Neufund Reveals Details of First Equity Token Offering

Neufund, the Berlin-based tokenization service, has released the details of one of Europe’s first Security Token Offerings (STO).

The public sale of the equity-based tokens, named FORCE (FTH), will begin at 11:00 UTC on December 9. The sale will be open to large-scale investors, with a minimum ticket of $100,000. German financial regulations lie behind the reason for the low accessibility of the project, as restrictions in place limit some offerings to avoid hurting the personal finances of small-scale investors.

The sale will have two separate periods: a week-long presale, followed by another week for the crowdsale. The token offering aims to raise between 1.2 million…

This article appeared first on Cryptovest

Like this: Like Loading...