Promoting the development of a blockchain platform
The money will be used in order to promote the development of Assembly which is a blockchain platform that’s been created by the company in order to support Smart contracts and tokenization solutions.
“Our anchor partners like Vanguard, Lewis Ranieri, and Nasdaq will benefit from developing new distributed applications on Assembly, our enterprise blockchain and smart contract platform. Assembly provides the opportunity for new participants to enter the digital asset market and offers existing participants a superior infrastructure on which to build the future of financial markets,” Symbiont CEO and Co-founder Mark Smith said.
Gary Offner, Head of Nasdaq Ventures strongly believes that products like Assembly can support the economic growth of many companies on a global scale.