Aikon Raises $10 Million Series A Funding Round Led By Morgan Creek
Morgan Creek CEO Mark Yusko and ventures partner W. Scott Stornetta will also join the company’s board, according to a press release from Aikon.
Blizzard, Up2 Opportunity Fund, and Yugen Partners are among the other investors in the round. Mighty Capital, Alpha Edison, and Think+ Ventures all made further investments.
Aikon, which was founded in 2017, promises to accelerate blockchain adoption by providing simple onboarding solutions for businesses and consumers. Aikon is powered by the ORE token and is developed on the Open Rights Exchange (ORE) network.
The ORE network is a blockchain designed for the decentralized management of identities, assets, and rights. The network’s whitepaper was published in 2018. Marc Blinder, the originator of Aikon, is a member of the network’s core staff.
According to the statement, funds interested in the investment round acquired ORE Tokens in order to have a share in the ORE Network.
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