According to a note from the company, cryptocurrency exchange HubrisOne will launch an equity crowdfunding offer on an equity crowdfunding platform this week. The offering will first be launched to insiders that have downloaded the App. While HubrisOne posted on Medium in December the offering will be live on Crowdcube, CI has received conflicting information as to which platform will host the round. We just know the investment opportunity will “be hosted on an EU regulated crowdfunding platform.” HubrisOne claims that over 13,000 individuals have already registered for access to their platform.
According to their site, HubrisOne is a platform that enables users allows globally to “instantly create EUR, GBP and USD current accounts, connect their existing bank accounts, create up to 200 cryptocurrency wallets and execute cross-border payments on the Stellar blockchain all within a few taps.” Not all crypto exchanges allow fiat to crypto transfers.
The founders explain the genesis of the platform:
“As early cryptocurrency investors, we battled against switching between multiple apps to achieve simple actions. For example, sending money from our bank account to exchanges, waiting multiple days, struggling to spend our cryptocurrencies in-store, waiting multiple days for cross-border transfers and paying extortionate bank fees. We searched and could not find an appropriate solution. There had to be another way.”
So what are the details on the equity offering? Uncertain at this moment but the offering should be available soon and, if you are curious, you can download the App and receive notifications as to when the equity offering is live.
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