Bezant, a Singapore-based blockchain-as-a-service platform for enterprises to build dynamic services and applications on top of its blockchain network, received a six figure strategic investment from Bibox Exchange, an AI-enhanced global encrypted digital asset exchange.
The amount of this deal was not disclosed. Earlier in May, Bezant hit its pre-sale target of US$16.8 million just over an hour after the token sale opened for participation. Due to high demand from participants, the company also added a pre-sale bonus round of US$4m one day later, which concluded in under five minutes.
Following this event, Bezant announced the cancellation of its main token sale in order to focus on strategic investors who bring invaluable relevant experience to Bezant in addition to capital.
Led by Daesik Kim, Chief Cryptocurrency Officer, and Oh Thongsrinoon, Chief Strategy Officer and Chief Marketing Officer, Bezant provides blockchain-as-a-service for enterprises to build dynamic services and applications on top of the Bezant blockchain network, enabling enterprises to boost their services with blockchain integration, and conduct their own token sales. With a focus on mobile apps, games, and e-commerce primarily in emerging markets, the Bezant network also facilitates instant and decentralized payment solutions so all of the world’s consumers can easily access global goods and services using its Wallet and BZNT Token.