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Stacks

Stacks
Strategic Reg S Round

Past 10 Sep - 10 Sep 2019

Stacks is a Bitcoin Layer-2 network that enables smart contracts and decentralized applications to inherit the security and capital of the Bitcoin blockchain. The native STX token is utilized for fueling smart contract execution, processing transactions, and earning Bitcoin rewards through the network's unique Proof of Transfer consensus mechanism.

In September 2019, Blockstack PBC successfully concluded a concurrent Strategic Reg S Round targeted exclusively at non-U.S. investors, with a strong focus on strategic Asian partners. The private placement secured $7.6 million through the sale of 30,560,000 STX tokens at a discounted price of $0.25 per token. This tranche was led by HashKey Group and SNZ Holding, with participation from notable venture funds including Fenbushi Capital, Spartan Group, and Recruit Holdings. All tokens distributed in this offering were subject to a strict 1-year transfer lock on the Blockstack network following the hard fork.

CoinLaunch Score: Last update:
High 28 Sep 2026

Stacks - Strategic Reg S Round  Overview

start date: 10 Sep 2019
end date: 10 Sep 2019
price: $0.25
tokens for sale: 30,560,000
Raise: $7,600,000
Min. Buy: N/A
Max. Buy: N/A
Lock-up:

1-year transfer lock

More about Stacks

Stacks - Strategic Reg S Round Funds and Backers
(3/4)

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The Spartan Group Logo
The Spartan Group
Score: High
36 numbers of
investment
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IOSG Logo
IOSG Ventures
Score: High
20 numbers of
investment
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fenbushi capital logo
Fenbushi Capital
Score: Medium
14 numbers of
investment
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