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You Won’t Believe the Utterly Ridiculous Reason Behind This Billionaire Backed Gelatos 11 Million Dollar Heist

A  illustration of a futuristic cityscape with various blockchain-based skyscrapers, each emitting different colored lights representing the flow of funds. A massive gelato cone sits atop one building, surrounded by cryptic symbols and gears, while another figure (Hilmar Orth) in the background is seen shaking hands with an avatar of Kraken's Ink.

Gelato’s $11M Funding Round: Because You Clearly Need More Money to Waste on Blockchain Stuff.

Source: cointelegraph

Gelato, a network focused on smart contract automation, has raised $11 million in a Series A+ funding round led by Hack VC, with Kraken’s anticipated blockchain, Ink, joining as a customer. The additional funding will allow Gelato to expand its platform, enabling startups and enterprises to launch their own blockchain-based applications. This latest round involves noteworthy investor groups, including Animoca Brands, IOSG Ventures and Bloccelerate VC — bringing Gelato’s total […]

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