The digital currency token of blockchain as-a-service (BaaS) startup Factom, Inc., rose inwards a higher house $7.00 on Wednesday.
Investor involvement inwards Factom’s tokens rose this calendar week afterward the Texas-based startup, which utilizes blockchain applied scientific discipline to render immutable storage of records inwards the medical as well as mortgage industries, completed a novel Series H5N1 funding circular on Tuesday to the melody of $8 million.
Factom’s novel funding circular saw participation from early on investors similar Draper Associates, Stewart Tile, Overstock as well as others, who injected a combined full of $5,326,522 USD into the promising startup.
“Now, Peeli Ventures, Harvest Equity, as well as a publish of local Austin investors added roughly other $2,703,274 USD, closing out the funding round.,” said Factom’s
press release.
News of the novel funding circular sent the FCT/BTC telephone commutation charge per unit of measurement to an 8-month high of 0.006274 on Tuesday afternoon:
And according to charts from
CoinMarketCap, the marketplace pose capitalization of FCT rose on Wed to an all-time high of $63.3 meg - nigh doubling from the previous high of $33.4 meg on August 29, 2016: