Kik Relocates Israeli Crypto Subsidiary to Labs' Tel Aviv Co-Working Space
In September 2017, Kik raised $98 million in an initial coin offering of a token called Kin, with the aim of creating a decentralized digital services ecosystem based on the coin
Anat Danieli and Hagar Ravet | 11:34 03.12.2018
Kin, an Israeli cryptocurrency subsidiary of Waterloo, Ontario-based Mobile messaging app Kik Interactive Inc., has leased space at Labs, a Tel Aviv shared office space operating under the Teddy Sagi Group.
For daily updates, subscribe to our newsletter by clicking here.Until now, Kin's offices were located nearby, in the Sarona complex. The company stated the relocation is a result of its plan to recruit 30 additional employees for its Tel Aviv research and development center. The company also has 25 employees in New York and San Francisco.