Monday, November 18, 2024
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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 our SEC-qualified token offering and investors outside the United States made under Regulation S). advertisement Major

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First-Ever SEC-Qualified Token Offering in US Raises $23 Million

Blockstack PBC, a decentralized computing network, announced that it managed to raise more than $23 million in the first-ever U.S. Securities and Exchange Commission (SEC)-approved token offering.Participation from U.S. retail investorsMuneeb Ali, co-founder and CEO of Blockstack PBC wrote in a blog post on Sept. 10 that the blockchain-based

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