Taiwanese cryptocurrency wallet Blocto completes Series A financing with a valuation of 80 million US dollars, causing BLT to surge nearly 100%.
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Taiwanese blockchain company portto's wallet Blocto announced today (22) that it has completed its Series A funding round with a valuation of $80 million. Investors include Mark Cuban, venture capital firm 500 Global, digital IP company IPX (formerly Line Friends), esports management company Gen.G Esports founder Kevin Chou, Dapper Labs CEO Roham Garegozlou, and Animoca Brands, among others.
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Blocto Token BLT Surges Nearly 100%
The governance token BLT issued by Blocto has seen a significant increase in value, with most of the trading volume concentrated on the BLT/BUSD trading pair on the decentralized exchange Pancake, after losing its main trading market on FTX. The token is now only available on centralized exchanges such as Gate.io and MEXC.
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