YIELD App Launches Equity Crowdfunding Round on BnkToTheFuture
We are pleased to announce our partnership with BnkToTheFuture, a global online crowdfunding platform for FinTech companies.
BnkToTheFuture’s network of over 85,000 qualified investors has enabled compliant equity funding rounds for a number of established crypto firms such as BitFinex, Kraken, ShapeShift, Wirex, and Abra, and has now facilitated almost $850 million of investments in the sector.
“I believe that choosing BnkToTheFuture for our first funding round proves to the market that we are here to become a major player in the industry’’ said Tim Frost, founder and CEO of YIELD App. “Nobody would ever doubt the seriousness of their due diligence process, and we are proud of this new partnership.”
BnkToTheFuture users can invest a minimum of $1,000. Additionally, investors will receive our utility token YLD (approximately 6.5 tokens for every $1 invested). YLD, when held on YIELD.app, will boost our users’ APY from 12% to 20%, and allow them to earn up to 10% APY on YLD tokens.
Simon Dixon, co-founder and CEO of BnkToTheFuture, commented: “We were getting lots of requests from our investors to look at DeFi projects, but we were trying to find one that actually has a well-structured company behind it; this is how we came across YIELD App.”
For more information, feel free to watch Episode 78 of BF Live, where our team answered questions from the community about YIELD App and our partnership with BnkToTheFuture.