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Orbs, an Israeli startup developing a hybrid blockchain complementing and scaling base-layer protocols such as Ethereum, has raised a “seven-figure” US dollar investment from Kakao Investment, the venture arm of the leading South Korean Internet conglomerate Kakao. Orbs said on Thursday that the new capital will be used to further the protocol’s development and growth. […]

The post Israeli Startup Orbs Raises “7-Figure” Investment from S. Korea Internet Firm Kakao appeared first on Coinjournal.

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