Bitmain Continues Investment Spree with Blockchain Data Storage Firm

[kreslik.news]

Chinese Bitcoin mining giant Bitmain Technologies has invested an undisclosed amount in Blockchain data storage company Lambda. The funding round propels Lambda into crypto-linked companies that received investments from Bitmain as part of its plans to expand and diversify its circle of influence in the nascent sector.

Lambda has already launched its own ICO earlier this month after completion of its private sale which included funding from FunCity Capital, BlockVC, BlueHill, Zhen Fund, Metropolis VC, Dfund, DATA Foundation and more.

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The startup uses the blockchain technology to provide decentralized applications data ... (read more)