The Colu team decided to open source the code as it wants to encourage more developers to work on Colored Coins.
Bitcoin price has reached its 2-year high while investors are increasing their contribution in blockchain and bitcoin development.
Coloured coins startup Colu teamed up with the consulting company Deloitte to bring the blockchain technology to the new markets.
Colu has launched the beta version of its platform and announced its first partnership with a cloud-based provider of sales and marketing intelligence for music startups.
Japanese venture capital firms Dentsu Digital Holdings, Mitsubishi UFJ Capital Company Limited and others keep investing: bitFlyer raises $4m in this round.
Founder and CEO of eToro Yoni Assia joins COLU’s board of directors; while Patrick Murck, executive director of the Bitcoin Foundation, joins the board of advisors of BTCJam.
Anycoin Direct gets €500K in funding, while blockchain technology platform Colu and Japan-based BitFlyer raise $2.5M and $1.1M in funding, respectively.