Atlassian is expanding its blockchain platform to include investment opportunities.
Atlassian, which has grown to become one of the biggest developers of open-source software, announced Wednesday that it is adding to its blockchain portfolio investments to help companies reach a wider audience.
The new investment platform, which is available in the U.S. for $250,000, allows companies to invest via a token that is created and traded on a blockchain.
The tokens can be used to buy stock, pay employees, and manage other aspects of their business.
Atlassas new investment in blockchain follows an earlier announcement in October from the company that will invest in a blockchain-based insurance company.
The announcement comes as blockchain startups continue to develop and gain traction.
This week, for example, two of the most prominent blockchain startups announced they will be launching their own investment funds.
This follows the recent announcement by Nasdaq OMX Group LP and the Nasdaq Venture Fund that will create a token-based funding vehicle for startups seeking to invest their money in companies and technologies that are in line with their interests.
The Nasdaq fund is currently focused on funding tech startups, but will be expanding to include blockchain startups as well.
The blockchain-related investment opportunities are just the latest in a long line of investments that have been made by Atlassian to help businesses grow and grow.
Atlassing investment portfolio will allow Atlassian and its partners to leverage the power of the blockchain technology in a way that helps them attract the best talent from around the world, said Jim O’Neill, co-founder and CEO of Atlassian.
“We want to help our companies build the strongest businesses and our communities around the globe,” he said.