Friday February 26, 2021
Bitcoin (BTC) $47,023.00   Ether (ETH) $1,475.12
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Capital Raising

Blockchain payments network Terra gets investment from HashKey Capital

Terra and HashKey Capital will work together to bring blockchain based payment solutions to e-commerce and retail industries throughout Asia

Published by CryptoNinjas.net
08/23/2019
Blockchain payments network Terra gets investment from HashKey Capital

Terra, a project building a payment system on the blockchain, announced today that it has received a strategic investment from HashKey Capital, a leading investor with a large portfolio of fintech and blockchain companies. The investment will help Terra further its goals of expanding its e-commerce and retail alliance across Asia.

HashKey Capital is an affiliate of HashKey Group, a fintech company based in Hong Kong and a strategic partner of Wanxiang Blockchain Labs.

Terra Protocol

Terra has designed a stablecoin that can be used as a method of payment on its independent blockchain payment solution. It aims to increase adoption through its growing e-commerce alliance, which includes Asia-Pacific giants such as TMON, Baemin, Carousell, Qoo10, and Tiki.

Recently, Terra partnered with a Korean mobile payments app called CHAI, which has integrated with two e-commerce partners from Terra’s Alliance to power online transactions with its blockchain technology. Launched only two months ago, CHAI’s transaction volume is growing rapidly with its user base currently exceeding 380,000.

“Terra’s has captured significant mindshare in Korea through its partnership with payments app CHAI, and we are proud to receive this crucial investment from HashKey Capital as we continue to grow. HashKey Capital has a great presence across Asia, especially in Hong Kong and Mainland China, and we look forward to exploring those regions together. As one of HashKey Capital’s portfolio companies, we are joining the ranks of other prestigious blockchain startups. Not only are we building our credibility in the space, but we are also furthering our goals.”
– Daniel Shin, Co-Founder of Terra

Terra recently announced new e-commerce partners such as Korea’s music-streaming giant Bugs and Sinsang Market, the largest B2B fashion platform in Korea. The Terra team also recently announced investments from LuneX and Ulysses Capital. Terra’s mining token Luna (LUNA) is currently listed on global cryptocurrency exchanges including Bittrex and Bitrue.

“We believe in Terra as one of the most feasible solutions for blockchain-based, global payments. We have decided to invest so that we can grow our portfolio of promising fintech companies in Korea/Asia, as well as diversify it with up-and-coming startups in the blockchain space.”
– Deng Chao from HashKey Capital

FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Mirror Protocol brings synthetic stock asset exposure to Binance Smart Chain
Networks & Protocols

Mirror Protocol brings synthetic stock asset exposure to Binance Smart Chain

01/22/2021
Bison Trails adds support for stablecoin blockchain protocol Terra
Vendor Technology

Bison Trails adds support for stablecoin blockchain protocol Terra

01/13/2021
Blockchain payment network Terra Money opens ecosystem grant program
Networks & Protocols

Blockchain payment network Terra Money opens ecosystem grant program

03/18/2020
gumi Cryptos, HashKey Capital invest in blockchain asset firm Tassat to drive Asia expansion
Capital Raising

gumi Cryptos, HashKey Capital invest in blockchain asset firm Tassat to drive Asia expansion

12/17/2019
Terra Co-Founder makes four blockbuster announcements at Korea Blockchain Week
Events

Terra Co-Founder makes four blockbuster announcements at Korea Blockchain Week

10/01/2019
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
ZelaaPayAE deploys Pundi X's merchant crypto payment solutions for UAE

ZelaaPayAE deploys Pundi X’s merchant crypto payment solutions for UAE

02/24/2021
Anchorage raises $80M Series C, led by GIC, Singapore's sovereign wealth fund

Anchorage raises $80M Series C, led by GIC, Singapore’s sovereign wealth fund

02/25/2021
Lido teams with Unslashed to cover $200M worth of staked ether against slashing risks

Lido teams with Unslashed to cover $200M worth of staked ether against slashing risks

02/25/2021
LATAM bitcoin exchange Bitso secures insurance policy on user's crypto deposits

LATAM bitcoin exchange Bitso secures insurance policy on users’ crypto deposits

02/25/2021
Trezor Partners with GRAY to Launch New Luxury Crypto Hardware Wallet

GRAY expands crypto hardware wallet line, introduces the CORAZON Aluminum

02/25/2021
Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

02/26/2021
Modulus CEO: Parler & Amazon Strife Highlight Danger for Digital Asset Exchanges

Modulus CEO: PDAX Collapse Under Heavy Volume Highlights Importance of Quality Crypto Exchange Technology

02/26/2021
Glow programming language brings smart contract simplicity to Cardano

Glow programming language brings smart contract simplicity to Cardano

02/26/2021
Komodo's AtomicDEX stress test proves success as a scalability solution

Komodo’s AtomicDEX proves success as a scalability solution with stress test complete

02/26/2021
LATAM bitcoin exchange Bitso secures insurance policy on user's crypto deposits

LATAM bitcoin exchange Bitso secures insurance policy on users’ crypto deposits

02/25/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version