Eligma, a cryptocurrency startup from Slovenia, has raised €4 million (~$4.4 million) from Bitcoin.Com, whichowned by investor Roger Ver, and venture capital firm Pangea Blockchain Fund.
Eligma founder and CEO Dejan Rolich said that over the past 16 months, the company's valuation has doubled.
Interestingly, the Pangea Blockchain Fund is backed by Ver himself, who invested $22 million in it earlier this year. Ver also joined Eligma as a board member.
Eligma is developing a payment network based onblockchain to simplify the process of making transfers. It provides the opportunity to carry out crypto-fiat conversion in real time with the possibility of withdrawing money in fiat.
The firm uses the Eli token for payments.According to Rolic, Eli tokens, originally issued for the ethereum blockchain, will migrate to the BCH blockchain. The tokens will also be integrated into the Bitcoin.com wallet and may be renamed the GoCrypto (GOC) token in the future. The ticker will also be added to the new Bitcoin.com exchange.
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