Blockchain traceability company Everledger raised $7 million bridge loan provided by the British government and Tencent

London-based blockchain traceability company Everledger announced that it has raised US$7 million in bridge loans through the British Government’s Future Fund and Chinese technology giant Tencent. Everledger CEO Leanne Kemp revealed that a partnership with a Chinese e-commerce company will be announced later this year. At the same time, the company announced the upgrade of the Everledger platform to support the recovery of the diamond industry during the new coronary pneumonia pandemic. The platform will now allow buyers to search based on certificates, sustainability trails and compliance standards. The newly added function is positioned as a “demand generation” function and includes a matching production tool. According to previous reports from Chain News, in September last year, Tencent participated in Everledger’s $20 million Series A financing and planned to launch the world’s first WeChat applet for blockchain jewelry tracking. Everledger lists 7 industrial solutions including diamonds, gemstones, wine and art on its website, and its clients include the American Gemological Institute, Hong Kong Jewelry Group Chow Tai Fook, Fred Meyer Jewelers and Pact and Moyo Gemstones.