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Aikon Raises $10 Million Series A Funding Round Led By Morgan Creek

Aikon, a multi-chain onboarding platform, has announced a $10 million Series A funding round lead by Morgan Creek Digital.

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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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.