Block.one the company behind the EOS platform have today announced the new 100 million dollar joint venture with One of Europe's largest company builders and investors in the Fin Tech industry, FinLab AG.
The 100 million dollar investment, will enable FinLab to make strategic investments in Europe, into projects that will be using the EOS.IO decentralized blockchain software.
Stefan Schuetze from FinLab Board said:
“EOS.IO’s Delegated Proof of Stake (DPOS) approach has shown to vastly improved the speed and resiliency by which blockchain networks operate and scale,FinLab is excited to partner with the company behind this fundamental innovation and looks forward to fostering development of projects enabled by EOS.IO software.”
Source:
https://medium.com/@eosio/finlab-ag-and-block-one-36cf89e8d17a