A $2.77 million unregistered equity financing by TradeBlock successfully drew to a close. The non-brokered investment round was placed among nine investors. The subscription started a week ago. Until this disclosure TradeBlock had raised an estimated $650,000 in unregistered securities via one previous financing round.
TradeBlock develops and markets a platform offering bitcoin tools and research for professionals as well as enthusiasts. Tools include market prices and order books, mining calculator and research. The company also provides to approved applicants a professional version with advanced analytics and communication network for digital currency trading.
Gregory Schvey (CEO) leads the New York NY based company which was registered in 2013. TradeBlock elected to keep its revenues undisclosed.
The executive team includes Jeffrey Schvey.
The company has raised an estimated total of $3.42 million via private unregistered security offerings.
TradeBlock is registered under the name Schvey.
Amount offered: $2.77 million
Amount placed: $2.77 million
First sale: 06-25-2014
Data as of: 07-02-2014