Peter Alfred-Adekeye, Founder and CEO of Boom Technologies, commented, "As champions of financial inclusion, we are honored to democratize access to equity investments, allowing both retail and institutional investors to acquire our shares with crypto and cash and benefit from the tremendous value we are creating.” Investment Details: Minimum Investment: $25,000 for retail investors; $250,000 for institutional investors.
Boom enables crypto- and cash-based equity investments in its DeFi ecosystem to boost financial inclusionLondon, UK, Aug.14, 2024 (GLOBE NEWSWIRE) -- Boom Technologies, a DeFi unicorn and e-commerce provider for the unbanked, has secured $500 million in growth capital from a prominent Dubai-based family office.
The result is secure and seamless access for billions of unbanked people, enabling individuals and businesses to securely store, move, exchange, send, receive, and spend their cash online on goods and services worldwide while maintaining full control of it. The crypto-enabled equity offering, which targets to raise $47 million, reinforces Boom’s commitment to democratizing financial inclusion by enabling a broader range of investors to participate in the company’s growth.
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