DigiShares fundraises on its own blockchain-based platform

Danish owned and US registered DigiShares has kicked off its Series A capital raise – but it’s not in the way you might think.

The raise is taking the form of a Security Token Offering (STO) supported by DigiShares own white-label tokenisation platform – meaning that tokens will be minted on the Ethereum chain, allowing investors to purchase them and claim a percentage of ownership in the DigiShares’ Delaware Corporation.

DigiShares has emerged over the past few years as one of the leading platforms for the tokenisation of Real-World Assets (RWA), combining smart contract creation, investor onboarding, cap table management, and peer-to-peer trading in an end-to-end solution.

With DigiShares, real asset owners and fund managers can automate processes, more easily fractionalize ownership, and democratise access, and increase liquidity through the built-in bulletin board or external exchanges.

- Instead of going the traditional route of seeking VC funds, we wish to enable our community to own a part of our company and grow together with them. We also don’t want our investors to be locked in for years. Finally, we want to enable non-US citizens to avoid international transaction fees by accepting USDC. In short, we want to benefit from our own product and the blockchain ecosystem, which are leading to democratisation, liquidity optionality and frictionless payments. On a separate note, it has been a great experience putting ourselves in the shoes of our clients and using our own tech stack to conduct our STO, states DigiShares CEO, Claus Skaaning in a press release.

The company is opening its STO to US accredited investors and non-US investors under the Reg D 506 (c) and Reg S exemptions, with the aim to raise USD 5 million.

The raised funds will be used to hire staff, add new functionalities and integrations to the platform, expand the sales team, execute the marketing strategy on a larger scale and accelerate the creation of the first regulated decentralised exchange for real estate security tokens, RealEstate.Exchange.

Read more here.