Monday, January 17, 2022

Exclusive: Kirobo Receives Investment from Solana LATAM Fund

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Tel Aviv-based crypto startup, Kirobo has secured a strategic funding from the Solana LATAM fund, which is a regional funding arm of the Solana Foundation and the issuer and supervisor of the BRZ stablecoin, Finance Magnates realized completely.

“Solana is one the world’s foremost
 
 blockchain 
corporations, so receiving a strategic funding from them is one more sign that we’re transferring in the precise path,” stated Asaf Naim, co-founder and CEO of Kirobo.

This got here after the startup acquired $5 million in funding final May from DigiCrypts Blockchain Solutions (DigiMax), a supplier of Artificial Intelligence and crypto know-how options.

Though the sum of the newest funding has not been disclosed, it’s essential because it connects the corporate to a community of latest potential companions and traders, particularly within the LATAM area. Moreover, ties with the Solana Foundation may even assist the long run prospects of the venture.

Carlos Russo, CFO of BRZ and supervisor of the BRZ Solana Fund, stated: “Adding KIRO to our portfolio was a strategic move because we are supporting the future development of Kirobo’s solution in the Solana Ecosystem.”

Native Token Listing

Additionally, crypto
 
 alternate 
MEXC Global (previously MXC) additionally listed Kirobo’s native utility token, KIRO, giving it extra publicity to traders. This is the second centralized alternate to checklist the utility token, together with a number of different decentralized venues.

“MEXC Global is a highly-respected and popular exchange. We expect the word KIRO to become synonymous with DeFi services as the years progress, and listings like this will only help our network grow,” Naim added.

The Israeli startup additional highlighted that it’s going to proceed its efforts to checklist its utility token on different exchanges within the coming months.
Meanwhile, Kirobo continued to make developments with its blockchain product. Most lately, it launched an on-chain crypto pockets that may be built-in with decentralized finance (DeFi) companies, thus additional taking the venture closure to the DeFi ecosystem.

Tel Aviv-based crypto startup, Kirobo has secured a strategic funding from the Solana LATAM fund, which is a regional funding arm of the Solana Foundation and the issuer and supervisor of the BRZ stablecoin, Finance Magnates realized completely.

“Solana is one the world’s foremost
 
 blockchain 
corporations, so receiving a strategic funding from them is one more sign that we’re transferring in the precise path,” stated Asaf Naim, co-founder and CEO of Kirobo.

This got here after the startup acquired $5 million in funding final May from DigiCrypts Blockchain Solutions (DigiMax), a supplier of Artificial Intelligence and crypto know-how options.

Though the sum of the newest funding has not been disclosed, it’s essential because it connects the corporate to a community of latest potential companions and traders, particularly within the LATAM area. Moreover, ties with the Solana Foundation may even assist the long run prospects of the venture.

Carlos Russo, CFO of BRZ and supervisor of the BRZ Solana Fund, stated: “Adding KIRO to our portfolio was a strategic move because we are supporting the future development of Kirobo’s solution in the Solana Ecosystem.”

Native Token Listing

Additionally, crypto
 
 alternate 
MEXC Global (previously MXC) additionally listed Kirobo’s native utility token, KIRO, giving it extra publicity to traders. This is the second centralized alternate to checklist the utility token, together with a number of different decentralized venues.

“MEXC Global is a highly-respected and popular exchange. We expect the word KIRO to become synonymous with DeFi services as the years progress, and listings like this will only help our network grow,” Naim added.

The Israeli startup additional highlighted that it’s going to proceed its efforts to checklist its utility token on different exchanges within the coming months.
Meanwhile, Kirobo continued to make developments with its blockchain product. Most lately, it launched an on-chain crypto pockets that may be built-in with decentralized finance (DeFi) companies, thus additional taking the venture closure to the DeFi ecosystem.



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