VCs back Singapore's Bluzelle in $19.5m ICO
A group of venture capital firms specializing in blockchain technologies, including Hong Kong’s Kenetic Capital, has joined a $19.5 million initial coin offering (ICO) investment in Singapore-based database provider Bluzelle.
Other participants included US-based Kryptonite1 and US-based 8 Decimal Capital. The ICO, which entails the sale of Bluzelle business exposure rights in the form of digitized tokens, was fully subscribed...
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