Crypto Startup Aleo Closed $200 Million Series B Funding Round Led by SoftBank and Kora Management

TokenInsight news, Aleo Systems Inc, a crypto startup, announced the closing of a $200 million Series B round of funding led by SoftBank and Kora Management, with participation from a16z, Tiger Global, Samsung Ventures and others. It is said that Aleo Systems Inc promises to launch its programmable privacy network, Aleo Blockchain, later this year. Previously, Aleo closed a $28 million round of funding led by a16z in April last year, with participation from Coinbase Ventures and others.