Bitcoin.com’s Private Token Sale Raises $33.6 Million
This week, Bitcoin.com revealed that it has completed a private sale of its VERSE token and raised $33.6 million from participating investors. For over seven years, Bitcoin.com has been an industry leader when it comes to blockchain technology and cryptocurrency solutions. Bitcoin.com provides crypto exchange services, educational resources, a non-custodial wallet, and news. VERSE is meant to enhance the company’s growth by rewarding VERSE users for participating in the myriad services Bitcoin.com has to offer. Perks include rewarding the crypto community with VERSE for things like buying, selling, and swapping digital assets.
VERSE will be released this summer as an Ethereum-based (ERC20) token with cross-chain compatibility. Just recently, Bitcoin.com revealed the introductory web portal getverse.com and VERSE white paper, in order to give the crypto community details about the VERSE launch. On May 5, 2022, Bitcoin.com announced that it completed a private token sale and raised $33.6 million from firms like Digital Strategies, Blockchain.com, Kucoin Ventures, Redwood City Ventures, 4SV, and Boostx Ventures.
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