Bitmain Backs Blockchain Data Storage Firm Lambda
Cryptovest
Published Aug 19, 2018 05:17PM ET
Updated Aug 19, 2018 06:20PM ET
Bitmain Backs Blockchain Data Storage Firm Lambda
Bitmain, the world’s largest cryptocurrency mining equipment producer, has invested an undisclosed sum in the blockchain data storage startup Lambda.
According to a press release issued on Friday, the funding will support Lambda’s further production of secure blockchain-based infrastructure and decentralized applications (DApps).
“Bitmain has demonstrated its commitment to expanding strong, DApp blockchain companies such as Lambda,”
said Lambda CEO Xiaoyang.
“This investment from a global industry leader is a significant endorsement and recognition of Lambda’s longstanding dedication in creating a world-class blockchain-based storage solution.”
Earlier this month, Lambda launched its own initial coin offering (ICO) following the completion of a private sale. The company ...
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