A startup raised $59 million in a token sale to usher in the next generation of crypto
|02/12/2018||Posted by BusinessMediaguide.Com under General World News||
- Polymath, a blockchain company looking to revolutionize the crypto world, just raised $59 million in what might be the first SEC-compliant token sale.
- A portion of the token sale went towards building a platform that would help companies create their own securitized tokens.
Polymath, a startup that wants to usher in a crypto revolution, has raised $58.7 million in a token sale, according to a filing with the Securities and Exchange Commission.
The token sale, which was open to accredited investors, was filed with the regulator as a private placement, a way for companies to raise capital from a read more >>>