STOCKHOLM IT VENTURES AB ANNOUNCES BYTEMINE TOKEN PRIVATE AND CROWD SALE UPDATES
STOCKHOLM, SWEDEN (3 August, 2018) – Stockholm IT Ventures AB (Frankfurt Stock Exchange: SVAB), a Swedish technology company and a full service financial institution focused on blockchain technology, today announced it has successfully raised more than EUR 5 million in its private institutional Bytemine (BYTM) token pre-sale round. This includes significant investments from Pecunio, a blockchain focused investment fund, as well as Netoil, Inc., a company owned by Roger Tamraz, Chairman of Stockholm It Ventures. The funds realized from this private sale will enable Bytemine to commence