Sirin Labs Closes ICO, at $157.8M

Sirin Labs, a Swiss-Israeli developer of an open source blockchain smartphone, recently closed its ICO, at $157.8m.

The company will use the funds to increase production and invest in sales and marketing.

Led by Moshe Hogeg, Founder & Co-CEO, and Kenges Rakishev, Chairman, Sirin Labs is advancing FINNEY™, a smart device (PC and smartphone) which aims to create an independent blockchain network using a distributed ledger consensus mechanism. This enables fast payments between the network peers without the need for mining (fee-less).
The FINNEY™ devices will feature a cold storage crypto wallet compatible with the most common cryptocurrencies.



Join the discussion