BnkToTheFuture Raises $30M in Presale to Add Security Tokens in 2018 – Blockchain News
BnkToTheFuture, a financial technology investment platform announced last week it had raised USD 30 million in a presale phase of its initial coin offering (ICO), open to institutional investors. BnkToTheFuture will launch a public crowdsale with a minimum investment threshold of USD 1,000 and a fundraising cap of USD 3 million on Feb. 6th, 2018.
Based in the Cayman Islands, BnkToTheFuture is selling a token, /BF, in its ICO. The /BF tokens grant access to the BnkToTheFuture platform and allow higher tier members early access to priority deals and will serve as a means of payment for community driven due diligence.
BnkToTheFuture provides an online investment platform for investing in blockchain and fintech companies, as well as ICOs that have passed a due diligence and compliance review process. BnkToTheFuture is used by over 48,000 accredited and professional investors and has seen over USD 260 million invested in hundreds of major projects include Bitfinex, Kraken, Shapeshift, and BitStamp, according to the company’s press release. The company plans to use crowdsale proceeds to support deal flow analysis and develop the trading of security tokens in 2018.
Simon Dixon, CEO of BnkToTheFuture, said in a statement, “The ICO boom proved that there is a huge appetite to allocate funds to blockchain technology when a liquid secondary market exists. If they had the choice I think most would have preferred to trade shares in the company rather than tokens with no shareholder rights. With the current regulatory landscape, we feel the time is right to bring ICO style trading and liquidity to the private equity markets all through a compliance-driven platform.”
To learn more about the BnkToTheFuture ICO, visit https://bnktothefuture.com/.
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