BlockNubie, a strategic partner of Challenge Advisory, have successfully raised $5 million in funding through a private coin sale.

The company value offering has been built around a desire to help entrepreneurs across different industries successfully launch blockchain ventures. As this market has become increasingly crowded and competitive, BlockNubie have positioned themselves as the foremost support structure provider for start-ups to access blockchain focused tools, knowledge, networks and funding resources.

The $5 million in funding was raised from a range of investors and matched the company’s hard cap on the pre-sale.

Loughlin Nestor, CEO of BlockNubie, said in a recent interview, “We knew we had a solid offering but, even so, the response from the blockchain and investor community has been overwhelming. We are currently contacting all who pledged contributions, and will reach out to everyone over the coming days.”

The company are now working with a strategic partner in the US on compliance, security and investor accreditation to formalise the progression of their full ICO, with their public pre-sale now scheduled for the 2^nd April.

To find out more about Challenge Advisory’s work in the fields of funding and blockchain, visit our industry practice page through this link: https://www.challenge.org/blockchain/