Argo Blockchain will retain a 25% stake in the crypto investor and technology incubator after leading its latest round.
Blockchain technology producer Argo Blockchain invested roughly $10m yesterday to lead a funding round for UK-based blockchain technology and venture capital startup Pluto Digital Assets sized at about $40m.
The round also featured Pires Investments and Riverfort Global Opportunities, and Argo has retained a stake in Pluto Digital sized at approximately 25%, having acquired it by investing an undisclosed amount in February this year.
Pluto Digital Assets was formed to incubate, invest in and support decentralised finance, technology and networks…