Chinese Startup Seeking to Be a Major Blockchain Infrastructure Raised Over $2 mln
The ICO crowdfunding of a Blockchain decentralised platform for smart properties and digital identities under the MIT licenses agreement closed on September 5 far exceeding the set target. The target for Shanghai-based Metaverse was to raise RMB10m but it closed at RMB14.7m (over $2 million), which, according to Red Li, the moderator of 8btc, is an indication of the hunger the market has had for the pitch. Li said via Skype: “Metaverse ICO closed on our crowdfunding site at around 15m RMB yesterday. Metaverse is ambitious in building a web of smart properties. Visions of the public....
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New York-based blockchain startup Axoni has raised $18m in a new funding. The Series A round was led by Wells Fargo and Euclid Opportunities, a fintech investment firm owned by financial services company ICAP. Goldman Sachs, JP Morgan, Thomson Reuters, Andreessen Horowitz, Digital Currency Group, FinTech Collective and F-Prime Capital Partners also took part in the round. Axoni is one of a number of startups in the blockchain and distributed ledger space seeking to provide services to major financial firms. In the past few months, the startup has tested smart contract and data management....
Shanghai-based blockchain startup Antshares has raised over $4.5 million a crowdsale, enabling it to complete the first ever open-source blockchain project in China. Antshares Blockchain, an open-source blockchain project has raised over $4.5 million in a crowd sale. The funds will see the startup complete the development of its blockchain platform under what it deems as an “Onchain universal blockchain” framework. Adopters will see the platform enable them to digitize, record and track physical goods and assets. The open-source blockchain will be scalable across several industries,....
The R3 blockchain consortium continues to attract attention in the financial world, as they have welcomed their first Chinese member in the form of Ping An Group. This partnership has nothing to do with the consortium seeking US$200m in additional funding, though. In a rather surprising turn of events, the R3 blockchain consortium added its first Chinese....