From :: https://www.cryptoglobe.com/latest/2019/07/the-bitbond-token-bb1-receives-isin-shortly-before-the-end-of-the-offer-period/
The Bitbond Token Bb1 Receives ISIN Shortly Before the End of the Offer Period
BERLIN, July 4, 2019 - Germany's first Security Token Offering (STO) issued in March by the blockchain company Bitbond with a securities prospectus approved by BaFin is entering the home straight. The offer period runs until July 8th, 2019. Since the launch of the Bitbond STO, more than EUR 2 million have been raised.
This week the Bitbond Token (BB1) was the first crypto token to receive an international securities identification number - ISIN (WKN A2TR7Q, ISIN DE000A2TR7Q2). For many institutional investors, an ISIN is a prerequisite for a security to be investable and tradable. It is used to uniquely identify securities worldwide.
Bitbond has also concluded cooperation agreements with two renowned crypto exchanges to list the BB1 token for trading. Both exchanges are in preparation to meet the necessary regulatory requirements for listing tokenised securities. Bitbond, together with the two exchanges, will announce the cooperation shortly after all formal legal requirements have been met.
Investors will receive liquidity directly from the distribution of the BB1 token. Trading will be possible via the so-called Stellar Dece
Labels: #bitbond
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