Lingon closed angel investment round

Lingon  closed an angel investor round to complete the development of its new self-service platform, which will make digital certificates available to a wide audience without crypto knowledge. A commercial pilot of the platform will take place during the third quarter of the year and Lingon expects to make a public launch during the fourth quarter. The round closed at 60% higher than planned (SEK 2.4 million instead of SEK 1.5 million) and Lingon gained more strong owners in the company. ChromaWay participated in the round and increased its current share.

“We are very grateful for ChromaWay's continued trust and support in the joint effort to create an interesting ecosystem on the Chromia blockchain and contribute to a modern, innovative and competitive alternative to Ethereum and other blockchains. We are very pleased with the response given that it is a bear market and that many companies - especially those in the early stages - are currently having a very difficult time raising capital”, says Christian Listérus, CEO of Lingon Certificates AB.

Lingon provides digital certificates on the Blockchain, making it possible to prove both authenticity and ownership of unique assets.

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