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Kodak surges after announcing plans to launch cryptocurrency called 'Kodakcoin'

Fintech

Kodak surges after announcing plans to launch cryptocurrency called 'Kodakcoin'

Bloomberg Published on Wed, Jan 10, 2018 / 12:26 PM GMT+8

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(Jan 10): Kodak’s latest moment has it joining the cryptocurrency frenzy.

Shares in Eastman Kodak Co. more than doubled after the former camera and film heavyweight said it would launch the Kodakcoin, “a photocentric cryptocurrency to empower photographers and agencies to take greater control in image rights management.”