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IT

Deutsche Telekom invests in blockchain company Celo

Tuesday 20 April 2021 | 09:58 CET | News
Update: 20 April 2021 | 10:47 CET
Deutsche Telekom said it has invested an undisclosed sum in the provider of financial services and blockchain company Celo. It has made a significant purchase of Celo's native asset (CELO). Deutsche Telekom's CELO token purchase will be made by the Telekom Innovation Pool (TIP), its fund for strategic investment, with Deutsche Telekom Capital Partners (DTCP) as advisor.

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[20/04/2021 10:47- Update: Amends headline and text to show DT is investing in Celo rather than acquiring it]


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Categories: IT / Mobile & Wireless
Companies: Deutsche Telekom / T-Systems
Countries: World
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