Fintech
Bit2Me Closes the First Phase of its ICO under 1 Minute, Raises 5 Million Euros
Bit2Me became the most successful issue ever launched in Spain after it had raised 7.5 million euros through its B2M token. The Spanish cryptocurrency platform closed the first phase of its ICO (Initial Coin Offering) in 59 seconds, raising 5 million euros. Completed by a 2.5 million raised in a private round in early August, Bit2Me achieved an investment of 7.5 million euros in total.
The highly successful first phase issued a total of 500 million tokens. The company is preparing the second phase of the ICO, similarly issuing 500 million tokens, which will take place on September 13, with the greatest of guarantees. The third and final phase will start on September 21 with 250 million tokens launched. The queue is open to join for both phases and scheduling purchases is also possible through a form available on the website https://bit2me.com/es/token.
The high interest in the ICO in the days prior to the first phase encouraged the company to open operations in 13 additional countries in order to meet demand. This totals over 83 countries from which citizens have the opportunity to invest in B2M, including Uruguay, Panama, Colombia, Bolivia, Puerto Rico, Costa Rica, Ecuador, Guatemala, Honduras, Jamaica, Dominica, Martinique, and Guyana.
“It was very important for us to demonstrate that from Spain we can also digitally transform the world in the style of Silicon Valley. We are the pioneers in a technology that is revolutionizing the whole planet. We have demonstrated why we are one of the engines driving this disruptive proposal”, says CEO and Co-founder, Leif Ferreira.
One advantage for B2M token holders is that they will be able to benefit from discounts of up to 90% on commissions, access better conditions for various associated services, and play a role in governance for certain decisions in the company’s future.