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The month-long sale has already secured almost 70% of its goal in a period of less than 48 hours.
United States cryptocurrency exchange Kraken is offering equity to users in a fundraiser that raised over $6 million in its first day, statistics confirmed on May 21.
Kraken, which is one of the worldâs oldest exchanges, is using Cayman Islands-based platform BnkToTheFuture to offer equity to vetted investors. These, it said in an accompanying marketing email seen by Cointelegraph, can be any Kraken user, subject to a minimum purchase of $1000.
At press time, Kraken had raised just over âŹ6.04 million ($6.76 million) from almost 300 investors, taking it to two-thirds of its total investment goal of âŹ9.13 million ($10.18 million).
The appetite for Krakenâs shares reflects the market optimism currently pervasive within cryptocurrency as bitcoin (BTC) continues its 2019 bull run.
On the BnkToTheFuture listing, Kraken described itself as having over four million clients, while 2018 volumes topped $85 billion.
âWe are always looking for ways to democratize access to our equity, allowing more of our valued clients to become valued investors,â officials added in a Twitter post on May 20.
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