UTC-05:00,Tuesday , June 25th 2019

Napster Founder's IoT Startup Is Adding Tokens With $15 Million Round Led By USV, Multicoin

12:24 Wednesday , June 12th 2019
Citing information from CoinDesk, an internet-of-things (IoT) startup founded in 2013 is adding tokens to its business model with the backing of two of crypto's best-known funders.
Helium announced on June 12 about a $15 million Series C co-led by Union Square Ventures and Multicoin Capital. Investors will acquire equity in Helium as well as a share of the tokens that will accrue to the company over the next several years as they are minted, after its bespoke blockchain goes live, according to a spokesperson.
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