Recruit Invests in Beam, A Confidentiality-conscious Blockchain Provider, through Its New Investment Fund Targeting Blockchain Technology
Recruit Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President: Yoshihiro Kitamura; referenced below as “Recruit”) , an intermediate holding company of Recruit Holdings Co., Ltd., established RSP Blockchain Tech Fund Pte. Ltd., a new fund aimed at rapid investment in blockchain-related startups, in November 2018. Through this fund, it has today finished investing in Beam Development Limited (Beam Development; Headquarters: Israel; CEO: Alexander Zaidelson; hereinafter “Beam”), a provider of blockchains that consider the confidentiality of user information.
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