BLOCKSMITH completed angel round financing, SBI Group and others participated in the investment
Web3 technology company BLOCKSMITH announced that it has successfully completed its angel round of financing, attracting investment from SBI Group, Headline Asia, J-CAM Corporation, and others. Previously, the company's 100% equity was held by its parent company KLab Inc. and founder Tetsuya Sanada. This is the company's first external funding, and this financing is to strengthen its financial situation and prepare for listing. The funds raised will be used for product development, research, and other aspects.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Visionary or 'financial comedy'? Market participants weigh MicroStrategy's stock premium amid bitcoin buying spree
MicroStrategy, with a market cap of around $85 billion, currently holds 331,200 bitcoin worth about $30 billion.The stock’s 440% year-to-date surge has baffled some financial pundits, while others have cheered its corporate strategy.
Congress’s top priorities this lame duck session
Here’s a look at what lawmakers are most focused on in these final weeks of the 118th Congress
First-ever Dogecoin ETP debuts in Nordics as Elon Musk boosts interest in the crypto asset
BTC breaks through $94,000