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LuxTag Claims First Successful Security Token Offering in Malaysia, Offering Accepts BTC and XEM

LuxTag Claims First Successful Security Token Offering in Malaysia, Offering Accepts BTC and XEM

LuxTag has closed on a $360,000 token offering according to a note from the company. The crowdfunding round saw 51% of the funds denominated in Bitcoin and XEM (NEM). LuxTag claims to be Malaysia’s very first successful token offering. The securities offering was hosted on PitchIn where 30 investors purchased a 11.11% equity stake in the company.




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