Boom DeFi Ecosystem Secures $500M in Growth Capital, Opens Crypto-Friendly Equity Purchase Window
Summary
London, UK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- 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.Booms 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 Booms commitment to democratizing financial inclusion by enabling a broader range of investors to participate in the companys 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. Bonus Offer: The first $5 million invested will receive a 10% equity bonus.Booms 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. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.