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Spanish crypto exchange Bit2Me announced today it successfully closed the first phase of its public ICO (Initial Coin Offering) in just 59 seconds, reaching the figure of 5 million euros raised. The Spanish cryptocurrency platform already raised 2.5 million euros in a private round at the beginning of August. I
In total, Bit2Me has now realized an investment of 7.5 million euros through its B2M token. After the success of the ICO’s first phase, Bit2Me will proceed to the second phase, to begin on September 13th. The third and final phase will begin on September 21st.
Bit2Me issued a total of 500 million tokens on September 6th. In the second phase, 500 million will be put into circulation, and in the third, 250 million. In total, Bit2Me will issue 1.25 billion tokens.
Interest in the ICO was so great in the days leading up to the first phase that the company opened operations in 13 more countries, in order to accommodate 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 that B2M token holders will have is that they will be able to benefit from discounts of up to 90% in commissions, access better conditions in the different associated services, and governance over certain decisions in the future of the company.
“It was very important for us to show that from Spain we can also digitally transform the world in the purest Silicon Valley-style. We are at the forefront of a technology that is revolutionizing the entire planet. We have shown why we are one of the driving forces behind this disruptive proposal.”
– Leif Ferreira CEO & Co-Founder of Bit2Me