US Cryptocurrency Exchange Issues $5,000,000 Private Placement

Memphis, Jan 18, 2019 ( – TCXhub has issued its presumed last round of capital funding via a Private Placement Memorandum (pursuant to Rule 506c of Regulation D and Regulation S of the Securities Act of 1933; as amended). According to the $5,000,000 PPM, TCXhub will be utilizing the capital funds to grow its consumer use benefits, increase its marketing, and complete legal filings for a NY Bit License and the process to become an approved ATS.

What is an ATS? An ATS is a trading system that meets the definition of “exchange” under federal securities laws but is not required to register as a national securities exchange if the ATS operates under the exemption provided under Exchange Act Rule 3a1-1(a). To operate under this exemption, an ATS must comply with the requirements set forth in Rules 300-303 of Regulation ATS.

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TCXhub is a premier trading and financial technology company. TCXhub built the best digital asset exchange by focusing on the needs of professional traders and digital currency experts. TCXhub is dedicated to making digital currency trading accessible, fast and totally secure.

As the PPM states, Accredited Investors who reside in the US and Canada may participate under Rule 506c of Regulation D and any Foreign Investor may participate under Regulation S. The Private Placement Memorandum and other information can be found online at 

TCXhub and its products can be found online at,

Source :TCXhub

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This article was originally published by IssueWire. Read the original article here.

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