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#Post#: 279--------------------------------------------------
Blockstack’s Regulated Token Offerings Raise $23 Million
By: diuk Date: September 11, 2019, 6:06 am
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Blockstack has raised more than $20 million in a token sale
approved by the U.S. Securities and Exchange Commission, the
company announced Tuesday.
In a blog post, Blockstack co-founder Muneeb Ali wrote that the
company’s Reg A+ compliant token offering concluded on Sept. 9,
and combined with a strategic investment round led by Hashkey
Group and SNZ, raised a total of $23 million.
“More than 4,500 individuals and entities participated in the
2019 token offerings,” Ali wrote. “Blockstack PBC has entered
into agreements for more than $23M in these offerings (including
both our SEC-qualified token offering and our offering to
investors outside the United States made under Regulation S).”
HTML https://www.coindesk.com/blockstacks-regulated-token-offerings-raise-23-million
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