The seo-based cryptocurrency is expected to hit $1 billion in market cap by 2018.
The company has been the beneficiary of a $250 million seed round from Chinese-based Blockchain Capital, which will continue to invest in the company’s efforts.
Seo is known for being the world’s leading cryptocurrency mining platform, with a mining operation that has been operating since 2013.
Its mining operation is currently operated in China, but it plans to expand to other countries, including Russia and Brazil.
Its recent acquisition of the hardware and software development company Black Hat has also been seen as an investment by the company.
Black Hat is a well-known and influential hacking security firm.
Seo recently acquired the company and has invested in its operations, including in the mining equipment.
It also recently announced plans to create a mining pool with a 100-member capacity.
It is unclear if Seo is in the business of selling equipment or operating it as a mining company.
It has already stated that it intends to diversify into blockchain technology, as it aims to build a company that will offer solutions to blockchain applications and technologies, which include smart contracts.
Its future business plans are unclear.
The company’s founder is expected soon to step down, with the company saying it is looking for a new founder.
The announcement comes as the Chinese government continues to pressure foreign companies and governments to do business with Chinese companies.
Seolab CEO Xu Lei wrote in a recent blog post that he was “extremely proud of the Seo team and their ability to overcome the barriers they faced to enter the world of crypto.”
Seolabs co-founder Huang Zhiyu has been involved in several notable blockchain projects, including Seo.
He is the first to join the Seolab board, and his participation in the creation of Seo will allow the company to expand into new areas and improve its operations.