$67,950.04
-2.17%
$3,824.62
+1.53%
$86.23
-0.27%
$30.54
-1.09%
$139.21
+0.19%
$0.00
+0.02%
$33.01
+7.62%
$0.16
-4.26%
$26.30
+5.84%
$0.00
-2.08%

Upbit crypto exchange’s blockchain sister firm raises $60M By Cointelegraph




Dunamu, the operator of major South Korean cryptocurrency exchange Upbit, is progressing with blockchain development as its blockchain arm Lambda256 secured new funding.

According to a Dec. 15 announcement, Lambda256 raised 70 billion Korean won ($60 million) in a Series B round, valuing the company at over $300 million. The firm is focused on enterprise-grade chains for businesses, building on its own blockchain protocol called Luniverse.