Blockchain start-up Chia nabs US$500 million valuation, eyes IPO

Source: South China Morning PostChia Network Inc, a blockchain and digital currency platform founded by BitTorrent creator Bram Cohen, has more than doubled its valuation after raising US$61 million from investors including Richmond Global Ventures and Andreessen Horowitz.The San Francisco-based company was valued at about US$500 million in the funding round, a person with knowledge of the matter said. Breyer Capital, Slow Ventures, True Ventures, Cygni Capital, Naval Ravikant, Collab+Currency and DHVC also participated in…Read More

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