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UTRUST ICO Reaches Soft Cap on Day One, On Track To Reach Hard Cap

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UTRUST ICO Reaches Soft Cap on Day One, On Track To Reach Hard Cap

Post by Vladdirescu on Thu Nov 09, 2017 1:05 am

UTRUST, the Switzerland-based company that looks to target the 2.5 billion unbanked people globally, has quickly reached its soft cap of $10 million for its ICO, leaving UTRUST on a solid foundation to work from. The demand continues in footsteps of its pre-ICO, which sold out in 90 minutes, with the $10 million mark reached on the first day of the public ICO, on November 2nd; UTRUST is well on its way to reach the $49 million mark.

Furthermore, changes to the legal code regarding ICO’s in Swiss jurisdiction has reassured investors of the legality of the startup, as well as UTRUST’s commitment to aligning by said regulations has encouraged more people to invest with the innovative startup.

UTRUST has already taken the first steps of getting incorporation as a GmbH, comparable to a LLC in the United States. URUST also looks forward to announcing in the near future their progress regarding AML/KYC onboarding as well, opening their offerings fully to the legally restrictive USA.

https://coinidol.com/utrust-ico-reaches-soft-cap-day-one-on-track-to-reach-hard-cap/


Vladdirescu

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