pitchIN launches first token crowdfunding deal with BidNow

Quick Summary:

BidNow token will be the main medium of exchange on the BidNow platform

TCF raises capital via digital token issuance, offering flexibility, exit opportunities PitchIN, Malaysia’s leading digital fundraising hub, announced the launch of its maiden deal for Token Crowdfunding (TCF), a US$2.13 million (RM10 million) primary offering of utility tokens by BidNow, an online auction platform.

According to pitchIN, TCF is an innovative way for businesses to raise capital from the public through digital token issuance, offering more flexibility, brand exposure, and exit opportunities.

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Article Details

Author / Journalist: Gerry Wong

Category: EconomyStartupsBusiness

Markets: Malaysia

Topics: Investment Platform Digital Token Provides Bidnow Deal Malaysia Offering Investors Pitchin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-21 @ 09:10:39 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: digitalnewsasia.com

Language: English

Article Length: 374 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Digital News Asia

News ID: 21706072

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Official Website: digitalnewsasia.com

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