Hedge Funds
Beauty blockchain firm Cosmochain has attracted US$2.50 million (2.98 billion won) token investment from a U.S. hedge fund. Cosmochain is a blockchain project that has attracted attention when Samsung Electronics selected it as an initial dApp partner for its Galaxy S10 Smartphone in March. The Galaxy Keystore, the native cryptocurrency wallet for the Galaxy S10, supports “CosmoCoin (COSM),” the cryptocurrency used in COSMEE, a blockchain-based beauty content platform. Cosmochain said on May 20 in its official website that it has attracted the investment from U.S. hedge fund firm Ulysses Capital located in Los Angeles.

In this article