Blockchain Startup Orbs Receives Investment From South Korean Chat Giant Kakao

Blockchain, Investing | December 14, 2018 By:

Kakao Investment, the venture arm of South Korean internet giant Kakao, has invested an undisclosed ammount in Israeli blockchain startup Orbs.

Orbs, founded by Tal Kol, Uriel Peled and Daniel Peled, is building a universal blockchain productivity layer. The Orbs project envisions complementing the blockchain standard of ethereum by functioning as a second layer hybrid.