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Orange to invest in two bitcoin start-ups

Friday 10 April 2015 | 08:58 CET | News
Orange Silicon Valley announced its intention to invest in two bitcoin start-ups in the next few months, after holding a series of meetings. CEO Georges Nahon said, "There's something intriguing in this technology, so we want to be there as early as possible. This could be a digital platform of the future." Orange plans to invest USD 20,000 in each in partnership with a consortium investing up to USD 3 million per start-up. Bloomberg writes that telecom operators have for the most part stayed away from bitcoin, although several funds related to technology companies have invested in bitcoin

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Categories: General
Companies: Orange
Countries: France / United States / World
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