Digibyte Raises $250k to Develop Altcoin for Retail Payments

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The development team behind the digibyte cryptocurrency project has received $250,000 in private investment and inked a new strategic partnership with Hong Kong-based web developer Tofugear.

The funds will be used by the digibyte developers as part of a push to upgrade the core functionality of the project's code and develop new services on top of its infrastructure. The announcement coincides with the launch of two digibyte-focused startups: DigiPay LLC in California and DigiTrade International Limited Hong Kong.

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