Crypto Industry Leader Secures $33.6 Million in VERSE Token Private Sale

Leading Crypto Industry Secures $33.6M in VERSE Token Private Sale – Bitcoin Promoted News

On Wednesday, the leading cryptocurrency maker announced that it has concluded a private sale of its VERSE token and raised $33.6 million from strategic investors. VERSE aims to enhance the growing infrastructure by providing a benefit token that rewards users for contributing to the ecosystem. token sale raises $33.6M

This week, revealed that it has completed a private sale of its VERSE token, raising $33.6 million from participating investors. For over seven years, has been an industry leader when it comes to blockchain technology and cryptocurrency solutions. provides cryptocurrency exchange services, educational resources, non-custodial wallet, and news. VERSE aims to fuel the company’s growth by rewarding VERSE users for participating in the myriad of services offered by The perks include rewarding the crypto community with VERSE for things like buying, selling and exchanging digital assets.

Crypto Industry Pioneer Secures $33.6M in VERSE Token Private Sale
Learn more about VERSE at

VERSE will be released this summer as an Ethereum-based token (ERC20) with cross-chain compatibility. Recently, revealed the introductory web portal and VERSE white paper giving the crypto community details about the launch of VERSE. On May 5, 2022, announced that it had completed a private token sale, raising $33.6 million from companies such as Digital Strategies,, Kucoin Ventures, Redwood City Ventures, 4SV, and Boostx Ventures.

Moreover, famous crypto pioneers and influencers such as Jihan Wu, Roger Ver and David Wachsman participated in the VERSE private sale. Dennis Jarvis, CEO of, explained in a statement that the token will add a significant amount of utility and value to the company’s many fine-tuned crypto services. Jarvis further clarified that the public sale of the VERSE token will occur this summer.

“Since 2015, has been a pioneer in introducing newcomers to crypto and guiding them throughout their crypto journey. To date, we have built an amazing suite of products and services with over 4 million monthly active users,” Jarvis said after the private sale ended. and 30 million self-custodial wallets created.” “Today, we are proud to announce VERSE, a utility and reward token for everyone who participates in the Verse off-the-shelf ecosystem.”

The CEO added:

VERSE is user centric and adds tremendous value across our suite of crypto products and services including the Self-Wallet App, Exchange, Verse DEX, News, and our upcoming crypto-enabled discount card. We are also very excited to announce the public token sale of Verse, which is set to begin in June.

Kucoin Ventures Exec says the next wave of crypto growth will be led by strong global brands

VERSE tokens are similar to the likes of crypto utility tokens such as BNB, CRO or FTT. In the ecosystem, VERSE users will gain benefit from things like cropping on the Verse DEX, trading via the Exchange, installing tokens into contracts, and earning VERSE from a variety of existing services.

Justin Chu, chief investment officer at Kucoin Ventures, believes that the cryptocurrency industry will be boosted by well-known and trusted brands. “The next wave of growth in crypto will be led by powerful global brands that are making real-world products for millions of people,” Zhou said in a statement. “ will accelerate the development of products and partnerships that expand their reach globally.”

In addition to the recent private sale, a public sale is scheduled for June 2022 and 12,600,000,000 VERSE tokens will be available. will release the Verse Launchpad, which will provide visitors with information about the public sale, and allow people to buy VERSE. The website offers a subscription form for updates on the public sale and other information regarding the VERSE token and ecosystem.

Tags in this story

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What do you think about completing the sale of a private VERSE token for $33.6 million? Tell us what you think about it in the comments section below. is the number one source for everything Bitcoin related. We can help you buy bitcoins and choose a bitcoin wallet. You can also read the latest news or interact with the community on our Bitcoin Forum. Please keep in mind that this is a trading website that lists wallets, exchanges, and other companies associated with Bitcoin.

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