Cryptocurrency Market STOKR Raises 7.98 million USD Funding
The latest equity funding round for European cryptocurrency marketplace STOKR, led by Fulgur Ventures, includes 100 BTC ($6.78 million) and 1.20 million euros in cash for a total of 7.40 million euros ($7.98 million).
The company said in a press release on Thursday that it plans to follow MicroStrategy in aggressively expanding its new Bitcoin vault in the coming years. In addition to the Bitcoin vault, its goal is to launch new Bitcoin-based tokenized assets and build infrastructure to simplify institutional tokenization on native Bitcoin Layer 2 technologies such as the Liquid Network.