Crypto investment platform, SwissBorg, has accumulated more than CHF 20 million from more than 16,000 investors in its Series A fundraise. SwissBorg is a major European player in crypto, having acquired over a million app users and over 150m in revenues since launching their crypto investment app in 2021.
In the short-term, SwissBorg will continue to grow out its Earn product, connecting users with decentralised finance platforms that generate a yield on their cryptoassets in a transparent manner, and their Thematics product, which allows users to invest in a bundle of cryptoassets according to their beliefs.
Cofounders, Cyrus Fazel and Anthony Lesoismier, have become well-known in the space for their community-first approach to business. "At SwissBorg, we never use the word "customer". For us, this means us and them. Our vision has always been to create a community who collaborate on the same level with the shared goal of creating a fairer and more meritocratic future", comments Cyrus Fazel, CEO and cofounder at SwissBorg.
With this in mind, the recent launch of their Multi-Asset Launchpad tool is aimed at providing early investment opportunities which are normally enjoyed by a select few, to the masses. Their own Series A has led the way here, allowing any member of the public with $100 to become a shareholder.
SwissBorg has raised more than CHF21.2 million in total collected in the course of 3 concomitant offers to the public and a private sale. More than 16,600 investors participated in the Series A round.
(Press relase / SK)
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