AIKON, a B2B partner building solutions on the Open Rights Exchange (ORE) Network, has raised $10m in its Series A.
The round was led by institutional blockchain investment firm Morgan Creek Digital. Blizzard the Avalanche also joined the Series A round.
Participation also came from Up2 Opportunity Fund, Hestia Investments, and Yugen Partners, as well as follow-on investments from Mighty Capital, Alpha Edison, and Think+ Ventures. All these funds also purchased ORE Tokens in order to take a stake in the ORE Network.
This capital injection will enable AIKON to grow its team and meet rising demand for its services.
In line with the deal, Morgan Creek Capital Management CEO Mark Yusko and Morgan Creek Digital venture partner W. Scott Stornetta will join the AIKON board of directors.
AIKON is a B2B partner that builds solutions on the ORE Network, which is a blockchain that allows developers to build cross-chain solutions and is powered by the utility token, ORE Token.
The company’s...
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