A Registered Token Offering
Our portfolio company Blockstack tweeted out this today:
After rounds of private comments, we’ve publicly filed for a $50M token offering with the SEC.— Muneeb Ali (@muneeb) April 11, 2019
Upon qualification, our network and the Stacks tokens will be available to retail investors, including the US. https://t.co/OuPVbA4eJt
Given that USV is an investor and one of my partners is on the board, I don’t want to opine on this in any way.
But I do think this is an interesting development in the evolution of tokens as investable assets.
So here is a Coindesk post on this news.