The founder and CEO of erstwhile Waterloo, Ont.-based messaging app Kik raised the funds from M13 and Union Square Ventures, with participation from Dapper Labs CEO Roham Gharegozlou. Code plans to use the money to create a micropayments platform for online creators. (The Logic)
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The founder and CEO of erstwhile Waterloo, Ont.-based messaging app Kik raised the funds from M13 and Union Square Ventures, with participation from Dapper Labs CEO Roham Gharegozlou. Code plans to use the money to create a micropayments platform for online creators. (The Logic)
Talking point: Despite setbacks, drama and a bruising legal settlement against his former company, Livingston hasn’t given up on his crypto dream—and apparently, neither have investors. Kik was a darling of the Canadian tech community in the mid-2010s. It was also an early crypto pioneer with the launch of its token Kin in 2017, a move that ended with a U.S. Securities and Exchange Commission lawsuit that prompted the company to terminate the vast majority of its staff. In the spring of 2023, Code publicly split from the Kin Foundation, causing the organization to disband.
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