Kik's CEO says the company has spent more than $5 million talking to the SEC about whether its kin ICO was an unregistered securities sale.
Messaging app Kik's users can now begin earning and spending its kin token with the launch of its "crypto-economy," the company said Wednesday.
The Kin Foundation, which governs the cryptocurrency developed by Kik, announced a partnership with Unity Technologies on Thursday.
Kik founder Ted Livingston announced on Wednesday that his company was moving its Kin token app from ethereum to Stellar.
An ICO for tokens that will power development of the social messaging service Kik raised millions in just the first few hours of its sale.
A trio of notable blockchain funds including Polychain Capital and Pantera Capital are investing in a token sale for mobile messaging platform Kik.