Blockchain Group Everledger Gets $20M Investment

Blockchain technology company Everledger has closed a $20 million Series A funding round, led by China-based internet giant Tencent Holdings.

Everledger, which supports blockchain technology for many companies in the diamond industry, will use the money to fund its growth. The company, whose clients include Gübelin Gem Lab, Chow Tai Fook and Hari Krishna Exports, also received investments from Graphene Ventures, Bloomberg Beta, Rakuten, Fidelity and Vickers Venture Partners.

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