DeFi firm Aurox launches SEC-compliant crowdfunding campaign on tZERO
“This is a great opportunity for us to raise capital from our community and the broader public on a leading fully regulated platform. We are confident that the tZERO Markets platform will provide us with the exposure and reach we need to attract a diverse investors to support our business growth.”
Aurox, a cryptocurrency DeFi-focused software development company, has launched a crowdfunding campaign on the tZERO Markets platform, seeking to raise capital from the public to continue product development and expansion.
Conducted under the Regulation Crowdfunding (CF) promulgated by the Securities and Exchange Commission (SEC), the fundraiser will allow qualified retail investors to purchase shares of Aurox.
Democratization of capital raising in pre-IPO companies
The move is a major step in the democratization of capital raising in pre-IPO companies, using a transparent and self-directed platform operated by an SEC and FINRA-regulated broker-dealer.
Aurox facilitates access to decentralized finance to traders, investors, and institutions with a suite of proprietary tools. The crypto software development firm was co-founded by crypto traders Giorgi Khazaradze, Ziga Naglic, and Taraz Andreyevich in 2020.
Currently serving an estimated 70,000 crypto traders, Aurox launched its free trading terminal, an all-in-one platform that integrates 50+ exchanges, 100,000 pairs, advanced market trend indicators and real-time data. Last year, the company released its web3 wallet.
David Goone, CEO of tZERO, said: “We are thrilled to be working with Aurox on their crowdfunding campaign. With tZERO Markets platform, we are providing a fully regulated environment for investors to access and invest in innovative companies like Aurox. Our goal is to democratize access to capital and make it easier for companies to raise funds while providing investors with access to a diverse range of investment opportunities in a compliant environment.”
Giorgi Khazaradze, CEO of Aurox, commented: “We are delighted to be working with tZERO on our crowdfunding campaign. This is a great opportunity for us to raise capital from our community and the broader public on a leading fully regulated platform. We are confident that the tZERO Markets platform will provide us with the exposure and reach we need to attract a diverse investors to support our business growth.”
tZERO offers institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology, and trade on a regulated alternative trading system.