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19/05/19 06:00 UTC-4

Blockport Exchange announces unsuccessful fundraising for STO, the project falls by 85%

Blockport Exchange announces failed fundraising
Blockport Exchange announces failed fundraising

Blockport's crypto-exchange announced that the first round of the STO fundraising project had failed, leading to a sharp decline in current coin prices.

 

The first failing round

The project expected to attract 5 million euros in one month from investors from the USA and Europe. Initially, Blockport was going to collect 15-30 million euros during several stages of fundraising.

Interesting in the section: ICO and its main characteristics

Blockport STO-token, which would be known as Blockport Securities (BPS), was one of the first STO-compatible for targeted retail investors in Europe.

Blockport crypto-exchange announced the fall of the project by 85%. Blockport also announced that the platform will fail at the end of the month, as the team begins to reduce the volume of operations and development until a potential partnership or a larger firm can help further the development of the company.

Editor: Jerg Wos

See also: "8 largest announcements from the Consensus 2019"

#Exchange #tokens #cryptocurrency #Blockport #STO

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