Boom DeFi Ecosystem Secures $500M in Growth Capital, Opens Crypto-Friendly Equity Purchase Window
Boom
Technologies,
a
DeFi
unicorn
and
e-commerce
provider
for
the
unbanked,
has
secured
$500
million
in
growth
capital
from
a
prominent
Dubai-based
family
office.
The
company
is
now
offering
both
retail
and
institutional
investors
the
opportunity
to
purchase
equity
in
Boom
Technologies
using
cryptocurrency
or
cash.
Boom’s
innovative
DeFi
ecosystem
bridges
the
gap
between
trillions
of
dollars
in
cash-based
fiat
economies
and
the
global
digital
marketplace.
The
result
is
secure
and
seamless
access
for
billions
of
unbanked
people,
enabling
individuals
and
businesses
to
securely
store,
move,
exchange,
send,
receive,
and
spend
their
cash
online
on
goods
and
services
worldwide
while
maintaining
full
control
of
it.
The
crypto-enabled
equity
offering,
which
targets
to
raise
$47
million,
reinforces
Boom’s
commitment
to
democratizing
financial
inclusion
by
enabling
a
broader
range
of
investors
to
participate
in
the
company’s
growth.
Peter
Alfred-Adekeye,
Founder
and
CEO
of
Boom
Technologies,
commented,
“As
champions
of
financial
inclusion,
we
are
honored
to
democratize
access
to
equity
investments,
allowing
both
retail
and
institutional
investors
to
acquire
our
shares
with
crypto
and
cash
and
benefit
from
the
tremendous
value
we
are
creating.”
Investment
Details:
-
Minimum
Investment: $25,000
for
retail
investors;
$250,000
for
institutional
investors. -
Accepted
Currencies: All
fiat
and
cryptocurrencies. -
Total
Equity
Available: 4.75%
of
Boom
Technologies
(UK)
Ltd. -
Investment
Window: Aug.
8
–
Oct.
8,
2024. -
Bonus
Offer: The
first
$5
million
invested
will
receive
a
10%
equity
bonus. -
Official
page: Boom
Equity
Investment
Boom’s
DeFi
ecosystem,
including
partnerships
with
industry
leaders
like
Fireblocks
and
collaborations
with
the
Bank
for
International
Settlements,
continues
to
set
new
standards
for
financial
innovation.
With
over
100,000
app
downloads
within
two
weeks
and
a
growing
user
base,
Boom
is
poised
to
shape
the
future
of
global
e-commerce
without
banking.
About
Boom
The
Boom
DeFi
Ecosystem
consists
of
the
Boom
blockchain
as
the
layer-1
payment
rails,
the
Boom
superapp
and
Boomswap
at
layer
2,
where
value
is
exchanged
between
merchants,
consumers
and
traders
using
the
Boomcoin
(BMC),
the
ecosystem’s
native
digital
asset
and
the
Boom
Foundation,
the
nonprofit
arm
that
deploys
its
grant
of
crypto-for-social-good.
Boom
Technologies
Ltd
owns
and
operates
the
Boom
superapp.
To
learn
more
about
Boom,
please
visit www.boom.market.
Disclaimer: The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
Cryptocurrency
mining
can
be
risky.
There
is
potential
for
loss
of
funds.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.
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