TokenMarket, the investment platform powered by blockchain, has announced that it will officially launch its STO on July 8th.
The fundraise is being undertaken as part of the UK’s Financial Conduct Authority (“FCA”) sandbox. Upon a successful STO completion, TokenMarket will exit the sandbox as a fully regulated investment platform, and will be authorised to help innovative, growth businesses raise capital through STOs.
This marks as one of the UK’s first sales of tokenised equity which will allow investors to buy equity tokens for 30p a share. TokenMarket is aiming to offer access to retail investors, reflecting the company’s commitment to provide global investors with the opportunity to back ambitious, early-stage start-ups and SMEs.
For further information visit TokenMarket.
Founded in 2016, TokenMarket has helped to raise £240m for over 30 start-ups and has expanded across Dubai, Malta and Finland. TokenMarket was created to provide the tools and foundation for blockchain orientated businesses to develop and grow in a thriving and emerging market.