Coinmetro: Acquires blockchain-enabled fundraising platform Ignium for €4 million
- Coinmetro has acquired Ignium.io, a blockchain-native fundraising platform for small to medium-sized enterprises (SMEs), for EUR 4 mil.
- Ignium was created to address the pressing issue of 60 million small businesses worldwide lacking optimum financial services
- The platform allows businesses to easily raise funds from their communities by minting and issuing non-fungible tokens
- Leveraged the power of Ignium to successfully raise USD 2.5 million in 2021, showcasing the effectiveness of the platform
- The acquisition is trailblazing advancement into essential services in the securities market
- Acquired 71% of Ignium’s shares, aiming to acquire the rest by the end of April 2023
