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Germany's First STO


neich

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Posted

Hello everyone, 

Recently I discovered this STO called Bitbond. They are Germany's first STO with a BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht. It is the German financial regulation authority) approved Prospectus and will be using BitGo’s Business Wallet. I am curious what you think about the project. Do you think STO's are the next evolution in ICOs? Or just a rename? You can look at the article below.  

https://www.bitbond.com/resources/bitbond-works-with-bitgo

Also if you want to visit their website, you can do that by clicking here - https://www.bitbondsto.com 

They have already raised 1.8 million Euros according to their website and they are in their fundraising phase.

Posted

Hmm, never heard of this before, or any country (besides Germany now) who have started developing their own crypto products. I guess they must be one of the first countries to start with this type of development.

Posted

This seems like a step forward for Bitcoin I would say, it is quite a large amount to be raised already for a first of its kind venture company in Germany. :D

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