Bitcoin Startup Backer BnkToTheFuture Closes $33 Million ICO
Investing platform BnkToTheFuture has raised $33 million in an ICO – money it will use to launch a token market and crowd-sourced research platform.
The online investment platform is moving clients' crypto and fiat assets to a Hong Kong-based trust company.
BnkToTheFuture invested in a SEC-registered broker dealer to enable U.S. investors participate in security token offerings.
The investment deal will also see Blockpass' anti-money laundering product integrated into BnkToTheFuture's ecosystem.
BnkToTheFuture, a fundraising platform for fintech and blockchain companies, is gearing up to enable security token offerings (STOs).
The crowdfunding effort is said to have pushed Kraken's valuation towards $4 billion.