Blockstack has applied to the US Securities and Exchange Commission (SEC) for permission to start selling tokens, which value is worth 50 million dollars. One of the investors will be Harvard University.
Range of products Blockstack was officially approved on April 11, and the company declared its full compliance with the so-called Regulation A + that gives smaller enterprises the opportunity to access capital. The entire offer oscillates close to 295 million tokens. The fund will also participate in the sale of Blockstack tokens Harvard Universityo named Harvard Management, which along with other investors, as announced, will purchase approx. 95,8 million tokens, which allows you to price an investment of up to 11 million dollars.
The Blockstack company based in New York is heading its way towards developing infrastructure for decentralized internet space. The necessary financing for it is necessary, which at the moment can be provided mainly to the enterprise tokens (As capital raising is strictly regulated in the United States, Regulation A + is the best option for smaller businesses) At the same time, institutional entities are increasingly involved in the cryptocurrency market. Among them was the famous Harvard University in recent times, whose involvement in the Blockstack token offer turned out to be quite a surprise for many experts.