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360 Blockchain Inc establishes US subsidiary

Last updated: 09:24 16 Nov 2017 GMT, First published: 04:24 16 Nov 2017 GMT

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The new subsidiary is called 360 Blockchain USA Inc.

360 Blockchain Inc (CSE:CODE) has established an American subsidiary company named 360 Blockchain USA Inc.

It will focus efforts in the United States, both for investment in and development of blockchain technologies, which may include cryptocurrencies.

READ: 360 Blockchain says SV CryptoLab has begun Cryptocurrency mining

"This step provides the company with the capacity and flexibility to drive momentum in the United States,” said George Tsafalas, president and chief executive of 360 Blockchain Inc.

“We have identified expertise in the blockchain space and this new subsidiary, an important step in 360’s growth, will allow us to add to our leadership team in the near future,” he added.

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