Listed mining company Quantum Blockchain has completed a financing round of approximately $2.4 million.

BlockBeats reported on October 31 that Quantum Blockchain, a listed mining company on the London Stock Exchange, has raised £2 million (approximately $2.4 million) through a new share placement. The new funds will be used to advance its research and development plans by increasing recruitment, acquiring new hardware, and increasing software development, and may also establish cloud service infrastructure in North America.