SAFTs

SEC

Wireline Settles SAFT Suit With SEC; Peirce Partially Dissents

Wireline is now barred from distributing the tokens it promised investors in its 2018 SAFT sale.

News  ·  15 January 2021

SEC Commissioner Peirce Blasts Regulator’s Action Against Telegram

"Crypto Mom" took no prisoners in her fiery rebuke of the SEC's Telegram action.

News  ·  21 July 2020
Hires

Kraken Hires Lawyer Marco Santori to Ramp Up Acquisitions

Marco Santori, who helped write the SAFT framework, is leaving Blockchain.com to helm Kraken's expanding legal team.

Business  ·  6 April 2020
Hedera Hashgraph

Hedera Hashgraph Asks Investors to Wait Longer for Tokens After Price Crash

Hedera Hashgraph, the company behind the blockchain-like Hedera network, is asking investors to wait longer for tokens they paid for, in order to stabilize their cratering price.

Markets  ·  24 December 2019
SAFTs

Polychain, Bitmain Back $10.7 Million SAFT for Encryption Startup NuCypher

NuCypher has raised $10.7 million in a SAFT with Polychain, Bitmain and others. It's also launched the testnet for its suite of encryption services.

Markets  ·  7 October 2019
Regulation

Blockchain Firm Settles With SEC Over Unregistered $6.3 Million SAFT

A healthcare-focused blockchain firm has settled with the U.S. Securities and Exchange Commission over its 2017-2018 SAFT offering.

Policy & regulation  ·  14 August 2019
Investments

Multicoin Leads $10 Million SAFT Sale for Ethereum Scaling Startup Skale

Skale Labs has raised $10 million to launch a layer 2-focused scalable blockchain for ethereum dapps.

Markets  ·  4 October 2018
Markets

KODAKCoin Fundraising to Begin Later This Month

Imaging giant Kodak is now looking at May 21 for the SAFT offering of its KODAKCoin for accredited investors.

Markets  ·  10 May 2018
Investments

After Millions Raised, the SAFT Is Alive But Who Knows How Well

A framework that strives to enable compliant U.S. token sales may have come under fire in the press, but it's still widely used by entrepreneurs.

Markets  ·  27 April 2018
Investments

Sharing Economy Startup Origin Raises $28 Million in SAFT Sale

Peer-to-peer economy platform Origin raised more than $28 million through a Simple Agreement for Future Tokens sale this year, filings reveal.

Business  ·  18 April 2018
0x

Decentralized Exchange Startup 0x Raised $775K in SAFT Sale Last Year

Decentralized protocol 0x has raised $775,000 through a SAFT sale last year.

Tech  ·  16 April 2018
Funding Rounds

Blockchain Startup Kadena Raises $12 Million in SAFT Sale

Blockchain startup Kadena has raised $12 million for its upcoming Chainweb protocol.

Markets  ·  12 April 2018
Investments

$125 Million Raised in Basecoin SAFT Sale, SEC Filing Shows

Basecoin developer Intangible Labs raised $125 million in a SAFT sale, SEC filings show.

Business  ·  9 April 2018
ICOs

SEC Official Says ‘Dozens’ of Crypto Investigations Underway

Stephanie Avakian, a co-director of the U.S. SEC's Enforcement Division, said the agency is investigating "dozens" of ICO campaigns.

Policy & regulation  ·  16 March 2018
Regulation

What If the SEC Is Going After the SAFT?

Rumors are swirling that the SEC is targeting a notable startup structure for tokens, but no one knows for sure what would happen if it did.

Policy & regulation  ·  6 March 2018