Colu Raises $9.6 Million to Promote Blockchain-Based Local Currencies
Tel Aviv-based blockchain startup Colu has raised $9.6m amid a shift in its business model to local currency issuance.
Colu
Blockchain startup Colu has secured $14.5 million in new funding from a major business group in Israel.
Israel-based blockchain firm Colu has launched a digital currency for shoppers and small businesses in east London.
The blockchain startup that supported local economies will repurchase approximately 54 million tokens from its ICO sale.
Colu is open-sourcing its banking infrastructure known as Bankbox and becoming "blockchain agnostic" to ease adoption among cryptocurrency issuers.
Colored coins over Lightning? A demo mash-up of the two experimental bitcoin technologies went live today.
Colu Launches Beta Version of Digital Asset Platform
Israel-based colored coins startup Colu has launched the beta version of its developer platform. Based on bitcoin’s blockchain technology, the platform will enable developers and individuals to register and exchange digital assets. Additionally, Colu announced its integration with Revelator, a music business management platform. Amos Meiri, Colu CEO and co-founder, said in a statement: “The Colu team has […]
