Turnkey Series B funding round investors will receive stock as well as token warrants, or promised allocations of a yet-be-released cryptocurrency, though the company has no plans to launch its own token at the moment, but, according to company CEO, such warrants are standard in most crypto deal

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June 9, 2025

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Investors in the round received stock as well as token warrants, or promised allocations of a yet-be-released cryptocurrency. Ferguson, however, said his startup has no plans to launch its own cryptocurrency and the warrants are common additions to most crypto deals.
The fundraising was structured as equity with token warrants of a yet-to-be-released cryptocurrency. However, the company has no plans to release its own token, viewing the token warrants’ inclusion as a common feature in most crypto deals.

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06/09/2025
Week 24 of 2025

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Crypto news

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