Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Sirin Labs attracts $157M in ICO for blockchain smartphone and PC

Sirin Labs, a tech startup working to build an open source blockchain smartphone, has raised over $157 million in its initial coin offering (ICO), marking the fourth largest crowdsale in history.

The amount raised through the token sale would be used to fund the development FINNEY devices – the cyber-protected, blockchain-enabled mobile phone and PC. In its official release, SIRIN LABS said that it has created the only smartphone in the world that’s fully secure and safe enough to hold cryptographic coins.

“We are both humbled and thrilled by the support that FINNEY™ has received during the course of our crowdsale,” said Moshe Hogeg, Founder and Co-CEO of SIRIN LABS, “Becoming the 4th largest crowdsale of the year shows both the need in the market, and usefulness of having devices that can support and secure cryptocurrencies. It really is the first step in bringing blockchain technology to a more mainstream audience.”

The company said that the FINNEY devices are specifically designed for the needs of the blockchain and crypto community. They combine blockchain’s security with the functionality and essentials of Android OS. These devices would help users manage their crypto assets safely, without worrying about security risks.

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

October 18 11:30 UTC Released

TREndYear CPI Fcst/Cb Svy

Actual

24.22 %

Forecast

Previous

19.61 %

October 18 10:00 UTC Released

PTCurrent Account Balance

Actual

-1.116 Bln EU

Forecast

Previous

-1.641 Bln EU

January 31 00:00 UTC 375112375112m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 375112375112m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 386932386932m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 375112375112m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 386932386932m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 375112375112m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 375112375112m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 375112375112m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.