Humanity Protocol Completes $20 Million New Round of Financing, Led by Pantera Capital and Jump Crypto
blockchain identity verification company Humanity Protocol announced on Monday that it has raised $20 million in a round of financing led by Pantera Capital and Jump Crypto, bringing its fully diluted valuation to $1.1 billion. The company is building a system that will use palm scanning to verify if online accounts belong to real users. The company plans to use the funds to launch its product more widely in the coming months. Humanity Protocol is also about to launch its own cryptocurrency, with founder Terence Kwok saying, "We are currently making final preparations to ensure a smooth launch."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Samsung challenges $520M India tax demand, joins Volkswagen in rejecting penalties
Share link:In this post: Samsung is contesting a $520 million tax demand from Indian authorities for allegedly misclassifying imports of networking equipment. The company has filed a 281-page challenge at the Customs Excise and Service Tax Appellate Tribunal in Mumbai, claiming that similar practices by Reliance Jio went unchallenged. The case follows a similar dispute involving Volkswagen, which is also contesting a $1.4 billion tax demand for misclassified imports.
Ethereum Price Prediction: Will ETH Break Out From the $1,800 Zone?
Dogecoin Price Prediction: Is DOGE Getting Ready for a Breakout Above $0.20?
Ethereum Price Outperforms BTC as Blockstream CEO, Adam Back Reacts to Vitalik’s Latest Proposal
Trending news
MoreCrypto prices
More
