Blockchain technology company Everledger, of which technology giant Tencent is an investor, filed for bankruptcy and liquidation because it could not find investor funds.
According to a recent report by a local agency, diamond, precious as well as mines fashion, art And wine like luxury products a following blockchain the one which… Everledger, expected end financing your tour not happening over liquidation process applied to the court. Within the scope of liquidation, first creditor meeting will do it today.
In past years 55 million close to dollar grant And investment end of the project at 18 months financially grappling with problems specified. The company’s 31 March to its personnel on dismissal notifications sent And April 24 to the management on Photos of VincentsCharteredAcoounts reminded that he was appointed as administrator.
Founder of the company Leanne Kemp He said on the subject that the expected funding round not happening over interests of stakeholders to protect difficult And critical that a decision had been made.
Kemp, 8 years filled company snowy halo able to come needed for capital to ensure binding One investment agreement said that. Founder, company’s investments wasted an outgoing no attempt that you think and that this investment round basically profitability as the last investment round before is planned expressed. Kemp company the way it is managed He made the following statements about:
Certainly, our use of capital and operational footprint were fully aligned with the board’s vision as part of a controlled growth plan. This is not a company that scales very fast and takes risk capital and wastes investments in 18 months.