Bittrex STPT Initial Exchange Offering Moves Fast; Raises $750K Before Listing

Cryptovest

Published Jun 13, 2019 05:05AM ET

Updated Jun 13, 2019 06:21AM ET

Bittrex STPT Initial Exchange Offering Moves Fast; Raises $750K Before Listing

Bittrex , one of the more active platforms for token sales, opened trading for Standard Tokenization Protocol (STPT), following the token sale event this June 11.

https://twitter.com/BittrexIntl/status/1138596863861506048

Bittrex is the host of a handful of initial exchange offering (IEO) projects. But following a trend to eschew the scrutiny of the US Securities and Exchange Commission, the exchange decided to restrict some of the listed assets for US traders, and performs IEOs only for international buyers.

The STPT IEO was relatively small in scale, and followed a familiar pa...