Blk Dnm is entering a recent stage of its relaunch with an acquisition.
The Swedish American fashion label, which relaunched in February as a luxury label, has been acquired by blockchain technology company ChromaWay. Terms of the deal, which involves full ownership, weren't disclosed.
That is ChromaWay’s first acquisition in the style industry. The corporate, which was founded in 2014, develops and works with blockchain technology platforms.
“We share that we have the desire to make something that is totally recent in the marketplace,” said Henrik Hjelte, chief executive officer and cofounder of ChromaWay. “I feel that fashion is an industry where you'll be able to invent quite lots so we desired to check out this idea to breach the digital world and...
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