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Blockchain Company Chrono.Tech Raises $30 Million With Participation From European Family Office
Summary: Sydney, Australia-based blockchain company Chrono.Tech has completed a $30 million financing round, with the participation of Mark Carnegie, an unnamed European family office and a well-known Australian fund manager, according to a report from Bitcoin.com. The flagship product of the Chrono suite of services, LaborX, is a freelancer platform that allows parties to connect and ...
Sydney, Australia-based blockchain company Chrono.Tech has completed a $30 million financing round, with the participation of Mark Carnegie, an unnamed European family office and a well-known Australian fund manager, according to a report from Bitcoin.com.
The flagship product of the Chrono suite of services, LaborX, is a freelancer platform that allows parties to connect and organize work by smart contract-based protocols and pay cryptocurrency when work is done. Additionally, Chrono’s TimeWarp staking program enables TIME holders to deposit their tokens into smart contracts and earn a portion of their revenue from Chrono’s services, with over 50% of TIME staked in TimeWarp contracts.
The new funding will go forward to develop the Chrono.Tech ecosystem, improve and expand the product, and LaborX will launch new features to complement existing digital contracts, custody, dispute resolution modules, providing users with higher security, lower cost, and better accessibility.
By Mary Liu
Tags: Blockchain,Chrono.Tech,LaborX,Mark Carnegie
Link: Blockchain Company Chrono.Tech Raises $30 Million With Participation From European Family Office [Copy]
