On Wednesday, the leading crypto industry firm, Bitcoin.com, announced it has concluded a private sale of its VERSE token and secured $33,600,000 from strategic investors.
This week, Bitcoin.com revealed that it has completed a private sale of its VERSE token and raised $33.6 million from participating investors.
On May 5, 2022, Bitcoin.com announced that it completed a private token sale and raised $33.6 million from firms like Digital Strategies, Blockchain.com, Kucoin Ventures, Redwood City Ventures, 4SV, and Boostx Ventures.
Dennis Jarvis, Bitcoin.com’s CEO, explained in a statement that the token will add a significant amount of utility and value to the firm’s multiple finely-tuned crypto services.
“Since 2015, Bitcoin.com has been a leader in introducing newcomers to crypto and guiding them along their crypto journey.
VERSE is user-centric and adds tremendous value across our range of crypto products and services including the Bitcoin.com self-custody wallet app, the Bitcoin.com Exchange, the Verse DEX, Bitcoin.com News, and our upcoming crypto-enabled debit card.
VERSE tokens are similar to the likes of crypto utility tokens such as BNB, CRO, or FTT.
Justin Chou, the chief investment officer at Kucoin Ventures, believes the crypto industry will be bolstered by well-known and reliable brands.
In addition to the recent private sale, the public sale is scheduled for June 2022 and 12,600,000,000 VERSE tokens will be available.
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