AMB Crypto Accepted in Security Token Offering in Shipping And Trade

Cryptovest

Published Dec 12, 2018 12:51PM ET

Updated Dec 12, 2018 02:01PM ET

AMB Crypto Accepted in Security Token Offering in Shipping And Trade

The decentralized IoT (internet of things) network for next-generation supply-chains Ambrosus has teamed up with global digital shipping marketplace SHIPNEXT to allow its AMB coin to increase its security token offering (STO).

Ambrosus co-founder and chief executive officer Angel Versetti told Cryptovest in a statement the deal marks an industry-first use case for a digital currency to be accepted as a legitimate contribution in an STO.

Angel Versetti said:

“Our partnership with SHIPNEXT aligns seamlessly with Ambrosus’ goal to revolutionize the future of industrial development and supply chain operations through the use of decentralized and transparent data management tools. By enabling the Ambrosus community to participate in the SHIPNEXT STO directly, we are excited to leverage this unique opportunity to play a pivotal role in the development of a project that i...


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