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Assembly Blockchain Receives $100M Investment From VCs, Crypto Market-Maker: Report – CoinDesk

(Fabian Krause / EyeEm / Getty Images)
A group of the largest Asia-based venture capital firms and crypto hedge funds are headlining a $100 million investment to further the development of the Assembly blockchain under the IOTA network, IOTA cofounder Dominik Schiener told Reuters in an interview.
Read more: Avalanche, Layer 1 Tokens Soared in November as Ethereum Fees Drove Competition
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Michael Bellusci
Michael Bellusci is CoinDesk's crypto payments reporter.
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
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