Samsung-supported blockchain startups receive $7.5 million in financing from multiple banks

According to Cointelegraph, South Korea's blockchain startup Blockco has received 9 billion won ($7.5 million) in financing in the latest round of B+ financing, including South Korea's oldest Shinhan bank and South Korea. The largest foreign exchange bank, the Korea Exchange Bank. In addition, the venture capital firm LB investment, which focuses on healthcare, and the risk department of Seoul entertainment startup Dadam Game also support this new investment. According to reports, Blockco was founded in 2014 and raised 1.5 billion won ($1.2 million) from Samsung Ventures in July 2016.