Indian Trade Finance Startup Raises $3.7M in Token Sale Led by Arrington XRP
Persistence has closed a $3.7 million token round led by Arrington XRP Capital and including Alameda Research, Terra and others.
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Decentralized data-indexing protocol The Graph has raised $12 million in a public sale of its native GRT token.
This announcement comes at a time during which a lot of exchanges are actively exploring blockchain technology. Bringing Bitcoin technology to the masses seems to be the primary objective for a lot of companies. uTrade, an Indian startup, will use blockchain technology for stock trade settlements. Instantaneous clearing and settlement of stock exchange trades is a significant benefit of blockchain technology in the world of finance. The blockchain seems to quickly become a favorite tool among Indian startups. Albeit uTrade is specialized in selling trading platforms, algorithms, and data....
Indian bitcoin startup Zebpay has raised $1 million in funding from several investors in the country. The funds will be used to promote the cryptocurrency in the country of over a billion people and in the setting up of a dedicated blockchain laboratory for research. Indian bitcoin wallet startup Zebpay, has successfully raised a second round of funding of $1 million for the primary goal of promoting bitcoin in India. There are no current laws in the country that deem Bitcoin trading or accepting bitcoins as an illegal act. Incidentally, India’s central bank, the Reserve Bank of India....
Dapper Labs has closed an $18 million token sale on the strength of its latest collectibles game, NBA Top Shot.