Blockport launches STO whitelisting portal for investors
Blockport’s STO whitelist is live: prospective shareholders can complete KYC and reserve their allocation before the sale begins.
We have activated the whitelisting portal for our Security Token Offering (STO) today, inviting prospective shareholders to complete KYC and reserve their allocation before the sale goes live.
Whitelisting is available to retail investors across the European Economic Area and to accredited investors in the United States, aligning with the first STO round scheduled to start on March 31, 2019. We are seeking up to €5 million in funding through this initial round.
Our STO will issue Blockport Securities (BPS), ERC-20 depositary receipts that map one-to-one to ordinary shares and entitle holders to any future dividend distribution. The tokens are minted on Tokeny's T-REX compliance standard, ensuring that only verified wallets can receive and transfer BPS across jurisdictions.
Investor access and subscription process
Investors who pass whitelisting gain immediate access to a personal dashboard where they can download the Investment Memorandum and later submit a subscription in EUR, USD, BTC or ETH. The minimum ticket is €500, and subscriptions will be processed on a first-come, first-served basis once the sale opens.
The whitelisting process requires investors to complete standard KYC procedures appropriate for their jurisdiction. European retail investors must meet EEA prospectus exemption requirements, while U.S. participants must qualify as accredited investors under applicable securities regulations.
"Working with Tokeny lets us cover every legal and technical requirement in one place, which is key to offering shares to a worldwide audience," says Kai Bennink, our founder and chief strategy officer.
Tokeny CEO Luc Falempin adds that tokenized securities "bring private opportunities to a significantly wider pool of investors."
Company Background and Funding Strategy
Blockport began in Amsterdam in 2017 as a social crypto exchange that combines fiat on-ramps with copy-trading features. After raising €10 million in a 2018 utility-token sale, we are turning to equity financing to accelerate European growth, secure U.S. licenses and expand our product roadmap.
The STO represents our second major fundraising initiative, following the successful utility token sale that provided initial capital for platform development. Proceeds from the security token offering will specifically target regulatory compliance and market expansion efforts.
The partnership with Tokeny provides the technical infrastructure needed to manage cross-border compliance while maintaining full regulatory adherence. Our BPS tokens will be transferable only between whitelisted addresses, ensuring ongoing compliance with securities regulations in all participating jurisdictions.
This equity financing approach allows us to offer direct ownership stakes to our community while meeting stringent regulatory requirements across multiple markets. The structure accommodates both institutional and retail participation within established legal frameworks.