Blockstack recently announced that it raised approximately $15.5M in the first-ever SEC-qualified token offering under Regulation A and raised another roughly $7.6M in a strategic round in Asia.
One of Blockstack’s goals for the offering was to open the network to the general public, not just accredited investors. In doing so, they reached an audience that went beyond anything that CoinList has previously supported. Some data:
- This sale was broad. Over 4,500 purchasers participated in this offering. This is more than 2x any previous CoinList-supported token sale. Including Filecoin.
- This sale was global. Counting non-U.S. participants alone, it would still be the largest audience to participate in a CoinList-supported token sale.
Blockstack wanted to engage a broad global audience and it was inspiring to see them work so hard to achieve that goal. Congratulations to Muneeb and the team. All of us at CoinList are proud to have played a small part in helping Blockstack realize its vision of a decentralized future.
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