The $US2.3 million investment will give REFFIND an equity stake in Loyyal of between 12.8% and 14.8% and board representation. The deal also gives REFFIND exclusive performance-based licensing rights to Loyyal’s blockchain-based loyalty and rewards platform for select countries in the Asia Pacific region. San Francisco-based Loyyal is the first to leverage the advantages of blockchain for the global loyalty and rewards industry.

https://www.businessinsider.com.au/australias-reffind-just-bought-into-us-blockchain-leader-loyyal-corporation-2017-12