Blockchain group opens Cheyenne office
CHEYENNE – Canadian blockchain company BlockCrushr Labs opened its first U.S. office last week in Cheyenne, arriving before the state Legislature considers changes that would encourage more such businesses to operate in the state.
BlockCrushr Labs CEO Scott Burke announced the move Wednesday. Company leaders have filed for a Wyoming subsidiary, BlockCrushr Wyoming LLC.
Burke supports the state’s recent push for cryptocurrency and blockchain technology. Their other office is in Halifax, Nova Scotia.
BlockCrushr Labs develops and commercializes blockchain technology.
Founded in April 2016, its leading product is TokenClub, a monthly initial coin offerings subscription service. Similar to a Kickstarter campaign, initial coin offerings use blockchain-based tokens, or cryptocurrency, to raise money for various causes. This can be used to ensure funds are going to their intended destination.
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