The Bitfury Group, a “full-service” blockchain technology firm, has reportedly closed an $80 million “private placement” - which was led by Korelya Capital, a Europe-based growth capital firm supported by South Korea’s internet giant, the Naver Group. Valerv Vavilov, the co-founder and CEO of Bitfury, said: “2018 has been a year of incredible expansion for Bitfury. This private placement reflects our achievements, and it recognizes our ability to address adjacent market segments in high-performance computing, including in emerging technologies like artificial intelligence (AI).”
