Veridium Sells $5M Worth of Its Tokens to BKCM, Other VC Firms
Cryptovest
Published Sep 24, 2018 04:17AM ET
Updated Sep 24, 2018 05:21AM ET
Veridium Sells $5M Worth of Its Tokens to BKCM, Other VC Firms
Veridium Labs, a startup that leverages blockchain for the carbon credit markets, announced on Friday that several leading venture capital firms and institutional investors had acquired its tokens. The list of buyers includes Brian Kelly Capital Management, BlockTower Capital, Pink Sky Capital, and JCH Capital PTY. The VC firms invested a total of $5 million. Veridium secured the funds just before the launch of its presale planned for October 1.
According to Veridium, the group of VC firms and serial entrepreneurs support the blockchain startup as they want to speed-up innovation and help Veridium’s vision of leveraging distributed ...
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