Kakao's Ground X Raised $90M in Private ICO, Set to Get Another $90M Starting Today

Photo: KaKao Ground X, the crypto subsidiary of Korea’s largest mobile platform Kakao, has raised $90 million in a private token sale. The company is planning to double the figure in another round that starts on March 12. Ground X to Foster Blockchain Adoption The idea to create Kakao’s blockchain subsidiary appeared last March. The giant was also…

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Kakao’s Blockchain Subsidiary Ground X Raises $90M USD In Private Coin Offering

Ground X, the blockchain subsidiary of South Korean chat giant Kakao, has raised $90 million in a private coin offering. Established in March 2018, Ground X developed a blockchain platform, called Klaytn, the provides an enterprise-friendly development environment, optimized computation speed and scalability, as well as UX / UI that is convenient for general users….

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