Binance Labs invested $30 mln in new cryptocurrency.

Binance Labs invested $30 mln in new cryptocurrency.

The project of anonymous cryptocurrency for mobile devices  Mobile Coin has announced about new investor. Binance Labs will head 30-million round of financing.

The developer of blockchain technologies interacting with cryptocurrency exchange  Binance, is the leader in attracting funds in bitcoins (BTC) and ethers (ETH) for the total sum $30 mln. According to TechCrunch, the new cryptocurrency will get a success and highly likely be in Binance listing.

Together with Binance Labs Moxie Marlinspike works with the project MobileCoin. Moxie Marlinspike is known as the developer of messenger Signal for crypto messages communication. The company acts as technical adviser.

The idea of MobileCoin developers consists creating of fast, anonymous and easy-used cryptocurrency which can be used in the context of limited resources. The new cryptocurrency will be suitable for clients who don't have possibility for secure storage of secret keys for a long time.

The final product will be integrated in mobile application for sending messages.  So, WhatsApp, Facebook and Signal will interact with MobileCoin wallet.

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