Financial technology investment platform BnkToTheFuture claims that the platforms has raised an initial $30 million for its tokenized equity market and due diligence platform in the first three days of BnkToTheFuture’s token private pre-sale open solely to institutional investors. BnkToTheFuture reportedly offers the largest online investment platform for investing in the equity of FinTech, Bitcoin, and Blockchain companies as well as ICOs that have passed a stringent due-diligence and compliance process.
Founded by Simon Dixon, an early entrant into the crowdfunding space, BnkToTheFuture closed shop in the UK and resurfaced in the Hong Kong crypto world. According to BankToTheFuture, the platform “voluntarily deregistered” from the FCA authorization in 2013, as under the FCA the platform could only work with UK businesses and UK investors. As the company aimed to go global, BTTF registered with CIMA and moved to Hong Kong.
Bitcoin Forum has discussed Dixon and his partner Max Keiser at length. Nevertheless, the online investment platform touts 48,000 professional and accredited investors, with over $260 million invested in the funding rounds of FinTech, Bitcoin and blockchain deals listed on its platform including Kraken, BitFinex, BitStamp, and Shape Shift with plans to incorporate blockchain technology in order to allow security token trading in 2018 and issue its BnkToTheFuture token to support deal flow analysis, due diligence, and investor relations on the platform. Sir Richard Branson is featured on the site, noting BTTF’s transparency.
“The ICO boom proved that there is a huge appetite to allocate funds to Blockchain technology when a liquid secondary market exists,” commented BnkToTheFuture CEO Simon Dixon. “If they had the choice I think most would have preferred to trade shares in the company rather than tokens with no shareholder rights. With the current regulatory landscape, we feel the time is right to bring ICO style trading and liquidity to the private equity markets all through a compliance-driven platform.”
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BnkToTheFuture’s public token sale, capped at $3 million, plans to launch on 6 February 2018, limited to those that wish to purchase $1,000 worth of tokens to utilize its membership and $5M, capped at $10,000, has been allocated exclusively for users of BnkToTheFuture.com. Each person pays the same price for the BnkToTheFuture token in all three phases of the Token Sale: private pre-sale for institutional investors, pre-sale for qualified investors from the BnkToTheFuture platform, and the public sale.
BnktotheFuture noted that the platform has a suite of securities business registrations and building a compliance-driven platform and aims to offer real-time access, pricing, liquidity, and a transparent marketplace for trading private equity. The platform noted claimed that its token will grant existing users access to the platform’s multi-tiered membership for qualifying investors to access priority deals and also will act as a reward to other token holders who conduct, on behalf of the platform and community, due diligence on prospective deals, such as sourcing prospects or managing investor relations by giving updates on a listed company’s progress.
BTTF advisors include Smith+ Crown CEO Brian Lio, Unocoin President Sunny Ray and RSK Co-Founder and CEO Diego Gutierrez Zalvidar.
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