Kuala Innovations has funded its first bitcoin industry startup.
He said Kuala was "very attracted" to the concept of frictionless micropayments.
Although Mellon declined to divulge specifics, SatoshiPay said in a blog post that Kuala Innovations had invested €160,000 ($179,341) in seed funding.
Kuala's contribution, the post said is part of a larger funding round led by blockchain-focused investment company Coinsilium.
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