Home Blockchain News $50 Million: Blockstack Files for 1st Ever SEC-Approved Crypto Token Sale

$50 Million: Blockstack Files for 1st Ever SEC-Approved Crypto Token Sale

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Blockstack, a firm that’s working on offering a decentralized, tokenized computing network (to facilitate decentralized applications) has applied with the SEC to provide a $50 million token sale later this year. If approved, the company would be the first in the blockchain industry to use the SEC’s Regulation A+ framework. They are among the first to seek SEC approval before doing anything, although we heard earlier this week about a small private airline that received a tacit “go-ahead” from the SEC with severe limitations. Blockstack has chosen to go an alternative route, in which they’ll be able to offer full-blown

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