raises $100,000 for New Blockchain Service
Blockchain-powered smart contracts provider Trustatom has amassed an impressive $100,000 in funding to release a cryptographic due diligence service called CredyCo, built on bitcoin technology. Co-founder Yurii Rashkovskii laid down some of the basics of the project, saying: "The most important thing from our perspective is to find users for bitcoin and blockchain technology outside of the traditional and core use of bitcoin... Unlike most of the projects that are active in the space today that cater mostly to the same bitcoin community, what we try to do here is expand that and find....
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Trustatom has raised early seed funding to the tune of $100,000 with which it will launch CredyCo, a cryptographic due diligence service built on top of bitcoin's blockchain. The round was led by a group of investors that included entrepreneur Brian Cartmell and Gyft co-founder Vinny Lingham. Speaking to CoinDesk, Trustatom co-founder Yurii Rashkovskii framed the news as an early step in connecting the technology of bitcoin with "the real world". "The most important thing from our perspective is to find users for bitcoin and blockchain technology outside of the traditional and core use of....
Trustatom, a Canadian company that provides blockchain-powered smart contracts, has raised early seed funding from a group of angel investors. The company is preparing to launch an investment due diligence SaaS, called CredyCo, powered by its proprietary technology stack and the blockchain. The internet has provided a great way for parties to transact efficiently, prompting truly fascinating use cases, but the remaining key challenge is the need for mutual trust. To address this, Trustatom brings the trust mechanics that made Bitcoin possible into the mainstream.
Animoca Brands has announced the blockchain and cryptocurrency-focused firm has raised $358.8 million to bolster the non-fungible token (NFT) industry and “build the open metaverse.” The capital raise follows the firm’s previous $65 million and $138.88 million raises last year and today, Animoca Brands has an overall valuation of $5 billion.
Animoca Brands Raises $358 Million in Financing Led by Liberty City Ventures, Blockchain Company Has Pre-Money Valuation of $5 Billion
The firm Animoca Brands is a global developer utilizing popular brands,....
On Monday, the blockchain intelligence firm Elliptic announced the company has raised $60 million in a Series C financing round. Elliptic plans to leverage the capital to expand the team and “accelerate” blockchain research and development (R&D).
Elliptic Raises $60 Million to Bolster Expansion
There’s been a number of capital investments and finance injections directed at companies within the crypto ecosystem. On October 11, the blockchain surveillance company Elliptic revealed the firm has raised $60 million from strategic investors. Elliptic highlights....
Blockchain data startup Tierion has raised $1m in seed funding from several of the industry’s leading venture capital firms. The round was co-led by San Francisco-based Blockchain Capital and China-based Fenbushi Capital, which raised $50m in 2015 with the intent of investing in blockchain-based startups and projects. Digital Currency Group also participated in the round. The news comes one year after the service launched last September following a winning debut at the Consensus 2015 Makeathon. Tierion allows users to turn data from web and mobile apps into blockchain receipts that are....