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Blockchain Startup Everledger Secures $20M Funding from Tencent, Fidelity, and Others

London-based blockchain startup Everledger recently announced of securing a massive $20 million in Series A funding led by Tencent Holdings Ltd. Other major participants to this funding round included Rakuten, Fidelity, Graphene Ventures, Bloomberg Beta and Vickers Venture Partners.Founded in 2015, Everledger uses the blockchain technology to develop an immutable ledger for asset ownership. In addition, Everledger also looks to tap other emerging technologies like AI and IoT to create robust...

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