Blockskye Secures $15.8 Million for Blockchain Infrastructure in Corporate Travel

Blockskye announces the completion of a $15.8 million Series C financing to expand its blockchain-based travel platform into new markets and develop stablecoin payment solutions.

Summary

Blockskye has completed a $15.8 million Series C financing led by Blockchange, with participation from United Airlines Ventures and others. The funds will be used to expand into European, Latin American, and Asian markets, and to develop real-time payment products using stablecoins. The company claims its platform can reduce travel costs by 14.5% and save 84% on agency fees, with plans to hire 30 new technical and sales staff.

Terms & Concepts