RATE Group | Bitcoin Suisse Raising USD 56M, ‘Free TON’, Zcash Eyes Cosmos + More News
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Bitcoin Suisse Raising USD 56M, ‘Free TON’, Zcash Eyes Cosmos + More News

09 May Bitcoin Suisse Raising USD 56M, ‘Free TON’, Zcash Eyes Cosmos + More News

Posted at 06:25h in Bitcoin News by

Bitcoin Suisse Raising USD 56M, 'Free TON', Zcash Eyes Cosmos + More News 101
Source: Bitcoin Suisse

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Investment news

  • Bitcoin Suisse, a crypto financial services firm, has announced the start of its Series A capital raise. According to the press release, a total of 20% of shares in BTCS Holding AG, the holding company owning all Bitcoin Suisse subsidiaries, are offered for sale at a CHF 275 million (USD 283 million) pre-money valuation. The funds will bolster the company’s current equity capital of CHF 54 million (USD 56 million). Minimum participation is CHF 250,000. Swiss banker Roger Studer and the Studer Family Office will act as lead investor, already opening the first phase, in which “friends & family” subscribed and committed c. CHF 20 million to date.

Blockchain news

  • A “Free TON” network has been launched by a group of mainly Russian developers, after the stall of the…

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