Capital markets News

Franklin Templeton funds blockchain for sustainable, green investments

proof of impact
On December 11, Amsterdam-based blockchain organization Proof of Impact said it closed its Series A led by Franklin Templeton. Other investors who participated in the funding round included Ausum Ventures, Crypto Valley Venture Capital and Pangea Blockchain fund. The company did not reveal the investment amount.
What is an “impact event”?
Founded in 2017, Proof of Impact is building a blockchain-based marketplace for investments and donations into projects and initiatives which have sustainable development goals and can be assessed according to an impact outcome. It’s a little like the Kickstarter platform but with a green and sustainability angle.

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Image Copyright: Proof of Impact