Japan's largest messaging application LINE created a new corporate token investment fund with a capital of $ 1 million for new companies in the blockchain and crypto money industry.
More than 600 million registered users
Currently operating under the name Bitbox LINE operates a $ 10 million capital commitment which has more than 200 million active users around the world and has announced that it entered the crypto money market in Japan earlier this year. ] Unblock Ventures announced the launch of a new venture capital fund with its subsidiary. With this new project that LINE has set as its goal, it will invest in blockchain initiatives to enable the development and adoption of crypto money and blockchain technologies.
The company also announced the addition of TRX - TRON to Bitbox. TRON is also the first crypto coin project to receive green light when Bitbox's listing committee is overhauled.
Bitbox's TRX support has led to a 10% increase in the price of crypto paran within 24 hours.
Source:CCN
The post Japanese Messaging Practice LINE will build a $ 10 Million Dollars Token Venture Fund appeared first on Koin Bulletin.
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Steemit: @engindagli
Awesome im a user with line they have a great product. Thanks for the post
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