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 […]

View this post on Instagram

@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: CryptoCrunchApp.com . . . 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

A post shared by CryptoCrunchApp | Crypto News (@cryptocrunchapp) on

Comments

Recommended Stories

A Blockchain Use Case for Crowdfunding

Disrupting Content Platforms: Blockchain Use Case for Original Content

Innovesta Technologies Announces a Strategic Partnership with Achieved.io, Delivering Market-First Solution for Private Investment TechΒ 

Crypto Invest Summitβ€”Los Angeles

The Shift From Fiat Finance To Blockchain: The Era Of Trustless Lending

Crises with Personal Identity Security: A Blockchain Use Case

What is BLOCKCHAIN? The best explanation of blockchain technology

Blockchain Use Case for Real Estate

IBM Introduces integrated suite of supply chain applications