Conflux

Conflux

Finance

Shanghai Government Invests $5M in Blockchain Startup Conflux

The Shanghai government has invested over $5 million in Conflux while putting the project on a list of 57 companies that focus on emerging technologies.

Conflux co-founders Ming Wu and Fan Long

Markets

Conflux Blockchain Announces Ecosystem Grants Program

Development grants will be paid in the platform's native token, CFX, in values up to $15,000 and $50,000 for both projects and firms respectively.

(Conflux)

Finance

Chinese Blockchain Startup Hires VC Exec to Lead North American Expansion

Beijing-based blockchain startup Conflux has hired the former head of crypto at VC firm Outlier Ventures to lead a North American expansion.

Toronto

Finance

Blockchain Startup Conflux to Get Shanghai Government Funding for Research Institute

Shanghai will open a blockchain research center by the end of December with substantial investment, even as China’s government continues to crack down on crypto-related businesses.

Shanghai image via Shutterstock