Swiss-Ukrainian Blocksport.io raises $6 million

The Swiss-Ukrainian company Blocksport.io has raised $6 million. Vladimir Liulka, co-founder and CEO of the company, told AIN.UA details.

• The funding was secured during the Initial Coin Offering (ICO). Among the investors are FBG Capital, NewTribe VC, MEXC, LVT Capital, DCI Capital, and several other investment firms.
• Blocksport.io plans to raise another $500,000 through a public offering of tokens by the end of the year. Its listing will take place later.
• So far, the company has raised $900,000 in September and $6 million through the ICO.
• The investment will go toward Sales & Business Development for global markets, team expansion, and further development of the R&D office in Ukraine.

Blocksport.io positions itself as a sports tech provider focusing on video games, esports, and sports. The company was founded in 2019 by Ukrainian Vladimir Liulka and Semih Kaçan. The company is headquartered in Switzerland.