Romania-based TOKHIT, a blockchain-powered gamified social app, announced on Thursday, February 9, that it has closed $100M (approximately €93.6M) in a fresh funding round from an international investment fund.
The Romanian company has not revealed the investor’s name and the valuation at which the deal was closed.
The capitalisation will be conducted through TOKHIT Holding Switzerland financed by ODAS Group, which will coordinate all development and promotion activities at the global level.
“The funds will be used to fuel further developments of the product on all devices, to strengthen the global reach and ambitious international goals in terms of user conversions, and to support the listing on the crypto platforms,” says Andrei Ureche, TOKHIT’s founder and CEO.