UK-based digital asset wallet Mode to shut down
Mode says it is winding down its services “due to unsuccessful funding and difficult market conditions”.
Mode says it is winding down its services “due to unsuccessful funding and difficult market conditions”.
Loureda will be tasked with helping Mode enhance its digital wallet offering.
Education and regulatory clarity are key to mass adoption of crypto, Mode CEO Rita Liu says.
With an IPO looming, Mode has got a busy year of business ahead of it.
Mode anticipates a valuation of around £40 million.
Mode is one of R8’s two entities.