
VCs invest $20m in China's Ultrain

A group of VCs including CDC Capital, Morningside Ventures, and Draper Dragon have backed a $20 million round for Ultrain that values the Chinese blockchain technology provider at $200 million.
Danhua Capital, Sky9 Capital, Aplus Capital, Ceyuan Ventures, 8 Decimal Capital, FBG Capital, BlueRun Ventures, and Arrington XRP Capital are among the other participants. Contributing blockchain specialists...
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