Bankless IPOs Equity Shares on Canton Network
As crypto enters its institutional era, we're redefining what it means to go bankless.
Bankless founders Ryan Sean Adams and David Hoffman announced Wednesday that it will be taking community ownership of the company to the next level, via an onchain IPO.
The crypto media company will be issuing equity shares exclusively on the Canton Network, leveraging Canton’s recently announced Initial Permissioned Offering framework. Bankless is seeking to sell 230,000 tokenized equity shares at $300 each, pending final regulatory approval.
With Canton Network's unique architecture, crypto community members will be able to purchase real onchain $BNKL shares in Bankless’ private subnet after completing short onboarding materials and signing onto the network's Canton Foundation Mandate.
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Bankless
It’s time to break up with your bank, and join the movement for a better world.
