Supercar maker Mazzanti Automobili launches security token offering

The STO will occur about the Luxembourg-based STOKR market.
Italian luxury car manufacturer Mazzanti Automobili has launched its security token offering on regulated digital market STOKR.As section of the offering, Mazzanti aims to raise 999,999 euros ($1.2 million) on STOKR to come up with a special version of its hypercar version Evantra Millecavalli R.According into a Feb. 25 announcement, Mazzanti’s STO will allow investors to buy MZZ tokens, priced at 1 euro eachand every The Dollar has been issued by Mazzanti via Blockstream AMP, a stage to the tokenization of securities built about the Liquid sidechain of Bitcoin (BTC), which was directly incorporated with STOKR.As section of the STO, MZZ shareholders will have the ability to receive a 50% revenue share at the selling of the Evantra special edition. The offering is available for select European nations, with a minimal investment of 50 euros, ” the announcement notes.Mazzanti’s creator Luca Mazzanti stated that the organization has been considering running an STO for a while. The company originally announced its forthcoming STO plans before in February.In combination with the STO, Mazzanti announced that the company will allow its clients to buy all variations of their Evantra version with Bitcoin beginning from Feb. 25. The move echoes Tesla’s current move toward accepting Bitcoin payment because of its electrical vehicles.  Based in Luxembourg, STOKR has been set various STOs in accordance with capital market laws of the European Union.

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