LINE’s Blockchain Venture Fund, Unblock Ventures, Joined Airbloc As A Strategic Investor
LINE Corporation is one of the first publicly traded corporations to formalize token investments through a corporate fund.
Through Unblock Ventures, LINE aims to further boost the development and adoption of cryptocurrencies and blockchain technology by investing in blockchain-enabled companies.
The inclusion of LINE’s blockchain venture fund further adds credence and legitimacy to Airbloc’s superior technology and drive towards mass adoption.
Airbloc Protocol is pleased to have Unblock Ventures as our strategic investor!
More About Unblock Corporation
Based in Korea, Unblock Corporation is a subsidiary of LINE Plus Corporation, specializing in blockchain technology. The company is tasked with designing a token economy, performing market research on cryptocurrencies, and developing an accelerator program.
More About LINE Corporation
Based in Japan, LINE Corporation (NYSE:LN/TSE:3938) is dedicated to the mission of “Closing the Distance,” bringing together information, services and people. The LINE messaging app launched in June 2011 and since then has grown into a diverse, global ecosystem that includes AI technology, fintech and more.
LINE has grown into a global service used by millions around the world. Today, it’s more than a simple mobile messenger, having evolved into a smart portal that provides comprehensive solutions for all aspects of our users’ lives.
Source: https://www.coindesk.com/messaging-giant-line-launches-10-million-token-venture-fund/
