Crypto Crisis: Why SAFT Investors Should Sue Immediately

News, Opinion | May 18, 2020 By:

The Simple Agreement for Future Tokens (“SAFT”) was developed in 2017 as a way for companies developing blockchain technologies to raise funds from venture capitalists and other professional investors under something akin to the typical private placement framework used by early-stage companies to fundraise.  This would purportedly allow blockchain startups to sidestep regulatory issues that were (and continue) to raise concerns with fundraising directly through the sale of tokens.

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Blockchain Firm Kadena Raises $12M USD In Series B SAFT Funding

Announcements, Blockchain, Investing | April 13, 2018 By:

Blockchain firm Kadena has raised $12 million in its Series B Simple Agreement for Future Tokens (SAFT) financing round.

Founded by former JP Morgan technologists, Kadena is developing blockchain platforms for businesses and entrepreneurs by solving the speed, scalability, and security concerns that impede widespread blockchain adoption and offering simple solutions and tools for developing on a blockchain.

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