SwissBorg Raises over €20M with Revolutionary Community-Centric Fundraising
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Lausanne, Switzerland, April 18th, 2023, Chainwire
In a groundbreaking move that has set new standards for fundraising, SwissBorg has demonstrated the power of community-centric approaches in raising funds, outperforming even private and institutional investors. Building upon their earlier success in raising $50 million from 24,000 individuals during their initial coin offering (ICO) held in 2017/18, SwissBorg's Series A fundraising, which closed last Friday, has produced astonishing results.
SwissBorg raised a total of 21,242,064 Swiss Francs and sold 13,651,189 shares to 16,841 investors, reaching a final valuation of approximately 200M Swiss Francs. This remarkable achievement underscores the potential of community-driven fundraising and the importance of engaging the public in the development of innovative companies.
With the SwissBorg app and ecosystem, the company is well-positioned to become the leader in the European crypto market. The platform offers users an accessible and user-friendly experience, enabling them to manage their crypto assets with ease and confidence.
SwissBorg is a forward-thinking company that is dedicated to advancing the Web3 ecosystem. Its platform provides users with easy access to cryptocurrency investments and decentralised finance (DeFi) opportunities, enabling them to benefit from the growth of this rapidly evolving industry.
SwissBorg's unique positioning allows it to take on Web3 in a way that other companies can't. With a community-centric approach, the company is able to leverage the expertise and enthusiasm of its users to drive innovation
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