Ƀ 0.00000184
5 years ago
(0.00%)
CommerceBlock token was an ERC-20 token based on the Ethereum blockchain that powered the CommerceBlock platform. The platform will provide a combination of trust minimal trade, decentralised contract execution and on-chain derivatives allowing anyone to build and use financial products and services historically reserved for commercial banking customers.
On September 2020, CommerceBlock announced the decision to migrate its CommerceBlock Token (CBT) from an ERC20 to an ERC1404 security token. This will result in the current CBT tokens exchanged for a new security token which will represent shares in CommerceBlock Holding Limited (CBH), a UK incorporated company which owns 100% of CommerceBlock Limited.
CommerceBlock has retained Crowd For Angels(UK) Limited, an FCA regulated crowdfunding platform to facilitate the token swap, who has partnered alongside CommerceBlock on many projects, will be managing the token swap.
Try our free CommerceBlock Token (CBT) portfolio tracker if you want to efficiently keep track of your CBT and other coin/token investments.