TheBlock
2019-12-09 16:27:31

Upstart exchange BTSE to raise $50M for exchange token on Blockstream’s Liquid Network

Quick TakeCryptocurrency exchange BTSE has launched a token sale to raise $50 billion, per a pitch deck obtained by The BlockThis is the first exchange token on Blockstream’s Liquid NetworkIn total, BTSE plans to issue 200 million tokens and buy back 100 million of them with its revenueThe exchange’s projected 2020 revenue is $103.5 million, representing a 3733% increase from 2019 

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