Blockchain Startup Blockstack Raises a Whopping $23 Million In SEC-Qualified Reg A+ Token Offering

More than 4,500 individuals and entities participated and ponied up more than USD$23 million in the first US Securities and Exchange Commission (SEC) qualified and regulated Regulation A+ token offering issued by Blockstack PBC (including both their SEC-qualified token offering and investors outside the United States made under Regulation S). Major investors include Union Square Ventures, Lux Capital, Recruit Holdings, Arrington XRP Capital, Hashkey Group, Fenbushi Capital, Frontier Ventures, Spartan Group, and various other […]

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@CryptoCrunchApp – SEC Clears Blockstack to Hold First Regulated A+ Token Offering.πŸš€πŸš€πŸš€πŸš€πŸ”₯πŸš€πŸš€πŸ”₯πŸš€πŸš€πŸ”₯ . . The token offering could be a way forward for other startups looking to raise using SEC-approved funding rules. This appears to be one of the first SEC-approved the First Regulated A+ token offerings on the market and will chart a way forward for US small business funding in the future. Founders Muneeb Ali and Ryan Shea told WSJ reporter Paul Vigna that they spent $2 million to get approval for the sale. The Reg A+ platform lets companies raise up to $50 million from retail investors as opposed to only from so-called accredited investors.πŸ‘‡πŸ»β¬‡οΈβ¬‡οΈβ¬‡οΈβ¬‡οΈπŸ‘‡πŸ»πŸ‘‡πŸ»πŸ‘‡πŸ»πŸ‘‡πŸ»β¬‡οΈβ¬‡οΈ . . . πŸ“Έ follow @cryptocrunchapp . . πŸ“– Read more: . . . checkout #cryptocrunchapp . . . #bitcoin #btc #eth #ethereum #crypto #cryptocurrency #blockchain #entrepreneur #investor #invest #trading #forex #stocks #stockmarket #altcoin #cryptonews #trading #coinbase #binance #money #finance #technology #lambo #bank #cryptonews #blockstack #sec

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