Faraday Future, the electric car startup aiming to challenge Tesla, may secure a$900 million funding packagefrom EVAIO Blockchain, releasing the company from exacerbating cash pressure.
The funding will be invested over three years via indirect STO (security token offering), according to Patrick De Potter, CEO of EVAIO Blockchain. “FF and EVIAO will now start up the discussion for details of the plan,” he noted.
EVAIO said they were aiming to build a blockchain for electric vehicles and successfully completed EVA token private sale earlier this year. Most of the team members of EVAIO are ex-Tesla managers combined with specialists in crypto and blockchain.
DigiMax, a regulatory compliant platform for investment and information of regulatory-compliant, security-based Initial Coin Offerings has announced that it has officially launched its Security Token Offering (STO) Consulting and Syndication Business. DigiMax can now offer […]
PopCom, a leading automated retail technology company specializing in smart vending and kiosk solutions, has announced its plans to develop a new blockchain-powered product ecosystem that enables cannabis, pharmaceutical and alcohol retailers to automate the […]
VMC employs AI to solve problems associated with mass mobility. It does this by amassing funds through a crowd sale many say is the Netherland’s first Security Token Offering. Using the capital that will be […]