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Home » Kalima Forms Partnership with ABO Digital to Enhance IoT Blockchain Solutions

Kalima Forms Partnership with ABO Digital to Enhance IoT Blockchain Solutions

Kelly Cromley by Kelly Cromley
Jul 17, 2023
in Market News, News
Reading Time: 2 mins read
0

French-based blockchain company Kalima has announced a strategic partnership with ABO Digital, a private alternative funding group. The collaboration entails a substantial commitment of US$10 million from ABO Digital to support Kalima’s IoT blockchain solutions tailored for industrial companies. The infusion of funds aims to drive digital transformation and innovation across various industries. Furthermore, Kalima has unveiled plans for a 24-hour private sale of its KLX token on Pinksale.

Enhancing Industrial IoT Blockchain Solutions:

Kalima, known for its rapid growth in the IoT data ecosystem, has joined forces with ABO Digital to enhance its blockchain solutions for industrial companies. The US$10 million funding commitment from ABO Digital is poised to fuel Kalima’s efforts in further refining and innovating its IoT solutions. This collaborative endeavor seeks to revolutionize industries by leveraging cutting-edge technology and accelerating digital transformation. ABO Digital, as an alternative financing group, actively supports the advancement of enterprise blockchain solutions.

Kalima’s KLX Token Private Sale and Expansion:

In tandem with the partnership, Kalima has revealed plans for a 24-hour private sale of its KLX token on the Pinksale platform. The KLX token plays a pivotal role within the Kalima protocol, enabling users to pay for transactions and access various blockchain services. Additionally, Kalima Blockchain Governance has proposed bridging the KLX token from Polygon to the Ethereum network, followed by a 24-hour token sale on Pinksale. Subsequently, the KLX token will be made available for trading on Uniswap, establishing a KLX-ETH pair to enhance liquidity.

Commitment to Technological Advancements:

The collaboration between Kalima and ABO Digital, coupled with the significant funding commitment, will serve as a catalyst for the development of Kalima’s IoT blockchain solutions tailored for industrial companies. The private sale of the KLX token on Uniswap is expected to foster a deep liquidity pool, further supporting the token’s growth and widespread adoption. This strategic partnership and token sale signify Kalima’s unwavering dedication to driving technological advancements in the realm of enterprise blockchain solutions.

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