Qualcomm is one of the investors backing 21, which is still operating in stealth but is reportedly looking to harness bitcoin technology for consumer products.
US-based cryptocurrency technology developer 21, Inc. has raised $116m in funding from investors including Qualcomm Ventures, the corporate venturing arm of wireless technology producer Qualcomm, the Wall Street Journal reported yesterday.
Venture capital firms Andreessen Horowitz, RRE Ventures, Khosla Ventures and Data Collective, and private equity firm Yuan Capital have also invested, along with angel investors including Peter Thiel, Max Levchin and Mark Pincus
The funding was raised over multiple rounds, according to digital currency news source Coindesk, and includes…
