Blockstack Secures $23 Million in First SEC-Regulated Token Sale

Blockstack Secures $23 Million in First SEC-Regulated Token Sale

Blockchain startup Blockstack has raised $23 million in a Securities and Exchange Commission (SEC) -regulated token offering in the United States, along with a strategic investment round in Asia, the company announced on Tuesday. With the fundraising round, the decentralized computing company became the first company to conduct a token offering in the US under the SEC Reg A+ compliance rules on September 9.