Hybrid blockchain platform Orbs has raised over $15 million in cryptocurrency with help from South Korean app provider Kakao.

A Kakao representative told CoinDesk that its investment arm had joined the funding effort because it “always seeks to invest and support innovative startups and Orbs is a good example.”

The startup raised 139,000 ether ($12,371,000) and 892 bitcoin ($3,017,026), which amounts to about $15.4 million as of press time.

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