See More

SwissBorg Raises Over €20M with Revolutionary Community-Centric Fundraising

2 mins
Updated by Petar Jovanovic
Join our Trading Community on Telegram
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions.

In a groundbreaking move that has set new standards for fundraising, SwissBorg has demonstrated the power of community-centric approaches in raising funds, outperforming even private and institutional investors.

Building upon their earlier success in raising $50 million from 24,000 individuals during their initial coin offering (ICO) held in 2017/18, SwissBorg’s Series A fundraising, which closed last Friday, has produced astonishing results.

SwissBorg raised a total of 21,242,064 Swiss Francs and sold 13,651,189 shares to 16,841 investors, reaching a final valuation of approximately 200M Swiss Francs. This remarkable achievement underscores the potential of community-driven fundraising and the importance of engaging the public in the development of innovative companies.

With the SwissBorg app and ecosystem, the company is well-positioned to become the leader in the European crypto market. The platform offers users an accessible and user-friendly experience, enabling them to manage their crypto assets with ease and confidence.

SwissBorg is a forward-thinking company that is dedicated to advancing the Web3 ecosystem. Its platform provides users with easy access to cryptocurrency investments and decentralised finance (DeFi) opportunities, enabling them to benefit from the growth of this rapidly evolving industry.

SwissBorg’s unique positioning allows it to take on Web3 in a way that other companies can’t. With a community-centric approach, the company is able to leverage the expertise and enthusiasm of its users to drive innovation and growth. At the same time, its focus on transparency and security ensures that investors can feel confident in their investments, even in a highly volatile market.

Well-positioned to become a leader in the Web3 space, SwissBorg’s successful Series A fundraising is just the beginning of what promises to be an exciting journey. With its commitment to innovation, transparency, and community, SwissBorg is poised to significantly impact the future of finance.

The Lausanne-based company expresses its heartfelt gratitude to the community for their unwavering support and trust throughout the Series A fundraising. Their belief in SwissBorg’s vision has enabled the company to surpass expectations, break records, and set new benchmarks for future fundraisers as investors in SwissBorg, the community’s confidence in the company has solidified its potential for growth and industry leadership.

SwissBorg’s leadership highlights the importance of community support, reinterpreting the classic saying, “Fortune favours those with many friends.” Bolstered by their devoted community, SwissBorg is well-positioned for a promising future.

About SwissBorg

SwissBorg is headquartered in Switzerland, holds a Virtual Asset Service Provider licence regulated by the FIU in Estonia, and is registered as a PSAN with France’s AMF. The SwissBorg app allows over 700k verified users to manage their wealth, with an exchange aggregator to provide users with the best exchange prices and liquidity, the ability to invest in themed crypto bundles, and opportunities for users to access a yield on their crypto assets.

Click here to learn more about SwissBorg and its mission.

Top crypto platforms in the US | March 2024
Coinbase Coinbase Explore →
AlgosOne AlgosOne Explore →
Chain GPT Chain GPT Explore →
iTrustCapital iTrustCapital Explore →

Disclaimer

This article contains a press release provided by an external source and may not necessarily reflect the views or opinions of BeInCrypto. In compliance with the Trust Project guidelines, BeInCrypto remains committed to transparent and unbiased reporting. Readers are advised to verify information independently and consult with a professional before making decisions based on this press release content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

images-e1706008039676.jpeg
Advertorial
Advertorial is the universal author name for all the sponsored content provided by BeInCrypto partners. Therefore, these articles, created by third parties for promotional purposes, may not align with BeInCrypto views or opinion. Although we make efforts to verify the credibility of featured projects, these pieces are intended for advertising and should not be regarded as financial advice. Readers are encouraged to conduct independent research (DYOR) and exercise caution. Decisions based on...
READ FULL BIO
Sponsored
Sponsored