KR1 PLC (AQSE:KR1), a leading digital asset investment company, has announced that it has invested a total of US$200,000 in the HydraDX project.
KR1 CEO George McDonaugh tells Proactive London's Polly Middlehurst about the project also explaining a bit about simultaneous investments in Swarm and Lido and how they complement their existing portfolio.
HydraDX is a decentralised exchange and cross-chain liquidity protocol built on Polkadot’s Substrate blockchain development framework.
McDonaugh tells Proactive London that the company took part in HydraDX’s seed funding round alongside Hypersphere Capital and will receive a yet-to-be-determined amount of HydraDX (HDX) tokens, adding that 2021 is the year to watch for investors looking for retuns on crypto-assets.