Swisstronik raises $5m in seed round, launches private token sale
Swisstronik, a layer-1 network focused on user privacy and regulatory compliance, has announced the close of its $5 million seed funding round , and the launch of its private token sale. Swisstronik closes seed funding round After a successful seed round, Swisstronik intends to utilize the funds for team expansion, technology development, and the planned 2024 launch of its mainnet. Simultaneously, they have initiated a private token sale, providing individuals and businesses with an exclusive early investment opportunity to secure SWTR tokens required for accessing the Swisstronik Network ahead of the public launch. You might also like: Malta takes next steps to align with EU’s MiCA regulation Swisstronik has already closed on its first deal in the ongoing private token sale, with MAQ Capital Home, a UAE-based venture capital represented by Mohammed Abdul Qadir Jihad. This led to MAQ Capital Home acquiring $500,000 worth of future SWTR token s, which would allow the ...