Sony took the lead in financing 13 million euros for the German blockchain company Bitwala

On July 31, Bittela, a German blockchain financial company, raised 13 million euros (about $14.5 million) in Series A financing. Bitwala announced on Wednesday that Sony Financial Ventures and NKB Group led the investment, with existing investors Earlybird and Coparion contributing half of the money. According to Bitwala, this is the largest round of equity financing for German blockchain start-ups. These funds will be used to grow the company's customer base, add new employees, and launch Bitcoin accounts for businesses.