Blockchain Firm Blocko Partners with UAE to Launch Aergo Platform in the Middle East

The South Korean blockchain-focused firm Blocko has finally launched its newly-developed hybrid public-private blockchain, Aergo, in the UAE through a strategic partnership with the SEED Group, a member of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum. Blocko has already raised $16M through two separate funding rounds in which South Korea’s Shinhan Bank and KEB Hana Bank, LB Investment and Dadam Investment were the top participants. Blocko’s plan is to scale up in the Middle East by launching its hybrid blockchain network called Aergo. The platform will serve…