The US firm said it was teaming up with London-based Wenn Media Group to carry out the initial coin offering (ICO).
It is part of a blockchain-based initiative to help photographers control their image rights.
Kodak is the latest in a series of companies to see its value jump after revealing plans for blockchain-related activity.
Kodak developed a digital camera in 1975, but decided not to commercialise the technology at the time, and its hesitation to leave behind its film heritage is thought by some to have contributed to it filing for bankruptcy protection years later in 2012.
If you are considering a company merger, acquisition, takeover or joint venture or are in the midst of a shareholder dispute or share capital transaction or need business advice please contact us. Call 0161 785 3573 to speak to John Porter and Soibi Iketubosin in our Company/Commercial Department or email jap@wrigleyclaydon.com or si@wrigleyclaydon.com




Latest posts by Shalish Mehta (see all)
- Liverpool Football Club win High Court Case against marketing firm which introduced them to BetVictor - 14th January 2021
- COVID-19 vaccine: UK government gives Pfizer legal indemnity to protect it from being sued - 3rd December 2020
- Harry Dunn’s parents lose high court legal challenge over immunity case - 3rd December 2020
- Dementia in Football: Taskforce to be created by PFA to examine issue of brain injury diseases - 2nd December 2020
- Economy Adviser initiates legal proceedings against the government over the closure of hospitality venues - 24th October 2020