Samsung-Backed Blockchain Firm Launches in UAE After Securing $16M

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 Middle Eastern business publication Arabian Business repoted that Blocko has partnered with SEED Group, a member of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum in the UAE. Before launching in the UAE, Blocko raised a total of $16 million through two separate funding rounds. South Korea’s oldest bank, Shinhan Bank, as well as KEB Hana Bank, LB Investment and Dadam Investment are among those who participated in the funding round.The blockchain company will now bring its Aergo platform to the Middle East, looking to replicate the achieved successes in Europe and Asia.  Read more
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