Anheuser-Busch InBev, the creator of Budweiser will invest in blockchain technology. This investment intends to help unbanked workers. The major brewing firm AB InBev has teamed up with BanQu through its growth and innovation wing ZX Ventures. It has funded Series A round for blockchain-as-a-service (BaaS) startup BanQu. This information comes from an official announcement. […]
Reliance Industries, an Indian conglomerate holding company, has acquired a 5.56% equity stake in Vakt Holdings Limited, a UK-based blockchain startup. The deal was finalized between the two companies for $5 million. The company has stated that the acquisition is a strategic investment that will boost its digital journey by enabling it to be a part of the blockchain enabled solution for energy markets.
Recently, the crypto exchange company, Binance has created a hype in Australia by partnering with a blockchain based travel startup TravelbyBit. The company has collaborated with this Queensland-headquartered travel startup by investing a huge amount of $ 2.5 million.
On Oct 1, the leading Korea Investment Partners (KIP) announced that it will invest in TEMCO, a blockchain startup. KIP is one of the top investors having its investment in popular firms such as Naver – Korea’s largest search engine, LINE -Japanese messaging app, and Kakao – Korean messaging giant, among others.