Deutsche Telekom has become the first telecom firm to join the Celo Alliance for Prosperity.
Deutsche Telekom, one of the largest telecom providers in Europe, has invested in blockchain payments platform Celo to support the development of decentralized finance.The telecom giant has made a “significant purchase” of Celo’s native token CELO through its strategic investment fund, the Telekom Innovation Pool, Celo announced Tuesday. The firm did not specify the size of the investment.In conjunction with the investment, Deutsche Telekom has joined the global Celo Alliance for Prosperity — Celo’s ecosystem and a network of over 130 members including nonprofits, merchants, payment processors and blockchain firms. According to the announcement, Deutsche Telekom is the first telecom company to join the alliance.As part of the move, Deutsche Telekom’s subsidiary T-Systems MMS will validator implementing the Open Telekom C
Źródło: https://cointelegraph.com/news/deutsche-telekom-invests-in-mobile-defi-platform-celo
