Singapore, Singapore–(Newsfile Corp. – May 27, 2021) – According to official sources, Halo Labs recently completed another US$10 million strategic financing from Ace Peak Capital Group. This is the second investment from the group following the first US$10 million completed on 14 May 2021, making the total investment of US$ 20 million in Halo Labs. The investment will be officially completed on May 26, 2021.
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The Halo Network mainnet was launched on April 19 to start the global linkage creation coin minting, and the coin minting is still in progress. Halo Network adopts dual-mode mobile innovative transaction management, cross-chain swap, a new HPOS consensus mechanism and native oracles.
Halo HUB consists of three objectives, namely: the improvement of the basic layer enables the halo system to have the basic conditions to access traditional financial tools and to achieve a more efficient and low-cost transaction architecture; the halo system creates an integrated, Decentralized Finance (DeFi) series at the application-level tool flow; traditional financial tools can obtain basic data and trading capabilities through related supporting tools.
Ace Peak Capital Pte Ltd, is a Singapore incorporated company, which is principally a private equity investment company, advising on strategic investments and operational activities. As a Director of Director of Ace Peak Capital Group Pte Ltd, Mr. Levin Lee believes that Halo Network is a high-quality blockchain project which will become an important part of the next stage of DEFI.
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