Asia Digest: China’s LendChain secures fresh funds; S Korea’s SFC backs Aivita

Blockchain/Bitcon. Photo: Bloomberg

Global blockchain firms have invested tens of millions of RMB into Chinese distributed digital assets platform LendChain while South Korean investor SFC poured $15 million into biotech startup Aivita Biomedical.

China’s LendChain secures fresh funds from blockchain firms

LendChain, a distributed cryptocurrency financial services platform, has reportedly raised fresh investments from Chinese blockchain company GX Chain, Sydney-based blockchain firm Bitpei, Beijing-based investment fund PreAngle, Fission Capital, and others.

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