June 2020 Retrospective

With the STKR token distribution, StakerDAO became the first company to move “tokenized Equity” on Tezos!

STKR Distribution

During June, we distributed our STKR tokens, to investors, becoming the first company to move “Tokenized Equity” on Tezos! This marks a major milestone for the Tezos Blockchain and the digital-asset economy at large. The distributed STKR tokens represent investors’ equity in StakerDAO’s Seed Round and the first closing of the Series A round, co-led by Polychain and Lemniscap. Based on the current value of $13.30 per token, STKR has a market capitalization of $20M.

“We are excited that StakerDAO has become the first company to tokenize their equity on Tezos,” said Hubertus Thonhauser, Chairman of the Tezos Foundation. “The fact that they are using a tokenized DAO model to govern the launch of financial assets on Tezos illustrates the tremendous potential for community-controlled asset creation and management.”

Galleon Wallet

You can read more about the STKR distribution on coindesk: “Tezos-Based DAO Goes Live With Launch of STKR Token” by William Foxley.

June events

We participated in many (virtual) events, including The Mainnet by Messari, Tezos and Hong Kong, Tokyo, and Korea meetups that featured Jonas Lamis and StakerDAO, AIBC Asia digital summit, and our webinar “Building Crypto Baskets” by Christian Arita.

If you missed Jonas’s panel at The Mainnet “The Economy of DAOs,” you can watch it here at your convenience.

To learn more about June events and our future events, visit the “StakerDAO Events Calendar”.

We have more products in the pipeline and while discussions related to them begin across all of StakerDAO’s social media channels, the majority of discussions occur on our Forum and Telegram.

We welcome you to join the conversation and take part in shaping the future of decentralized finance!

We want to use this opportunity to wish the global community lots of health.
The StakerDAO team.

Stay tuned to more StakerDAO news
Telegram channel: @stakercommunity
Twitter: StakerDAO
Reddit: r/Staker_Governance
LinkedIn: @StakerDao

*StakerDAO is a tradename of Staker Services Ltd., a Cayman exempt corporation. References herein to StakerDAO are to Staker Services Ltd.*

***This notice does not constitute an offer of any securities for sale. BLND is not offered and may not be sold to or for the benefit of any “U.S. person” as that term is defined under U.S. securities law. If you are a U.S. person you may not purchase BLND.***