Bitbond the first BaFin approved Security Token Offering this month closed its sale, raising €2.2million by nearly 1,300 investors. The offering commenced on 11 March, representing a sale duration of 119 days.
In further statistics, Bitbond shared some of the STO outcomes by the numbers:
- Investors from 87 countries
- €32,000+ earned by affiliates
- 14,500 Telegram Group Members
- Thousands of confirmed investors
- Over 1,000 news articles published
Founded in 2013, Bitbond is a global marketplace lending platform for small business loans. The company uses blockchain technology in order to connect both investors and borrowers allowing their service to operate around the world without the need for banks.