Orchid Labs aims to raise $125 million

Blockchain Technology Exchanges News

Orchid Labs intends to make $125 million through Simple Agreements for Future Tokens (SAFT) sale, revealed the filings with Securities and Exchange Commission (SEC). It is reported that the company raised $36.1 million though it aimed at $125.59 million. The SAFT sale grants the right to the investors to claim their blockchain tokens in future meeting the standards set by the SEC.

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