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Posted By Crypto Trader on 04/25/2018

Mobilecoin Joins Binance Exchange and Raises $30m for Mobile Payment

Mobilecoin Joins Binance Exchange and Raises $30m for Mobile Payment


On Tuesday, MobileCoin announces to join Binance labs, the major blockchain incubator Binance exchange. It is leading a $30 million round denominated in bitcoin and ether for commencing new cryptocurrency. MobileCoin will fetch “Priority consideration” for listing on Binance as a part of the relationship.

Moxie Marlinspike’s review

The cryptocurrency projects are evinced a dozen but the authority of an established name can make the contrast. The founder of messaging app Signal, Moxie Marlinspike is one among them. As per the report, Marlinspike is working with MobileCoin as a technical advisor.

Marlinspike collaborates with Joshua Goldboard, a general partner at hedge fund crypto lotus and MobileCoin Technologist and Shane Glyn a legal counsel to aid the firm and navigate the wavy terms of crypto regulations. Glynn is serving since 2010 as a senior product counsel at Google. It is not yet clear if he is resigning his job for the new venture.

Read detail info here: Binance Exchange


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