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Deutsche Telekom invests in mobile DeFi platform Celo

Published 04/20/2021, 04:09 AM
Updated 04/21/2021, 06:00 AM
Deutsche Telekom invests in mobile DeFi platform Celo
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DTEGY
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Deutsche Telekom (OTC:DTEGY), one of the largest telecom providers in Europe, has invested in blockchain payments platform Celo to support the development of decentralized finance.

The telecom giant has made a “significant purchase” of Celo’s native token, Celo, through its strategic investment fund, the Telekom Innovation Pool (NASDAQ:POOL), Celo announced Tuesday. The firms did not specify the size of the investment.

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