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Spanish cryptocurrency exchange Bit2Me announced today that it has successfully closed the first phase of its public ICO (Initial Coin Offering) in just 59 seconds, raising €5 million. The Spanish cryptocurrency platform has already raised €2.5 million in a private round at the beginning of August. I
In total, Bit2Me has now generated an investment of €7.5 million with its B2M token. After the success of the first stage of the ICO, Bit2Me will move to the second stage, starting on September 13. The third and final phase will begin on September 21.
Bit2Me released a total of 500 million tokens on September 6. In the second stage, 500 million will be traded, and in the third stage, 250 million will be traded. In total, Bit2Me will issue 1.25 billion tokens.
The interest in ICOs was so great in the days leading up to the first phase that the company opened its operations in 13 other countries, in order to meet the demand.
As such, citizens of Uruguay, Panama, Colombia, Bolivia, Puerto Rico, Costa Rica, Ecuador, Guatemala, Honduras, Jamaica, Dominica, Martinique and Guyana had the opportunity to invest in B2M.
One of the advantages for B2M token holders is that they will be able to benefit from discounts of up to 90% in commissions, access to better conditions in various associated services, and to govern certain decisions in the future of the company.
“It was very important for us to show that from Spain we can also digitize the world in the purest Silicon Valley fashion. We are at the forefront of technology that is revolutionizing the entire planet. We have shown why we are one of the driving forces behind this disruptive proposal.”
– Liv Ferreira, CEO and Co-Founder of Bit2Me
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