Blockstack Raises $23 Million USD in First Regulated Token Providing


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Blockstack has raised $23 million USD within the first-ever token providing accredited by the US Securities and Alternate Fee.
Blocskstack PBC, which is a decentralized computing community aiming to antiquate knowledge breaches and belief violations, first introduced the token sale in July, having obtained SEC approval to boost as much as $28 million USD in a Reg A+ compliant providing. The breakdown of the token providing consisted of $15.5 million USD raised via the sale of  74.three million Stacks tokens via its Reg A+ sale within the US, and a further $7.6 million USD via the sale …
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