Start-up company Tangem , a developer of smart banknotes, announced in a press release that it received funding of $ 15 million (about 1.68 billion yen) from SBI Group on the 24th of this month . With this funding, Tangem will move its office to Zug, a Swiss country called Crypto Valley.
Tangem is a start-up jointly with Andrey Kurennykh, Anselm Schmucki, former head of UBS Moscow branch.
Singapore’s Tangem issues BTC smart banknotes-CRYPTO TIMES
The company’s Tangem Card is loaded with a fixed amount of cryptocurrency, and can be used for payment or transferred to others like a debit card.
The product has already been launched and offers more than 25,000 cards for projects such as Cardano and RSK.
CEO of Andrey Kurennykh commented in the press release:
“Tangem’s major mission is to incorporate blockchain technology into people’s daily lives, which allows people who can not access traditional traditional financial systems to exchange value safely and easily. Crypto Valley’s As part, Tangem is taking a step closer to this goal with resources and partnerships. “
Article Source: Press Release
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Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/tangem-sbi/
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