Lykke adds ChronoBank TIME token support
Swiss Fintech company Lykke has added ChronoBank's TIME labour-hours token to its exchange. Sale of the TIME tokens took place in January and February of this year, and they are now trading just above their initial offering at approximately $9 each. ChronoBank aims to be the "Uber of independent workers", according to the firm. Its platform matches hourly workers with firms that employ them.
Crypto markets ended in negative territory in May as inflationary pressure, jitters on the US regional bank market and lengthy talks to reach a deal on raising the US debt ceiling weighed on investor sentiment.