Chrono․Tech Attracts $30 million Investment
PRESS RELEASE. Australian asset manager Mark Carnegie and a European Family Office have recently taken stakes in the company, totalling around $30 million, as Chrono’s ecosystem soared in activity and value over the course of 2021. The growth of the crypto market and blockchain sector has been nothing short of sensational over the course of 2020 and 2021, but Sydney blockchain company Chrono.Tech has enjoyed a particularly impressive run. Chrono’s suite of blockchain-based solutions for the HR and recruitment industry have attracted large numbers of new users as COVID-19....
Related News
Although it remains to see what shape the nascent Metaverse will take, the government of South Korea has become an early investor in it. The move can trigger other states to invest in the technology that may appear at a center stage in the future. The investment comes under the state’s newly launched program, Digital […]
After Samsung’s official release of its own metaverse service My House on Jan. 6, the company has exemplified huge success on the platform, attracting more than 4 million visitors in less than a month. A collaboration with Naver’s 3D avatar platform Zepeto, My House was launched at CES 2022, an annual tech show, where the […]
Cryptocurrency portfolio tracking platform CoinTracker raises $100 million in funding. The firm recently made this news to the public on 27th January. Investments derived by tech-tycoons and institutional investors have put the firm’s net worth to $1.3 billion. Crypto-oriented businesses have been gaining significant traction even in the bear market. This shows that investors are […]
The founders of Panama-based derivatives exchange Deribit have announced a $2.5 million investment in Attrace, a blockchain project set to launch the world’s first referral layer for the tokenized economy. The cross-chain platform will allow anyone marketing or promoting tokenized assets to earn a commission for their efforts, creating a harmonized ecosystem for referrals. Since […]
Meitu was one among many public companies that purchased Bitcoin to hold as a treasury reserve during the peak of the bull run last year and now joins the list of companies that have suffered heavily due to the bear market. Hong Kong tech giant Meitu made headlines in April last year after it reported nearly $100 million in crypto holdings. However, with the advent of the bear market, the tech firm has lost nearly half of the valuation of its crypto holdings.According to a local media report, Meitu reported an impairment loss of over 300 million yuan, approximately $43.4 million, on their....