Token IQ, a security token platform operator that helps entities tokenize their assets while maintaining compliance, announced on Thursday that it was collaborating with DealBox to help several token issuers raise a total of $440 million.
DealBox is a blockchain business accelerator and fundraising platform operator.
The two companies will assist Mint Air, Scratch Tech, Measured Risk, Abundance, Gorbyte, and Mission Space Limited to raise funds by issuing tokens.
Mission Space Limited CEO Angus McGylnn commented:
“Our company needs best-in-class technologies for every phase of our launch which is why we selected Token IQ for our STO.”
Giuseppe Gori, CEO of another token issuer – Gorbyte, stated:
“With our focus on creating the safest, most scalable and cost-effective distributed ledger, we have chosen Token IQ as the platform that best aligns with our high technical and financial standards.”
Token IQ co-founder and president Aleksander Dyo, commented:
“We could not be happier to have such outstanding and innovative companies as part of our first batch of customers to utilize our Founders Discount Program. Our capabilities, tools and processes are second-to-none, and we are excited to help these companies on their way towards growth and expansion.