An electric scooter startup called Spin is trying to raise close to $125 million in what’s called a security token offering (STO), which sells tokens backed by real-world financial instruments, according to Axios and confirmed by TechCrunch. The STO marks a new phase in funding following initial coin offerings, TechCrunch observed. STOs provide more security
The post Electric Scooter Startup Spin Seeks $125 Million In ‘Security Token Offering’ appeared first on CCN
source https://www.ccn.com/electric-scooter-startup-spin-seeks-125-million-in-security-token-offering/
Comments
Post a Comment