Back in 2016, Neufund, a challenger, blockchain-enabled investing and fundraising platform was founded to democratises access to capital for innovators and entrepreneurs & makes investing easy, safe, and accessible to everyone.
In the latest development, the Berlin-based startup has successfully closed the offering of e-mobility leader, Greyp, attracting a total of 1017 investors from 34 countries.
It’s worth mentioning that, with a minimum investment of just €100, it was the first-ever fully-compliant, blockchain-based Initial Public Offering (IPO) accessible to retail investors. The offer was conducted under the laws of Liechtenstein.
Neufund will now distribute the earnings from the first offer (3% of capital raised, 2% of equity issued) pro-rata to all NEU token holders, who are economic co-owners of the platform. Last year, the company disbursed proceeds worth over €111,000.
Also, Neufund announced that the next issuer would be Black One Entertainment, a Funkhaus-backed one-stop entertainment ecosystem. €17.4 million has already been deployed through Neufund, and more than 11,000 investors from 111 countries have registered since the platform’s launch in 2018.
Neufund CEO and co-founder, Zoe Adamovicz, said:
It’s an exciting day for Neufund and a huge step forward for the security tokens industry at large. We have proven that private companies can effectively use blockchain IPOs whilst lowering the barrier to entry for retail investors. Neufund is the future of stock exchanges.
Main image credit: Neufund
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