Layer One Blockchain Startup 5ire Raised $100 Million, Joins Unicorn Club
Level One blockchain network, 5ire, has joined the unicorn club after raising $100 million at a valuation of $1.5 billion in Series A round. It received the funding from UK-based conglomerate SRAM & MRAM Group which made 5ire India’s 105th unicorn. 5ire which is a blockchain company that was founded in August last year, is […]
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Startups powered by Bitcoin and Blockchain technology raised $290 million during the first six months of this year, resembling the dot-com bubble of the late 1990s. According to a report by Juniper Research, venture capital investment raised by companies employing either Blockchain technology, or Bitcoin directly, amounted to more than a quarter of a billion dollars. About a third of this was raised by three companies: Circle, a social payment provider, which raised $60 million; Distributed Asset Holdings, a distributed ledger solutions provider, which raised $50 million; and, of course,....
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