Blockchain technology has gained widespread adoption globally. Over the years, numerous firms from different niche industries have adopted the technology. According to the latest data from adult entertainment and media platform Taboo, the firm has successfully raised $10 million. The fundraising currently values the firm at $250 million.
A private family office spearheaded by a former senior executive from JP Morgan has taken the lead in an investment that will contribute funds towards various aspects of Taboo’s operations. The raised capital will support the company’s growth, improve its products, enhance security measures, implement effective marketing strategies, and potentially pursue acquisitions.