 | Bitbond (BB1)STO Blockchain Lending Platform to announce STO of Tokenized Bonds IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
|
OpenWhat is Bitbond
The Bitbond Token (BB1) is Germany's first security token and aims to make business lending globally accessible. The issuer of the token is Bitbond Finance GmbH, a company fully owned by Bitbond GmbH. Token holders will receive 1% interest on their invested amount every quarter (4% per year). Additionally, token holders receive a variable coupon paid out once per year. Both the quarterly and the annual coupons continue for 10 years, at which point the token reaches its maturity and is bought back at its face value of 1 per token.
DetailsPublic sales: Mar 11, 2019 - Jul 08, 2019Token supply: 100,000,000 Soft cap: 44,860,100 USD Hard cap: 112,150,000 USD Raised: 2,242,454 USD LegalCountry limitations: Canada, United StatesRegistration country: Germany Registration year: 2013 Office address: Strelitzer Str. 60 10115 Berlin Germany | Token infoTicker: BB1Type: Security Token price in EUR: 1 BB1 = 1 EUR Accepted currencies: EUR,ETH,BTC,XLM Token distribution: 100% - Public Sale Funds allocation: 80% - Investment Vehicule Bitbond Finance GmbH 10% - Bitbond GmbH 10% - Marketing and Administration |
Bitbond Roadmap
Launch of Bitbond as a peer-to-peer lending platform
Kicked-off scoring with transactional seller data from eBay
First Seed funding round led by Point Nine Capital
Bitbond obtains a license by German financial regulator BaFin
Further equity and first institutional debt funding by Hevella Capital
Rolled out enhanced cash flow modelling for automated scoring
Start of cooperation with Jumia and Delivery Hero
Averaging 1 Million in loan volume month on month
Launched STO at 12:00 pm and by 00:00am we had reached 1 million EUR in investment
Project team
Social media
