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Cryptopolitan 2019-09-12 17:41:11

Dapper Labs partners with Warner Music Group for new blockchain

Dapper Labs have raised over eleven million dollars ($11.2) in latest funding series. The investors included the Digital Currency Group, Andreessen Horowitz, and Warner Music Group. The funds will be utilized in building Dapper Labs new blockchain platform known as Flow. Up till now, the project has raised almost forty million dollars ($39.2M) through financing series. All of these investors will be receiving equity stakes in Dapper Labs until Flow is approved. Things may change once Flow is approved by the US Securities and Exchange Commission (SEC). After SEC approval, these investors will have the option of exchanging their stakes

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