Social crypto trading platform Blockport has announced that it plans to launch a multi-stage security token offering (STO) starting in March 2019.
The company kicked off 2019 by moving out of the beta version of its exchange. Now its goal is to raise at least 15 million EUR from the token offering. The goal for the first round of the offering is raising 5 million EUR in the European Economic Area and the United States.
To be held on the Tokeny security token issuance platform, the Blockport STO will include separate offerings to
- accredited investors in the United States and
- to participants in Europe and other jurisdictions.
Last year, Blockport held a successful utility Blockport Token (BPT) sale.