SettleMint, the blockchain application development platform for the public and private sectors, has acquired $16 million in Series A funding. A venture capital business from the UK called Molten Ventures took part in the funding.
Along with current investor Medici Ventures, L.P., new investors co-led by OTB Ventures, Fujitsu Ventures, Allusion, and Bloccelerate also participated in the investment round.
SettleMint has made a name for itself as the platform that defines the category for developing blockchain applications for businesses. Leading banks, financial services companies, manufacturers, global retailers, and public sector innovators all have confidence in SettleMint.
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