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Blockstack had raised $50 million through a 2017 token offering under Regulation D, limited to accredited investors. By the time I arrived, the team was preparing for something bigger: a Regulation A+ offering that the SEC would qualify in July 2019. It became the first SEC-qualified token offering in U.S. history, raising roughly $15.5 million for 74.3 million Stacks tokens. The company spent 10 months and $2.8 million on the regulatory process alone.
This article originally appeared on Engadget at https://www.engadget.com/general/the-morning-after-engadget-newsletter-111539860.html?src=rss，更多细节参见wps
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