California Software Company Limited, also known as Calsoft in India, approved the JV request by Infinia Solutions & Services to launch a blockchain based cryptocurrency from India through ICO.
This is the first ever market listed company to undertake any such project. While the matter is on planning stage, but it indicates the changing market dynamics and institutional adoption of blockchain technology.
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http://www.bestico.in/2018/04/calsoft-board-approved-jv-proposal-to_4.html