BaFin Approves Infinite Fleet STO For German Retail Investors

We’re excited to announce another big milestone for the Infinite Fleet security token offering (STO): EXOeu has been approved for the German market by BaFin, making our offering on STOKR available to German retail investors with immediate effect.

This marks the first time BaFin has given its approval for an STO issued on a Bitcoin sidechain. EXOeu operates on the Liquid Network, a sidechain of Bitcoin designed to provide high and stable transaction speed and confidentiality. EXOeu utilizes Blockstream AMP, which enables the issuance of security tokens on Liquid, bringing the network’s benefits to the world’s capital markets.

To date, we have raised over $7.3 million through the sale of the EXO token. We raised $3.1 million in our seed round and have reached a total of $4.2 million in the current $12 million round.

BaFin’s approval allows us to further increase the accessibility of EXOeu to include German investors passionate about gaming and security tokens. This is a big step for our pursuit to democratize investing in Infinite Fleet; it’s also a powerful precedent for the future of capital markets, which we believe will be built on Bitcoin.

You can learn more about the Infinite Fleet offering on STOKR.

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