Bitzumi Launches First Cryptocurrency and Blockchain Related Reg A+
Bitzumi Launches First Cryptocurrency and Blockchain Related Reg A+
Yesterday, Bitzumi announced its Regulation A+ offering with the goal of raising $10 million USD.
Co-founded by James Altucher and Scot Cohen, Bitzumi is a digital content and asset platform that plans to enable users to transact in the cryptocurrency and blockchain marketplace. Bitzumi is building a next generation decentralized exchange and acquiring a network of crypto and blockchain related digital properties.
Bitzumi is offering 4,000,000 shares at $2.50 USD per share giving the startup a post money valuation of over $287 million.
The Company has filed a listing application with the NASDAQ Stock Market to list its common stock following the completion of its Reg A+ offering.
“It is a unique time to invest in the crypto and blockchain business,” said Bitzumi co-founder and executive chairman, Scot Cohen. “We see the trend in global trading volume and search traffic relating to cryptocurrency and blockchain continuing. Bitzumi does not bet on any one cryptocurrency but rather on the growth of the industry.”
“In launching Bitzumi’s Reg A+ offering, we hope to offer all investors the opportunity to participate in what we anticipate will be the next seismic shift in the way all business is conducted,” said Bitzumi co-founder James Altucher.
Learn more HERE.