Denmark-based OpenLedger secures $1.6 million seed funding
08 June 2017 | 6539 views | 0
OpenLedger Aps, based in Pandrup, Denmark, has received seed funding to the tune of 11 Million DKK ($1.6 Million USD) from a group of a group of Chinese, American and European investors, allowing four major projects managed by OpenLedger, namely eDEV.one (EDEV, JOYY), GetGame (REALITY), Apptrade (APPX), and OCASH (OCASH) to start immediate production.
This investment is a direct response to the recent OpenLedger Asian-US Tour, which led Ronny Boesing, CEO of OpenLedger, to speak at prestigious conferences in Shanghai, New York and Seoul. One of the many positive outcomes was OpenLedger successfully securing a lucrative partnership with the first public blockchain in China, ViewFin, and an agreement to have the official currency of OpenLedger (OBITS) listed on two Chinese exchanges. Furthermore, OpenLedger is adding Chinese ICOs and their tokens to the OpenLedger Decentralized Exchange, or DEX.
The OpenLedger DEX is now one of the most powerful cryptocurrency platforms, with many ITOs, ICOs, and their tokens supported by the ecosystem. Designed for high-speed transactions, the OpenLedger DEX allows users to pay ultra-low fees to trade assets in real time, and securely.
The 11 Million DKK investment will be equally spread amongst eDEV.one (EDEV, JOYY), GetGame (REALITY), Apptrade (APPX), and OCASH (OCASH). Each project is run individually and with an expert team of professionals focussed on the success of their platform.
ITOs for three of the projects listed, specifically eDEV.one (EDEV, JOYY), GetGame (REALITY), and OCASH, will be announced in the following months, and the funds raised will be invested into the development and marketing of each project individually, while simultaneously allowing investors to participate and prosper. At the end of June 2017, OpenLedger will announce three individual sharedrop snapshots for OBITS holders who hold tokens related to eDEV.one, Getgame and OCASH.
Information about each of these exciting projects and their ITOs are published online, with the OCASH website set to go live shortly, expecting over 20,000 registrations in the first month alone.