Telecom Giant Deutsche Telekom Invests In Celo Blockchain

Published on: 21.04.2021

Telecommunications and crypto go hand in hand in this new investment

Deutsche Telekom, a leading European telecommunications company with 242 Million mobile customers invests in crypto network CELO. 

CELO with its open source platform to build global payments infrastructure specifically for mobile use has attracted the telcom giant.

The telcom firm will support the Celo network in building infrastructures that will rival other mobile P2P apps. 

This new investment from a big telecom company will help in further boosting Celo in achieving its goal of giving mobile users easy access to crypto especially to developing countries.

 

#SmartCrypto

 

Market Stats:
BTC Dominance: 61.2%(+0.16%/24h)
ETH Dominance: 8.53%(-0.21%/24h)
Defi Market Cap: $78.2B(-17.80%/24h)
Total Market Cap: $2670.25B(+0.64%/24h)
Total Trading Volume 24h: $119.48B(-23.67%/24h)
ETH Market Cap: $228.24B
Defi to ETH Ratio: 34.26%
Defi Dominance: 2.83%
Altcoin Market Cap: $1036.18B
Altcoin Volume 24h: $71.62B
Total Cryptocurrencies: 34057
Active Cryptocurrencies: 10684
Active Market Pairs: 101172
Active Exchanges: 805
Total Exchanges: 10199
BTC: 82387.25$(-0.06%/1H)
ETH: 1888.54$(-1.35%/1H)
AVAX: 17.77$(0.62%/1H)
BNB: 555.46$(-0.19%/1H)
MATIC: 0.22$(0.16%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.73$(-1.29%/1H)
DOT: 3.99$(-0.46%/1H)
UNI: 6.01$(0.47%/1H)
CAKE: 1.52$(-0.25%/1H)
SUSHI: 0.6$(-0.29%/1H)
ONE: 0.01$(0.41%/1H)