Argentine Ripio cryptocurrency startup has raised $31 million in private presale tokens RCN, reported CoinDesk.

“We are very pleased that in the course of presales, our company was supported by both the leaders of the blockchain-industry and private investors from around the world,” said CEO Sebastian Serrano Ripio.

The developers claim that the project was interested investors from around the world, including Russia, South Korea and Canada. The number of investors appear Ripio FBG Capital, Maple Ventures and Blacktower Capital.

Investments involved in the creation of a network of Ripio Credit Network that unites borrowers, lenders and guarantors. Borrowers and lenders interact through based on Ethereum tokens RCN. The guarantor has committed to provide credit transactions for forecasting return on investment, debt management in the country of residence of the borrower and receiving the money on a debt obligation in the event of default.

The launch of Ripio Credit Network was announced in September of this year. In January, the Argentine startup, raised $1.9 million investment, after which it was rebranded with BitPagos Ripio on. Then, the project has invested venture capital funds Venture Huiyin Blockchain Boost VC, Digital Currency Group and Draper VC.

As reported, last week the Australian startup Power blockchain Ledger attracted investments of $34 million on ICO.

See also: In France developed rules for the regulation of sales of tokens on ICO




Argentine startup raised $31 million pre-ICO 12.10.2017

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