Concordium Raises $36 Million to Launch MainNet by June.
Concordium, a privacy-focused blockchain, has just completed its fourth funding round in which the firm raised $36 million; this pushed the valuation of the blockchain firm to around $1.5 billion. The funding round was focused on the Private Placement of its cryptocurrency GTU. The raised capital would be used to expand the works of the […]
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Privacy-centric blockchain, Concordium has concluded the fourth private sale of its GTU tokens to fund further development of its public and permissionless compliance-ready solutions. In total, the private placement rounds have secured Concordium, which is run by a team of Danish innovators, a capital injection of $36 million. The latest financing round values the company […]
Concordium, the enterprise blockchain focused on delivering DLT to businesses at scale, has launched its third testnet. As the project approaches its mainnet release, an incentive program has also been created, promising to reward developers and community members who participate in Concordium’s third testnet of 2020. On October 6, the latest testnet went live, with […]
Crypto and blockchain industries need to play by the rules to realize their full potential, Concordium CEO says. The anonymity of Bitcoin (BTC) and other cryptocurrencies is a hot topic in the crypto space. While the transactions are open to track in a public blockchain, it is challenging to link a transaction with a real-life person in many use cases. As an identity-centric platform, Concordium takes a different direction by offering complete transparency.“The time has come for the blockchain industry to respect the general rules of society,” Concordium chairman Lars Seier Christensen....
On August 31, 2021, Offchain Labs announced the official launch of Arbitrum One mainnet and further detailed that the company has raised $120 million in funding. The Series B financing led by Lightspeed Venture Partners gives the firm a $1.2 billion valuation. Arbitrum One Mainnet Is Now Live, Offchain Labs Raises $120 Million in Funding The highly anticipated Arbitrum One mainnet launch has been revealed by the firm Offchain Labs and the startup also detailed the company has raised $120 million in financing. Bitcoin.com News has written about the Arbitrum One Layer-2 scaling solution on a....
XinFin has rolled out stupendously after its Mainnet launch on June 01, 2019. Notably, it’s been two years since its mainnet launch. With the mainnet launch, XDCe has been swapped to XDC token. It is expected the trading volume to go high with the conversion. According to CoinGecko, the XDC price is $0.058 with a […]