Published On: Sun, Oct 29th, 2017

Blockchain Retail Startup Pundi X Raises over USD 4 Million to Successfully Complete Pre-sale ICO

Share This
Tags

JAKARTA, Indonesia – October 28, 2017 – Pundi X, a blockchain startup that aims to make cryptocurrencies an enabler of ubiquitous cashless payment environments across South East Asia, has successfully closed its pre-sale ICO with a total of 3,148 ETH, 613 BTC and 250,040 XEM – equivalent to 14,000 ETH or 4 million US Dollars – raised from 615 investors. The full public Initial Coin Offering (ICO) will commence on November 20, 2017.
[Note: This is a press release.]

The pre-ICO cap for the Pundi X ICO is 5% or 14,000 ETH from a total ICO hard cap of 280,000 ETH. ETH is exchangeable with PXS Tokens at a rate of 1 ETH: 500 PXS. Renowned angel investors in the pre-sale ICO include David Lee Kuo Chuen and Lon Wong. Chuen serves as a Professor of Quantitative Finance and is an investor of ZCash, Qtum, TenX, InfoCorp, and OmiseGo; Wong is the President of NEM.io Foundation and CEO of Dragonfly Fintech. Nem currently ranks 7th in the Coinmarketcap.
Zac Cheah, CEO of Pundi X, said:
We are truly grateful to achieve our presale target thanks to the commitment of hundreds of enthusiastic retail investors. Such huge community support gives the team a great deal of pride ahead of the full public ICO, which we …

Read more –> click here all content is copyright Bitcoinist.

Need Bitcoin marketing and PR? Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin or cryptocurrency press release CLICK HERE..

Powered by ABITCO.IN

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

ALL Bitcoin News

Like what you’re reading?

Never miss any breaking Bitcoin news by following us on Facebook and Twitter!


SUBSCRIBE OUR RSS FEED AT: http://abitco.in/feed

×