Bitstamp Seeks $1.2 Ane Grand One Thousand On Online Investment Platform Bnktothefuture

Bitstamp, i of the few fully-licensed bitcoin exchanges inwards Europe, has launched an investment movement on BnkToTheFuture platform. The Luxembourg-regulated telephone substitution is looking to heighten almost $1.2 i G m from investors, “we are looking for USD 1.2M of investment inwards supply for 2% of equity, which puts the pre-money valuation at USD 60M,” explains Vasja Zupan, Chief Operating Officer at Bitstamp.

Bitstamp initial investors in addition to staff, including Vasja Zupan in addition to CEO Nejc Kodric, currently concord some 138,345 shares. The fundraising movement volition add together an additional 2767 shares at an initial cost of $433.70 per share, assuming the entire ii per centum of equity on offering is absorbed past times investors inside the adjacent 50 days. Investors who commit less than $10,000 volition have Class B shares, spell investors inwards a higher house this threshold overstep away Class H5N1 shares, which bear voting weight in addition to several other benefits such equally Drag Along Rights.

At press time, the Bitstamp campaign has raised $156,175 from 51 backers. According to statements past times Vasja Zupan made on the BnkToTheFuture forum, Bitstamp doesn’t intend to brand the shares tradable:

“As yet, nosotros convey no plans to brand these shares tokenised in addition to tradable on our exchange.”

The 38-employee Bitstamp is i of the few bitcoin exchanges that has showed a steady increment of active traders over the past times v years.

While the pitch offers enough of details on the existing shareholder construction of Bitstamp, specifics are lacking on how the novel funds volition live on used to brand the telephone substitution to a greater extent than profitable.