2018-10-26 17:29 |
Spiking received a great reception from investors as the blockchain platform that lets users follow crypto whales received $30 million from its private token sale. The blockchain-based asset validation and AI driven crypto trading infrastructure of the company will be set up in Shatin, Hong Kong. During the private token sale, the units of the company were oversubscribed, showing investors’ confidence in the concept.
Who Bought the Spiking Tokens?Dr. Charlie In, the chairman of a diversified financial company associate, led the new token buyers. The company has interests in electronic monetary institutions, segregated fund portfolio management, pre-IPO investments, a deposit-taking company, investment portals, and wealth planning. He will go on to take an advisory role at Spiking and bring value to the platform from his four decades’ worth of experience as a chairman of major companies. He will provide investment oversight, governance and market access to the blockchain platform.
On joining the company, he said:
“Spiking is well positioned to seize the untapped opportunities in the cryptocurrency market. In particular, Spiking understands the big whales by tapping into financial technology for stocks and blockchain technology for cryptocurrencies. This is a valuable resource for price analytics.”
What Led to the Successful Private Token Sale?Spiking is an award-winning financial technology trading app that tracks the stocks of major investors in traditional markets and enables users to follow in their footsteps. It is now building an app that follows crypto whales (large investors) in the market and tracks their trades. The oversubscription at the private token sale is a milestone for Spiking as it provides validation that traditional equity investors want to diversify their portfolios and explore the cryptocurrency market.
Spiking CEO Dr. Clemen Chiang commented on the event, saying:
“We are humbled by the huge demand for Spiking’s tokens which resulted in the over-subscription. With this momentum, public buyers can look forward to the initial exchange offering on Kryptono Exchange next month, which is an industry leading crypto exchange.”
The company is supported by Mars Blockchain, CRC Capital, Jove Capital, J Capital, and Quest Ventures. The app already has a customer base of 180,000 investors in the stock market. By adding crypto functionality, they can introduce their customers to the world of crypto investing.
The public token sale will begin on November 22 on Thanksgiving Day.
Spiking Private Token Sale Becomes Oversubscribed, Receives $30 Million was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
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