Photochain agrees deal with UAE crypto fund for 25 million PHT tokens
SOURCE : Medium - Photochain agrees deal with UAE crypto fund for 25 million PHT tokens
We have closed the first big funding deal during our main sale, as a crypto fund based in the UAE buys into our project. The fund has acquired 25,000,000 PHT tokens — 13.9% of total tokens available — plus an option to acquire a further 4.6% of PHT tokens. The fund has asked to remain anonymous as part of the agreement.
We are very happy to have closed such a large amount for our first deal, as our talks with high potential investors continue and these news might have a domino effect.