It looks like the Amsterdam-based blockchain startup Blockport is facing a financial crisis. The company has declared bankruptcy after the failure of its security token offering (STO) to meet the minimum expectations in May.
Amsterdam-based blockchain startup Blockport was founded in 2017 by Kai Bennink, Sebastiaan Lichter and Zowie Langdon in Amsterdam. It was established with the aim to build a user-friendly exchange for cryptocurrency trading in an effortless manner. The company has the vision to make everyone access blockchain and cryptocurrency. But it looks like it is facing a rough patch now.