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Global Blockchain Technologies Corp. buys out Kodak Coin pre-sale

Global Blockchain Technologies Corp., a company that provides investors with access to a basket of holdings within the blockchain space, is leading the investment in the Kodak Coin Initial Coin Offering (ICO) with $2 million investment.

Photo giant Kodak recently announced its partnership with WENN Digital to launch a blockchain-powered image rights management platform ‘KODAKOne’ and a cryptocurrency ‘KODAKCoin’. It is the first major NYSE-listed corporation that will take part in creating and implementing a cryptocurrency.

In its official release, Global Blockchain Technologies Corp. announced that it has subscribed for all eight million Kodak Coins that were available in the pre-ICO Stage I.

“Global Blockchain Technology Corp. is excited to join the Kodan Coin ICO as its lead investor. This groundbreaking endeavor addresses a pressing need to manage and monetize digital assets globally. By tapping into a significant marketplace and establishing relationships with top-tier technology partners, Kodak Coin allows Global Blockchain the opportunity to join what will become a very large and active community,” Shidan Gouran, President of Global Blockchain Technologies Corp., said.

Kodak launched the blockchain and cryptocurrency initiative in order to offer photographers a new revenue stream and a secure platform for protecting their work.

“We are pleased and excited to have Global Blockchain Technology Corp., a cryptocurrency pioneer and a visionary in the ICO revolution, as our lead investor in this historic ICO. They are an experienced group of investors who have a deep understanding of the crypto markets,” Jan Denecke, CEO of WENN Digital and Co-Founder and Developer of the KodakOne Image Rights Platform and the Kodak Coin, said.

The public token sale will launch on January 31, 2018, and is open to accredited investors from the U.S., the U.K., and Canada.

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