Kik is shutting down its messaging app to focus exclusively on cryptocurrency amid fight with SEC
#Layoffs
Sep 24, 2019
en.globes.co.il
Blockchain co Kik lays off all 70 Tel Aviv employees
#Layoffs
Dec 3, 2018
www.calcalistech.com
Kik Relocates Israeli Crypto Subsidiary to Labs' Tel Aviv Co-Working Space
#Expand
Sep 26, 2017
techcrunch.com
Kik raises nearly $100M in highest profile ICO to date
#Investment
Feb 26, 2017
techcrunch.com
Kik snaps up video chat app maker Rounds for a reported $60-$80 million
#Acquisition #Expand
Jan 26, 2017
www.globes.co.il
Kik buys Israeli group video co Rounds
#Partners #Investment
About
Kin is a blockchain-based ecosystem originally built on top of the Ethereum platform. It was developed by Canadian instant messenger company Kik Interactive to support microtransactions through its Kik Messenger platform.
Kin is operating in Israel through Kik Israel that was founded in January 2017 when Kik joined forces with Rounds, an Israeli mobile video chat company. The group video integration in Kik was the first feature completed by the Israeliteam before the acquisition.
In September 2019, Kik underwent a process of restructuring in which the company shut down its Kik instant messaging app and focused only on the Kin blockchain network.