Last week Recruit, the Japanese company that owns the Indeed and Glassdoor recruitment websites,
announced an investment in Israeli blockchain privacy company Beam. In November in Singapore, Recruit set up a special purpose RSP Blockchain Fund of $25 million for investing in tokens as opposed to shares.
Recruit with a turnover of Yen 2.173 trillion ($19.76 billion) has an existing venture capital subsidiary, Recruit Strategic Partners (RSP). It has invested in high profile companies like trade finance unicorn
TradeShift. RSP’s blockchain investments include payments company
Veem, identity company ShoCard, and cryptocurrency exchange bitFlyer. Three weeks ago RSP funded blockchain rewards company Loyyal.
Beam is the first investment for the specialist RSP Blockchain Fund. According to a Collider Ventures tweet the figure was $5 million.
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