TechFlow news — According to official announcements, Bitcoin.com has completed a private placement raising $33.6 million in VERSE tokens, with participation from Digital Strategies, KuCoin Ventures, Blockchain.com, ViaBTC Capital, Redwood City Ventures, 4SV, BoostX Ventures, Roger Ver, Jihan Wu, and David Wachsman.
VERSE is a reward and utility token for contributors and participants within the Bitcoin.com ecosystem, with a total supply of 12.6 billion tokens. The public sale of VERSE tokens is scheduled to begin in June 2022, launching as the first token project on the Bitcoin.com Verse Launchpad, offering 6% of the total supply.
Bitcoin.com's product suite includes the Bitcoin.com self-custody wallet application, Bitcoin.com Exchange, Verse DEX, Bitcoin.com News, and an upcoming crypto debit card.
