Starting off the week with some exciting news. We have secured a significant investment from $1.
24 Jun 2019, 05:37
Starting off the week with some exciting news! We have secured a significant investment from $1.5 billion US hedge fund Ulysses Capital. They were extremely impressed with how well our payment service is doing in Korea (100k users in 10 days!), and we are excited to have them on board. Korean press has caught wind of it, and we are sharing a quote from Ulysses for our global fans: “Terra has already proven that it can deliver on its vision to build an open financial platform through its successful launch of a payment service in Korea. Just within its first 10 days, the blockchain-powered payment app has already amassed over 100,000 users,” said Joon Lee, Representative of Ulysses Capital. “We believe that Terra will continue to grow its market share not just in Korea, but also across Asia where it has a long list of eCommerce partners eager to help drive mass adoption.”
> Press (Korean):