Bluzelle raises $19.5 mln from initial coin offering
Bluzelle said it raised US$19.5 million from an initial coin offering. The Singapore company said it generated 500 million tokens and sold 165 million, or a third of the total, to investors including Kenetic Capital, Hashed, Kryptonite 1 and 8 Decimal Capital. It previously raised a US$1.5 million Series A funding last year. Bluzelle is developing a decentralized database to address blockchain storage challenges. It was founded in Canada in 2014.
22 January 2018•1 min read
