Net Element, Inc. (NASDAQ: NETE) Attracts $7.55 Million Investment on Heels of Blockchain Initiative
Blockchain-focused business unit launched to create crypto-based ecosystem connecting merchants and consumers Cryptocurrency and blockchain technology applications market could reach $10 trillion by 2033 Institutional investment of $7.55 million will support blockchain initiatives and continued growth Net Element (NASDAQ: NETE), a global financial technology and value-added solutions group that supports electronic payments acceptance in an omni-channel environment spanning across point-of-sale, e-commerce and mobile devices, recently announced that it has completed a $7.55 million private placement of restricted common stock and warrants with a New York-based office that has made several investments in blockchain technology platforms. Shares of Net Element rose…