Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: Galaxy on November 19, 2020, 10:50:33 PM

Title: Crypto-friendly Telecom Startup Raises $12 Million in Series A
Post by: Galaxy on November 19, 2020, 10:50:33 PM
OXIO isn't trying to shoehorn in cryptocurrency to impress investors. And, judging by its investment record, it doesn't have to. OXIO, a carrier-as-a-service platform that integrates elements of blockchain technology, has raised $12 million in a Series A led by Brazilian VC firm monashees and Florida-based Atlantico Capital.

The company introduced services in Mexico this year and has eyes on the US, Brazilian, and Australian markets for 2021. With $20 million in funding so far, including sizable seed investments from Multicoin Capital and FinTech Collective, the company is primed to compete in an American market with high mobile data prices.
Info link: https://decrypt.co/48468/crypto-friendly-telecom-startup-raises-12-million-series-a
Title: Re: Crypto-friendly Telecom Startup Raises $12 Million in Series A
Post by: bigcash2011 on November 21, 2020, 11:21:55 PM
Good for US, Australian and Mexican people but if this telecom company is truly based on blockchain technology then the service should be global and crypto should be the preferred option to recharge it.
Title: Re: Crypto-friendly Telecom Startup Raises $12 Million in Series A
Post by: Mexite on November 22, 2020, 06:41:59 PM
It's good to see a blockchain-based platform in the real world sector. But we don't know if there would be crypto integration to access their services. Anyway, blockchain is going mainstream.