The largest manufacturer mining equipment Bitmain has invested an undisclosed sum in the data storage in the blockchain startup Lambda, according to the Finance Magnates.

Earlier this month, Lambda launched the initial range of coins (ICO). Tomenselo was preceded by a round of financing, which was attended by FunCity Capital, BlockVC, BlueHill, Zhen Fund, VC Metropolis, Dfund and DATA Foundation.

As noted on the website of the Lambda company specializiruetsya on infrastructure solutions based on blockchain technology, including decentralized applications for sensitive data storage with “unlimited scalability”.

“Storage is an interesting direction of development of blockchain infrastructure. Technology vision Lambda, realistic roadmap and progress to date the progress are today the key factors for us”, — said the representative of Bitmain.

Recall, according to Bloomberg, in September Bitmain plans during the IPO to raise $3 billion. However, CoinDesk saying that the Chinese giant intends to raise $18 billion, resulting in a capitalization range from $40 billion to $50 billion.

ForkLog also previously reported that according to many experts, Bitmain in the second quarter of 2018 have suffered significant losses due to excessive domination of the Bitcoin Cash in the investment portfolio.