UK Token Advisory Firm TokenMarket to Help DOVU Conduct STO

Token advisory service provider TokenMarket announced on Tuesday that it had reached an agreement with blockchain-oriented DOVU, which focuses on mobility use cases. According to the partnership, TokenMarket will support DOVU with its first security token offering (STO) event.

DOVU, a startup backed by Jaguar-Land Rover’s investment branch InMotion Ventures and UK non-profit organization Creative England, had its token sale event last year and secured $6.2 million. The firm used the funds to build a token, wallet, and marketplace ecosystem revolving around mobility rewards. Earlier this month, DOVU announced its intention to sell 5% of its equity through an STO, which is planned for th…

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