STOKR

The European digital securities issuance platform STOKR has completed a financing round of $7.98 million, led by Fulgur Ventures

ChainCatcher news, according to The Block, the European digital securities issuance platform STOKR has completed a $7.98 million financing round, planning to use most of the funds to establish one of the first corporate Bitcoin reserves in Europe. This round of financing was led by Fulgur Ventures, including 100 Bitcoins (approximately $6.78 million) and €1.2 million in cash (totaling €7.4 million).STOKR stated that it will follow MicroStrategy's strategy and actively expand its Bitcoin reserves in the coming years. Additionally, the company plans to launch Bitcoin-based tokenized assets and develop institutional tokenization infrastructure on native Bitcoin Layer 2 technologies (such as Liquid Network). STOKR's co-CEO Arnab Naskar said that establishing a Bitcoin reserve is an important step for the platform's development in the field of Bitcoin derivatives tokenization.Furthermore, according to the Web3 asset data platform RootData, STOKR is a digital marketplace for alternative investments, allowing users to access a diversified world of alternative assets through investments in Bitcoin mining, real estate, music royalties, and more. At STOKR, both institutional and retail investors can access diverse and high-quality investment opportunities while retaining direct control over their investments. STOKR is regulated as a virtual asset service provider by the Luxembourg CSSF (Financial Supervisory Authority), providing turnkey solutions for young and growing companies seeking capital in the EU. These solutions cover all elements of institutional-grade asset tokenization, including complex investment structures, smart contract management, AML/KYC verification, payment rails (both cryptocurrency and fiat), and comprehensive lifecycle management of digital securities.
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