BCAP tokens, representing shares of Blockchain Capital III, is listed on the SharesPost regulated trading platform, according to a press release.
Note that the Blockchain Capital tokensale successfully took place back in April 2017. At their core, BCAP tokens are security tokens because they represent shares in an investment portfolio that includes large companies and crypto-industry projects.
Due to global legal uncertainty, BCAP tokens soon began to disappear from the listing of cryptocurrency exchanges, and then completely became illiquid. For a long time, these tokens could be bought or sold only on the decentralized EtherDelta Exchange. The BCAP market price at this site was, as a rule, well below net worth.
BCAP became the first security token on the SharesPost alternative trading platform. Asset trading is available to accredited investors.
This is an important milestone for the digital securities ecosystem. Now companies can efficiently raise capital and provide liquidity globally by leveraging blockchain technology in a way that complies with securities laws. We are very excited to be connecting the more than 50,000 institutional and individual accredited investors using the SharesPost marketplace with companies and funds like Blockchain Capital that are leading the way. We believe that over time digital securities will join preferred and common stock as the mainstays of the private capital market.
Founder and CEO, SharesPost
At the end of last year, Blockchain Capital participated in the financing of Securitize startup.