Private Blockchain Company Raises $1.2 Million
A blockchain startup that will enable the purchase of digital tokens for cash has raised $1.2 million in equity financing. Safe Cash Payment Technology (SCPT), as the startup is called, aims to amalgamate the traditional banking protocols with the Bitcoin-led digital currency systems. The service briefly involves banks in the process of selling its native digital currencies by appointing them the role of distributors. Customers only need to visit these banks and purchase the digital tokens in exchange for cash. Though a highly centralized system, SCPT ensures its protocol to be the easiest....
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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....
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PRESS RELEASE. The next-generation NFT Infrastructure – Label Foundation has announced the successful completion of its private sale round. Supported by many leading VCs and famous Grammy-winning artists, the NFT platform raised $1.0 million during the private sale that generated major interest from top investors and venture capitalists in the finance and blockchain industries.
A major milestone for Label Foundation
The private sale round was led by HG ventures and backed by some of the leading venture capitals and institutions in the blockchain sphere, such....