CoinLinked seeks to raise $5m in regulated Security Token offering

Cointelegraph

Published Oct 07, 2020 10:52PM ET

Updated Oct 08, 2020 12:40AM ET

Blockchain-based social network and commerce platform CoinLinked plans to raise $5 million in a regulated security token offering (STO). The California tech company will allow accredited U.S. investors (Reg D) and qualified non-U.S. investors (Reg S) to participate in the Series A funding round.

Launched in May this year by Wall St. veteran and CoinLinked CEO Jenny Q. Ta, the platform seeks to promote crypto as a means of payment globally. It enables anyone to buy anything available on the Internet with cryptocurrencies, including Bitcoin (BTC), Ether (ETH), and the stablecoin USDC.

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