THIS WAS STOKR'S 2021

The holidays are around the corner, and everyone in the digital currency industry can look back at a year full of exciting progress and meaningful developments. Here at STOKR, we’re no exception — a lot of exciting things have happened this year!

The Infinite Fleet STO Invited Gamers to Become Investors

Kicking off the year with a bang, the offering for Pixelmatic’s Infinite Fleet opened its gates on STOKR in January. The STO has since attracted over 1,000 investors and raised over $7.4 million. Infinite Fleet ticked off multiple major milestones, including that of the first ever approval by German regulator BaFin for a Liquid Network-based security token offering.

STOKR Raised Its Pre-Series A

As the security token space grew this year, so did demand for STOKR as an all-in-one provider for security token offerings. In March, we shared the results of STOKR’s successful pre-series A funding round, with our fundraising to date totaling over €3.9 million, with strategic investments from Borderless Capital, Utopia Genesis Foundation and G1 Ventures. These partnerships have helped us grow our suite of services and close the first quarter with an impact. STOKR raised the seed investment from iFinex, the entity behind the leading digital assets exchange Bitfinex. 

The Blockstream Mining Note Offering Raised Over €33.5 Million

Bitcoin infrastructure company Blockstream launched the offering for its Blockstream Mining Note (BMN1) on STOKR. The novel concept makes it easier for investors to gain exposure to bitcoin mining, with the added liquidity of a Liquid Network-based security token. The investors will get access to the mined bitcoin after a period of three years. The offering became massively popular on STOKR — in seven tranches (most of which sold out in minutes), Blockstream has so far raised more than €33.5 million. The BMN1 has been issued via a Luxembourg-based securitization vehicle representing the note (debt instrument) in that securitization vehicle. 

STOKR Now Supports STOs on Liquid and Algorand

As we expand our offering, we are very excited to now be able to provide even more options to ventures looking to raise on STOKR. Founders can now also choose the Liquid Network and Algorand as platforms to issue their security tokens on. Both networks are designed to make the issuance and use of security tokens straightforward and convenient. Liquid comes with the added bonus of Confidential Transactions and Confidential Assets, which allows for a higher level of transactional privacy. In addition to supporting STOs on Liquid, investments via STOKR can also be processed in L-BTC and Liquid USDt.

STOKR Supported the Launch of a Tokenized High-Yield Investment Fund

At the end of the year, we’re not slowing down — just last week, we announced that STOKR is supporting the launch of the Aquarius Alternative High Yield Debt Fund, a stablecoin fund targeted at large investors looking for a simple and safe way to deploy capital in the cryptocurrency lending space. The new fund seeks to help ease the access to the rapidly growing stablecoin lending industry and addresses the needs of professional and institutional investors looking to become a part of the space. The fund will generate yield by lending to selected ventures (blue chip equivalent) in the digital assets space.

We’re Remotely Growing 

We have used this past year to build up our team while optimizing our company structure and internal processes. As part of that, we’re excited to share that the STOKR team is growing while being remote. Earlier this year, we increased our capacities in the support team and the compliance team due to the growing demand. We also increased our focus on institutional business: Yekta Kaviani joined STOKR in Dubai to focus on institutional business development. We have also onboarded a senior project manager to unlock new features and functionalities on the platform.  

Bitfinex to Support Trading for EXO and BMN in the Future

This year also saw the launch of Bitfinex Securities, a brand-new security token exchange that is set to host digital securities offerings on a global scale. Infinite Fleet publishing company Exordium will offer its EXOeu token on Bitfinex Securities, and the Blockstream Mining Note will become available on the exchange as well. Both tokens are issued through STOKR and will be supported for trading by Bitfinex Securities in the future.

Before we head into the holiday season, we don’t want to leave out some of the major industry developments this year: a massive development came from the unofficial Bitcoin country this year, when El Salvador announced its Bitcoin City project and upcoming plans to issue tokenized bonds on Liquid. The decision by a nation state to enter the security token space shows how far our industry has come in such a short amount of time. And this is only the beginning!

As always, we want to thank all of you for your support, and we hope you’ll stick around to check out our upcoming ventures!

STOKR TEAM