Book Online or Call 1-855-SAUSALITO

Sign In  |  Register  |  About Sausalito  |  Contact Us

Sausalito, CA
September 01, 2020 1:41pm
7-Day Forecast | Traffic
  • Search Hotels in Sausalito

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

DeFi Wealth Management App iBG Closes Private Round With Placement of 3.8 Million Tokens

Singapore - 04-21-2021 (PR Distribution™) -

Highly anticipated smart DeFi wealth management Robo advisory app, iBG, has finalized its first private sale, selling more than 3.8 million tokens, shortly before launching the iBG wallet on April 22. 

The highly successful private sale round, which took place shortly before the official launch on April 22, 2021, sold 3.8 million out of the 45 million iBG tokens on offer. Various institutions made up 60% of total investors, proving their trust in the app’s potential. The next sale is the community round, set to take place as iBG app launches on April 22nd.

iBG, coined the ‘hottest launch of 2021’ has been getting attention from future-minded investors leaning towards the multi-billion dollar DeFi and Crypto industry. The app’s popularity is fast-growing mainly because of the industry’s vast need for a solution-oriented, user-friendly way to enter the Crypto market, more specifically, the ever-growing DeFi market which has come to be worth more than 42.8 billion USD since 2020. 

While the new market is proving its worth to investors, it continues to be challenging to enter and is limited to highly technical and skilled investors. With iBG, anyone interested can get in on the hype to earn more from their crypto assets, and build a crypto portfolio, in a few simple steps with the help of the app’s smart engine. 

During its first stages of the presale, in addition to iBG raising an impressive amount of funds, it established a solid partnership with South East Asia’s first insured Bitcoin Fund (BGBF-I), which will participate in the token burn mechanism. 70% of the company’s performance bonus, generated from the BTC fund, will be sent to the iBG treasury, and it will power the buyback and burn of the iBG tokens to create a deflationary mechanism. 

The first stage of the app’s launch will be the iBG wallet, which will become available for download on android and iOS devices through Google Play and the App Store on April 22. The wallet will allow users to easily buy iBG tokens through a community sale, stake iBG tokens to earn interest, and join the referral program. The iBG wallet, like its entire ecosystem, is set up to maximize investors’ earnings and allow them to grow along with the company.

You can be part of the official global launch by joining the live zoom webinar event from Studio Brittania, JW Marriot in Singapore at 7 am PST/ 6 pm Dubai/ 7:30 pm IST/ 10 pm SG on April 22. To learn more about iBG and how you can grow your investment portfolio, visit www.ibg.finance

Media Contacts:

Company Name: BCMG
Full Name: Kate A.
Phone: 96545699
Email Address: Send Email
Website: http://www.ibg.finance

For the original news story, please visit https://www.prdistribution.com/news/defi-wealth-management-app-ibg-closes-private-round-with-placement-of-3-8-million-tokens.html.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Photos copyright by Jay Graham Photographer
Copyright © 2010-2020 Sausalito.com & California Media Partners, LLC. All rights reserved.