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 >

January 19 15:30 UTC Released

USECRI Weekly Annualized

Actual

4.5 %

Forecast

Previous

3.3 %

January 19 15:30 UTC Released

USECRI Weekly Index

Actual

150.3 %

Forecast

Previous

147.6 %

January 21 21:00 UTC 262262m

KRPPI Growth YY

Actual

Forecast

Previous

3.1 %

January 21 21:00 UTC 262262m

KRPPI Growth

Actual

Forecast

Previous

-0.1 %

January 21 23:00 UTC 382382m

JPReuters Tankan DI

Actual

Forecast

Previous

27 k

January 22 07:00 UTC 862862m

NOIndus Confidence

Actual

Forecast

Previous

2 0

January 22 08:00 UTC 922922m

TWJobless Rate

Actual

Forecast

Previous

3.69 0

January 22 08:00 UTC 922922m

TWExport Orders YY

Actual

Forecast

Previous

11.6 0

January 22 09:00 UTC 982982m

GRCbank C/A YY

Actual

Forecast

Previous

-0.624 0

January 22 13:30 UTC 12521252m

USNational Activity Index

Actual

Forecast

Previous

0.15 %

Close

Welcome to EconoTimes

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