Recruit to Finance Beam Team

It does not disclose the amount of investment in the Beam and the terms of the agreement
18 February 2019   411

Recruit Co., which specializes in human resources, has announced the provision of funding to the Beam cryptocurrency development team through the RSP Blockchain Tech Fund established in November. The corresponding statement was published on the company's website on February 18.

As Recruit notes, currently there is an increase in the number of tokenized settlement and exchange services, which gives rise to certain expectations related to the use of the blockchain in corporate activities. Many of them, however, leak sensitive data. The Beam Token provides a blockchain with the function of preventing the spread of transaction data to third parties, and protects user transaction data, Recruit said.

The company also notes that it shares the concerns of regulators related to the possible abuse of cryptocurrency opportunities, and promises to support not only technological, but also the legal development of this space.

It does not disclose the amount of investment in the Beam and the terms of the agreement. The capital of the RSP Blockchain Tech Fund is $ 25 million. The fund focuses on overseas projects that use tokens in their models.

South Koreans to Invest in Crypto Actively

In addition to the investment amounts, the share of those interested in investing in digital assets also increased
22 April 2019   84

The average amount of investments in cryptocurrency from South Korean invesetprs is $ 6,100, which is 64% more than last year, Cointelegraph reports.

According to a survey conducted by the Korean Fund for the Protection of Portfolio Investors, in addition to the investment amounts, the percentage of those interested in investing in digital assets also increased. Thus, 7.4% of the 2500 respondents have already acquired cryptocurrency (last year there were 6.4% of those). It is noteworthy that this figure has increased, despite several major break-ins of the South Korean crypto exchange, as well as tougher regulation of the industry.

Analysts connect the market with a recent bitcoin price jump and hope for a new bull rally.

Recall recently it became known that 94% of trust capital funds invest in cryptocurrency.