Crypto-powered telecom network helium has raised $200 million at a $1.2 billion valuation, according to a new report. By mikeybellusci
Decentralized telecommunications network Helium has raised $200 million in a Series D funding round at a $1.2 billion valuation,Tiger Global and FTX Ventures are among the new investors, according to Axios. Existing investors include Khosla Ventures, GV, Multicoin Capital, Munich Re Ventures and FirstMark Capital, Axios added.for Helium’s HNT.
Owners of Helium hotspots, which connect nearby internet of things devices, are rewarded with HNT, receiving more tokens the more their hotspot is used.Helium declined to comment on the fundraising report.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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