BALI, Indonesia, June 21, 2022 /PRNewswire/ -- Ekta, one of the first Layer-1 blockchain companies that bridges real world physical and tangible assets to blockchain has secured $60m in an investment commitment despite a downturn in the market. With this investment commitment from GEM Digital Limited (GEM), Ekta is set to continue building its ecosystem of platforms and products that connect real world utility and value to end users.
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Ekta started in 2021 in the midst of COVID as a response to the economic crisis stemming from the global pandemic. Headquartered in Bali, Indonesia, the founding team saw an opportunity to decentralize real world assets through blockchain technology and offer streamlined access to displaced communities, especially in Ekta's home region of Southeast Asia.
"We're honored to have GEM in the Ekta family as we share a similar vision of how blockchain technology must evolve to truly make an impact on the lives of...
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