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Eligma Raises Further €4 Million Fairness Funding at €50 Million Valuation

01/08/2021
Eligma Raises Additional €4 Million Equity Investment at €50 Million Valuation

PRESS RELEASE. Crypto funds startup Eligma has introduced it just lately accomplished a brand new funding spherical of €4 million at a €50 million valuation. The newest funding was funded by Roger Ver via Bitcoin.com, and was primarily initiated as a result of Eligma’s ongoing efforts to adjust to any and all laws.

This strategy to laws has made it doable for Eligma to attach with the most important processors on the planet and, via such partnerships, supply a novel mixed answer of processing any funds (card funds, different digital funds and naturally crypto funds). Eligma is now on the brink of revolutionizing the fee expertise in offline retail, the place any further {hardware} will not be required.

Bitcoin.com and Eligma share the widespread aim of bringing cryptocurrencies into the mainstream and revolutionizing the world of funds with the benefits of the digital age. The Eligma firm has been acknowledged as one of many world’s most promising startups on this discipline. With the power to course of any form of fee, it could possibly now additionally begin establishing a tokenomics mannequin that isn’t solely linked to crypto funds, but additionally to numerous conventional funds (besides money). On this means, Eligma may convert part of the cardboard and digital fee charges into the GoC token and thus obtain a transition of conventional cash into crypto. Extra on this matter shall be revealed within the upcoming weeks.

“The brand new holistic expertise will carry the world of funds to an entire new degree, the place customers will have the ability to use numerous quick (and sometimes contactless) fee strategies, and the place retailers will profit from a clean and easy gross sales course of no matter how the shopper selects to pay – through the use of an all-in-one answer. We shall be posting extra on our progress on a weekly foundation for the following 6 weeks,” the Eligma workforce stated.


It is a press launch. Readers ought to do their very own due diligence earlier than taking any actions associated to the promoted firm or any of its associates or providers. Bitcoin.com will not be accountable, straight or not directly, for any harm or loss induced or alleged to be attributable to or in reference to using or reliance on any content material, items or providers talked about within the press launch.