A startup that wants to be the Airbnb for your stuff raised $25 million in a cryptocurrency and cash fundraising round
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Omni
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- Omni, a California storage startup, raised $25 million in a fundraising round led by two cryptocurrency executives and Highland Capital Partners.
- A majority of the money raised by the firm will be in Ripple's XRP.
Two cryptocurrency executives are backing a California startup that wants to be the Airbnb of your stuff.
Omni, a company that allows people to rent out their extra stuff, landed $25 million in a fundraising round, the company announced Tuesday.
Ripple's Chris Larsen and Stefan Thomas led the fundraise, contributing the majority of the amount raised, alongside Highland Capital Partners, a spokesperson told Business Insider. The two executives' contribution was made in Ripple's XRP cryptocurrency.
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Ripple itself did not participate in the fundraise, but the financial technology company plans to serve as a strategic partner to Omni.
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