9 months ago

The largest provider of mining equipment Bitmain invested an undisclosed amount in a blockchain data storage startup Lambda, according to Finance Magnates.

Earlier this month, Lambda launched the initial coin offering. Tokensale was preceded by a round of financing, in which FunCity Capital, BlockVC, BlueHill, Zhen Fund, Metropolis VC, Dfund and DATA Foundation participated.

As noted on the Lambda website, the company specializes in blockchain-based infrastructure solutions, including decentralized applications for confidential data storage that have “unlimited scalability.”