Iomob Secures Investment to Advance the Development of its Blockchain to Power the "Internet of Mobility"
BARCELONA, Spain, May 30, 2022 /PRNewswire/ -- Iomob, the blockchain company pioneering the development of a decentralized protocol for the world's first mobility marketplace network and token, announced today the completion of an investment from Cypher Capital, an award-winning, blockchain-focused venture capital firm based in Dubai. The investment will be used to bolster the development of Iomob's blockchain architecture.
Iomob's application and world-class "Journey Planner" eases and improves intermodal mobility by tapping into 7,000 taxi fleets, micro-mobility in more than 270 cities, thousands of parking spaces, and 480+ public transit feeds.
"We are thrilled to work with Cypher Capital, one of the most recognized and respected providers of capital dedicated to the construction of blockchain infrastructure, alongside a number of notable investors in Iomob," said Boyd Cohen,...
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