By Pramugdha Mamgain
The JV has initiated one billion SIX tokens, each valued at 10 US cents, and is targeting to raise nearly $43 million via ICO.
The funding round comes after Bluzelle’s $19.5-million initial coin offering (ICO) in January. The ICO saw the company sell a third of its 500 million tokens to investors including Kenetic Capital, Hashed, Kryptonite 1 and 8 Decimal Capital.
Google has invested in Chinese startups, forged a patent alliance with Tencent Holdings Ltd. and is pushing its TensorFlow AI tools in the country
Horizon Robotics is an example of China’s resolve to move up the manufacturing value chain by focusing less on commodity smartphones and TVs, and more on sophisticated semiconductors and AI that can help cars drive themselves or spaceships land on the moon.
Darren Wang’s OwlTing has rolled out a system to establish the provenance of stuff: hotel bookings, or pigs from birth to market.
Bitcoin sank 4.4% to $8,506 on Thursday after Japan’s Financial Services Agency was said to be planning to tell Binance, the trading venue founded by Zhao Changpeng, to stop operating in the country without a license.
Paypal CEO Dan Schulman says blockchain will be the more powerful part of the landscape, and that cryptocurrencies are “just one application.”
Qualified accredited investors will be able to put money into Bitcoin Cash, Ether, Litecoin and Ripple, the investment firm said.
The funding will be used to drive expansion for the chat app across Asia
Nissan Motor Co. may get a boost from a deepening relationship with Japan’s biggest trading house as access to battery materials becomes a priority amid the industry’s push into electric vehicles.