- Blockport failed to raise €1 million in the STO sale
- Declared bankrupt by the Dutch court last month
Dutch crypto exchange Blockport will attempt to relaunch operations after it had previously announced that it filed for bankruptcy. Last month, the Dutch court issued a bankruptcy declaration to Blockport after the firm failed to reach a soft cap of €1 million ($1.1 million), in the security token offering (STO) of Blockport Securities (BPT) tokens.
The STO was designed to offer investors the ability to buy BPTs with a minimum investment of €500 ($560).