Kodak's Stock Soars Over 100% After It Announces Its First Cryptocurrency

Kodak, the iconic photography company, has announced that it is launching its very own cryptocurrency, the KodakCoin.The move has seen the company’s stock jump rather sharply - at one point it had risen over 120%.According to Kodak, its reason for entering the newly emerging market of digital currencies was that it wanted to create a, “encrypted, digital ledger of rights ownership for photographers to register both new and archive work that they can then license within the platform.&