Neufund, a Berlin-based blockchain asset tokenisation and equity investment platform has raised €3 million halfway through its Equity Token Offering. The sum is double the value of offering’s soft cap. The capital injection comes from prolific European investors, namely VCs, angels, and private individuals.
Neufund was established in 2016 as a legally-enforceable link between an on-chain token and real-world equity, making the offer compliant under German jurisdiction. The company’s technology is enabling a virtually incorporated entity worldwide to conduct a public offering in the field of Blockchain. The funding is seen in a positive light especially when the public offering of Neufund’s parent company, Fifth Force GmbH, ends on December 16th.