Telecom giant Samsung has spent 2.6 million euros ($2.9 million) to crypto pocket maker Ledger, the French economic book Capital reports. The investment provides the start-up that is France-based a $290 million evaluation, each the accounts.
CoinDesk Korea mentioned an anonymous source that said,"We expect Samsung Coin to emerge out on the current market, however, the leadership hasn't yet been determined"
The news came soon after CoinDesk Korea reported which Samsung is now developing a block-chain platform and indigenous digital advantage of its. The undertaking, that is with the South Korean technology giant block-chain branch, is on Ethereum's and also the consequent crypto currency is known as"Samsung Coin."