Telecom Giant Deutsche Telekom Invests In Celo Blockchain
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.
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