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International Blockchain Monetary Reserve Provides $3.48 Million In Funding For ARCC Currency Reserve

Roland James

Summary: The International Blockchain Monetary Reserve (IBMR) has reportedly raised $3.48 million as an investment seed into the Asia Reserve Currency Coin's (ARCC) currency reserve, according to Cointelegraph. The reserve holds a plethora of cryptocurrencies that includes Algorand (ALGO), Bitcoin (BTC), and Binance Coin (BNB) as well as 700,000 U.S. dollars in seed investments for United ...

The International Blockchain Monetary Reserve (IBMR) has reportedly raised $3.48 million as an investment seed into the Asia Reserve Currency Coin's (ARCC) currency reserve, according to Cointelegraph.

The reserve holds a plethora of cryptocurrencies that includes Algorand (ALGO), Bitcoin (BTC), and Binance Coin (BNB) as well as 700,000 U.S. dollars in seed investments for United States-based tech startup companies. These assets are what back the value for the ARCC token.

By Roland James

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