Stater Blockchain Limited announced that it has received equity funding from new investor, Long Blockchain Corp. (NasdaqCM:LBCC) on March 20, 2018. The investor acquired 9.9% stake in the transaction. As part of the round, Shamyl Malik, Chief Executive Officer of Long Blockchain Corp. (NasdaqCM:LBCC) joined the company's board of directors.