Those who delve into the world of cryptocurrency and blockchain know how secure the service is. While the concept of cryptocurrency itself shook up the financial world, blockchain technology opened up a whole new avenue for new applications. The Amsterdam-based fintech Dusk Network is one such company that offers innovative financial products and services in the blockchain ecosystem. The startup has now secured over a whopping €840,000 from iFinex Inc for its project of bringing new innovative technologies to the market.
Funding to enable creation of regulated Security Token exchange
The latest funding round for Dusk Network was led by iFinex Inc and the company invested over US$1 million. With the latest funding round, the startup is poised to create a regulated Security Token exchange. When Dusk Network launches, it will be part of the first regulated security token exchange that combines the traditional financial industry with the blockchain ecosystem.