Blockchain Capital Releases Offering Memorandum for Its $10 Million Digital Token Offering

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Blockchain Capital, the premier venture capital firm investing in blockchain technology companies, today announces that it intends, subject to market and other conditions, to offer up to USD $10 million in digital tokens (the “BCAP Tokens”). The BCAP Tokens are an Ethereum-based smart contract digital token representing an indirect fractional non-voting economic interest in Blockchain Capital III, Digital Liquid Venture Fund, LP (“BC III DLVF”). The BCAP Tokens are expected to be issued by Blockchain Capital TokenHub Pte. Ltd., an indirect wholly-owned subsidiary of Argon Group Holdings (“BC TokenHub”).  Full details on the tokens and the offering are disclosed in the Offering Memorandum published on www.vctoken.com.

BC TokenHub intends that the net proceeds of the offering will be transferred to BC III DLVF, which will, in exchange, grant BC III DLVF’s sole limited partnership interest to BC TokenHub. BC III DLVF intends to use such proceeds to invest in blockchain technology and crypto currency businesses and ICOs.

The BCAP tokens are being offered on a limited basis to a maximum of 99 accredited US investors under exemptions from registration with the U.S. Securities and Exchange Commission pursuant to Regulation D, Section 506(c) and Regulation S of the Securities and Exchange Act of 1933, as amended (the “Securities Act”), and the rule promulgated thereunder. Only accredited investors within the US and non-US persons outside of the US will be eligible to purchase BCAP tokens. This press release does not constitute an offer to sell or the solicitation of an offer to purchase the BCAP tokens, nor shall there be any offer, solicitation or sale of the BCAP tokens in any jurisdiction in which such offer, solicitation or sale would be unlawful. The BCAP Tokens have not and will not be registered under the Securities Act or other applicable state securities laws, and may not be offered or sold in the US absent registration or pursuant to an exemption from registration requirements of the Securities Act and under applicable state laws.

About Richard Kastelein

Richard Kastelein is the Founder, Publisher and Editor in Chief of industry leading online publication, Blockchain News, partner of token design and ICO architecture company Cryptoassets Design Group and co-founder and director at education company Blockchain Partners.

As a prominent keynote presenter, Kastelein has spoken on Blockchain at events in Gdansk, Beijing, Venice, Nanchang, Shanghai, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven, Bucharest, Munich, Nairobi, Tel Aviv, Manchester, Brussels, Barcelona, San Meteo etc, where he helped spread the cause for Blockchain technology and cryptocurrency and, consequently, has built a notable network in the scene.

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