The Bitbond STO is a huge success:
- We raised EUR 2 million with over 1,000 investors in just a few weeks
- The Bitbond STO is THE reference case for security tokens in the German and European market and all upcoming STOs will be compared to ours
- The press loves Bitbond, an overwhelmingly large number of positive and comprehensive articles have been written about the Bitbond STO in Germany and all across the world
These milestones make us extremely proud and we are sending a BIG thank you to everyone who invested so far.
At the same time, new investments keep coming in every day. Moreover, we are getting interview requests from the media and speaking invitations related to the STO on a daily basis. We are pleasantly surprised that the awareness for our STO remains so high weeks after launch.
Since every day brings new investors which means more potential liquidity and while there is still so much attention around our STO, we decided to fully utilize the maximum offer period as outlined in section 7.3.5 of the prospectus. This means that investments will be possible until July 8th (and not only until this Friday). After July 8th, we will distribute BB1 tokens to all investors. The first coupon payment on October 1st remains unchanged and is the same for all investors, regardless of when someone invested in the BB1 token.
What’s important to understand: investors stand a higher chance of getting better liquidity the more money we raise. The BB1 token is not an equity instrument or an ICO token which would suffer from dilution. The more STO funds are raised, the more SMEs can get funded and the better the economics for all token investors become.
Additionally, we have 2 exciting items of news to share.
- To reward the crypto community for their support and to maintain attention for the STO at a high level over the next weeks, we were hard at work designing a highly attractive bounty program. The program will go live shortly and will be announced separately.
- Many investors are asking us on which exchanges the BB1 token will be listed. First of all, the Stellar Decentralized Exchange (SDEX) will be accessible to everyone who holds the Bitbond token which means instant ability to trade. Additionally, we have already signed an agreement with one big crypto exchange and are in advanced talks with two others. Most of the exchanges planning on listing security tokens expect to launch in the second half of 2019. The ones that will list the BB1 token are among the first to enter this new market and we are thrilled about being at the forefront of innovation together with them. For investors, this means higher potential liquidity for the BB1 token, further supporting its position as a superior investment compared to many other fixed income products.
As with any new financial service, a lot of legal questions need to be answered about the exchange listing which is why we currently cannot announce any names. But we will keep you posted with updates.
Thank you for reading and for being part of this truly revolutionary project. As a thank you for being with us, you get a 5% discount on your next BB1 token order (valid until May 10th) – simply use the code BB1UPDT in the respective field of your order.
Stay tuned!
The BB1 tokens (the, “securities”) have been and will be offered only outside of the United States to non-U.S. persons, pursuant to the provisions of Regulation S of the U.S. Securities Act of 1933, as amended. The securities will not be registered under the Securities Act, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.
