PR: LAToken Closed Round 1 of the Token Sale at $330m Valuation
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London, August 30, 2017 – LAToken, the first tokenized assets platform, has completed the Round 1 of its Public Token Sale way ahead of schedule at $330 million valuation*. We sold 30,000,000 LATs, raising $9,54 million in 3 days.
LAToken Public Token Sale will be completed in 4 Rounds with the proceeds used for tokenization and trading development of the key asset classes. The price will increase in each round. Round 2 starts on September, 5. We will sell 50,000,000 LATs at 0,0011 ETH. The proceeds will be used for tokenization and trading development of Real Estate. The price for Round 3 will be 0,0013 ETH.
LAToken is a blockchain platform that tokenizes and makes tradeable assets ranging from equity and debt to real estate and works of art. Crypto investors can already trader Apple, Amazon, and Facebook shares, as well as gold and oil on our platform and diversify their portfolios with blue chips, safe heaven assets, and commodities, using cryptocurrencies.
«LAToken bridges the crypto- and real economies by enabling our clients to trade real assets in cryptocurrencies. This will make markets more efficient, transparent and cost effective. We are happy that so many people share our vision and believe in LAToken», — says Valentin Preobrazhenskiy, CEO of LAToken.
LAToken attracted top-notch experts from global financial institutions, IT and security companies to its Advisory Board, that now includes Bradley Rotter (Rivetz), Anish Mohammed (Hyperloop), Hague Van Dillen (Franklin Templeton). Just a few days ago the former COO of UBS and Senior Regulatory officer of Deutsche Boerse Cecilia Mueller Chen joined our team to advise on legal and regulatory compliance.
LAToken transforms access to capital and enables cryptocurrencies to be widely used in the real economy by making real assets tradable in crypto.
We decentralize capital markets, making them more transparent, efficient and sustainable, while removing the cost of traditional middle men and “too big to fail” institutions.
This results in smarter capital flow, empowering people across the world to bring their most productive ideas to life for the ultimate benefit of society.
Tel: +44 7509 764697
* with frozen tokens taken into account
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