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Global crypto asset supervision supports an IPO, BFFI listed market value may exceed $ 50 billion

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Global crypto asset supervision supports an IPO, BFFI listed market value may exceed $ 50 billion

December 03
18:28 2019

According to the previous IPO document published by the U.S. Securities and Exchange Commission, BFFI GROUP INC. (Hereinafter referred to as BFFI), which is positioned as a global blockchain enterprise compliance service market, will launch an IPO financing in the near future to land on the Nasdaq Stock Exchange.

As the first listed blockchain investment bank, BFFI’s IPO adopted a dual-track system of blockchain securities and traditional securities. According to the prospectus, its IPO sale simultaneously sells BFFI OPTIONS TOKEN and BFFI common stock based on the ERC-20 standard of the Ethereum network, and it will be sold to prospective investors on the premise of complying with the global financial management system.

This is also the first time the US Securities and Exchange Commission has recognized blockchain securities and traditional securities for an IPO. BFFI OPTIONS is characterized as a form of warrants and enjoys the same rights as ordinary shares.

In this IPO, BFFI issued a total of 200,000,000 BFFI OPTIONS and sold 160,000,000 of them.

Video Link: https://www.youtube.com/embed/90d_F4ioR4M

BFFI is not the best time to run this time. First, the blockchain securities market is not yet mature, and there is still too much uncertainty about crypto asset supervision. Second, BFFI itself has not yet started to make a profit, and is still in the development of customer legal education and service markets.

BFFI’s IPO is to supplement the company’s operating capital, to enhance the company’s influence, and to test the SEC’s attitude toward the dual-track system of blockchain securities and traditional securities.

Blockchain compliance services, crypto asset trading license business, and IPO business underpin an IPO

The prospectus shows that BFFI’s business depend