News

DREP Foundation (DREP) receives an undisclosed amount of investment by KuCoin

DREP Foundation (DREP) is a decentralised ecosystem based on Blockchain technology which empowers various Internet platforms to quantify and monetise reputation value.

Today, on July 10, DREP Foundation has announced that it received an undisclosed amount of investment by KuCoin, a Hong Kong-based cryptocurrency exchange. The investment was made through a KuCoin affiliate company.

This investment follows a string of strategic partnership announcements over the last two months with the likes of multi-layered transaction blockchain Quarkchain, Indian enterprise-grade Big Data solution Zebi and, Vietnamese traveltech startup Triip.me, among others. The company earlier announced funding from Israeli venture capital company Yozma Group.