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Why Comcast Invested in Blockchain Startup Blockdaemon

Why Comcast Invested in Blockchain Startup Blockdaemon

Comcast (CMCSA) recently helped raise nearly $3.3 million in a seed financing round for the New-York-based blockchain startup Blockdaemon. Also participating in the round were Boldstart Ventures and MState, a startup accelerator fund backed by Comcast and IBM (IBM). One of the notable things in the case of Blockdaemon is that Comcast made a double investment in the startup.