ABC News
Deere Max and Blockchain Ventures enter into a strategic partnership
2021-12-03 12:33:55 Reading

 In December 2021, Deere Max entered into a strategic partnership with Blockchain Ventures to build blockchain communities in the banking and finance sector. Blockchain Ventures, the blockchain venture capital fund that oversees over $3 billion in capital, recently confirmed that it participated in Deere Max's latest round of funding.
 


In a letter to investors, Blockchain Ventures fund manager Philippe said that Blockchain Ventures participated in a $10 million funding round for Deere Max through a co-investment vehicle.
 
During a networking session, Philippe half-jokingly said, "I will be the 1,000th user of Deere Max." In fact, this is a reflection of why Blockchain Ventures attaches great importance to the developers of Deere Max and the ecosystem, because there are billions of people behind it, a group of people who are undergoing mobile conversion, a valuable group of people who are willing to pay for a great user experience, and an essential part of the blockchain social.
 
Philippe said, "We see Blockchain Ventures' investment in Deere Max as reaffirming our bullish stance on Deere Max and the overall outlook for the blockchain social payments market. We continue to see Deere Max as the best risk/reward dynamic in the social payments space."
 
BlockchainVentures is a blockchain fund of CollinstarCapital, a venture capital fund and subsidiary of Blockchain that creates blockchain ventures to support and invest in distributed ledger technologies (DLTs) that drive industry growth and have a positive social impact ) projects. Backed by its parent company, Blockchain Ventures aims to contribute to the creation of an open, fair and accessible financial system and to promote revolutionary DLT use cases beyond the financial sector.
 
Deere Max and Blockchain Ventures have entered into a strategic partnership to build blockchain communities in the banking and finance sector, where they will collaborate to spread awareness of blockchain and Distributed Ledger Technology (DLT) and conduct blockchain training, research and events in this regard, and will also work together to provide services to financial institutions and users around the world to create a social + entertainment + blockchain + meta-universe + digital wallet as one, so that people can well experience Deere Max, a new generation blockchain technology and various decentralized applications (DAPP) based on Deere Max, and popularize blockchain technology to more traditional Internet fields through Deere Max, providing all users worldwide with a reliable, transparent and decentralized payment gateway for all users worldwide.

Disclaimer: This specification is preliminary and is subject to change at any time without notice. ABC News assumes no responsibility for any errors contained herein.