INSUBCONTINENT EXCLUSIVE:
million Series A from IDG Capital, it announced today
The capital will also be used to add new features, including support for Bitcoin, EOS and other blockchains.imToken is the latest addition
world with such a sound reputation
We believe it will become a significant infrastructure for the tokenization manifesto, benefitting both the crypto economy and blockchain
The company supports 30,000 tokens, claims more than 4 million monthly active users and says it handled $35 million in pass-through
transactions last year.He tells TechCrunch the company will use its new capital to study local regulations and launch imToken 2.0
international in new markets
concentrate on countries in Africa, including Nigeria, where they already have a user base
Its expansion into the United States will happen at the same time as the rest of its international roll out.In addition to the imToken
store, a marketplace for decentralized mobile apps.In its new markets, especially the United States , imToken will face several established
competitors, including digital services MyEtherWallet, Coinbase and Ledger Nano, as well as a host of hardware wallets
He is sanguine about the competition, saying the goal of all blockchain companies is to move the technology forward and that imToken has
which means users will be able to store different assets in one of imToken wallets
Then it wants to lower the barrier for entry into blockchain tech by making it easier to manage assets across different platforms, including
peer-to-peer transactions and merchant payments, with imToken 2.0 International.
