Thai payments startup Omise to raise funding using digital coins

• Thai payments startup Omise plans to raise up to US$16 million by allowing investors to use ether, the digital currency of blockchain technology Ethereum. The fundraising starts from May.
• Investors will be able to use ether to buy tokens, which will give them a share of transaction revenue generated by their upcoming blockchain-based payments platform Omise Go.
• This novel method of crowdfunding, called a crowdsale, is often used by cryptocurrency companies.
• Omise’s previous fundraising effort was a more traditional US$17.5 million series B round.

Source: Bloomberg

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