I hope everyone here knows that there will be at least 143k~ tokens locked away for quite some time.
According to ICOrating.com :
ICORating decided to raise Chronobankโs investment rating from stable to stable + thanks to the following events:
on December 15 AXL Strategic Partners, a company which specializes in the evaluation of start-ups and high-risk business investments, invested $ 1.1 million in Chronobank.AXL Strategic Partners is part of AXL Group Holdings which specializes in areas such as a juridical and legal support (
http://axllegal.com.au/ ), assistance in investment deals for Australian and international investors, loans and investments in real estate (
http://axl.financial/).
AXL Strategic Partners was founded in 2006 and was registered on the ASIC (The Australian Securities & Investments Commission, the only Australian state financial regulator that controls all financial market participants, including companies and individuals.)
To date, it is a unique case when a third-party institutional investor invests in the project during the ICO stage and choses to buy tokens instead of shares of the company.
This move demonstrates the fact that the potential of Chronobankโs business model was valued not only by the crypto-community, but also by traditional venture capital investors.
In more traditional investment terms, AXL Strategic Partners participated in the seed investment round on the general ICO conditions by buying TIME tokens. This demonstrates the confidence of the investment fund in the infrastructure that was created by Chronobank founders.
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