KB Topic Inblockchain

Kakao Invests Undisclosed Amount in Blockchain Startup Orbs
Orbs, the Israeli blockchain startup, recently announced that it had received investment from South Korean internet giant Kakao Corp. South Korea's internet conglomerate Kakao has invested in blockchain firm Orbs via its venture arm Kakao Investments. The Israeli blockchain startup Orbs became the receiver of an undisclosed amount of funding from the Korean company. Kakao made its intentions clear earlier this year when it said it would focus on blockchain technology by establishing a specialized unit. Orbs did not disclose the details of the deal or the amount that Kakao has invested into the company.
December 14, 2018 7:29 AM


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