Deutsche Telekom invests in Celo

Is it too late to invest in Celo ?

Deutsche Telekom has invested in Celo, a blockchain payments platform that allows mobile phone access to “decentralised finance” projects that allow users to bypass traditional financial firms, the company said on Tuesday.

It did not disclose the size of the investment.

Deutsche Telekom has also bought an unspecific amount of the Celo digital token used on the platform, it said, following major firms such as Tesla Inc to hold cryptocurrency in their coffers.

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