Singapore: Morpheus Labs raises funds at $2m valuation, plans $25m ICO

Cryptocurrency mining machines sit in operating racks at the home of Dmitry Gutov, a Russian cryptocurrency 'miner,' in Krasnogorsk, Russia, on Thursday, Sept. 7, 2017. Photographer: Andrey Rudakov/Bloomberg

Morpheus Labs, a blockchain-platform-as-a-service startup, has raised an undisclosed sum in funding from a Chinese angel investor at a valuation of $2 million.

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