ForCrowd European Licence
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The Board of Quantum Blockchain Technologies (AIM: QBT) is pleased to provide an update on its investee company, Forcrowd Srl ("Forcrowd"), the Italian equity-crowdfunding platform, in which it holds a 41% stake.
The successful EU Passport application was supported by professional advisors such as Grant Thornton Financial Advisory Services Srl that have been instrumental in assisting Forcrowd throughout the process and will continue to provide support.
Following the complex ESMA authorisation process, Forcrowd is now planning to relaunch its crowdfunding activities, with several campaigns already in the pipeline and scheduled for launch in the second half of 2024.
Forcrowd's planned crowdfunding campaigns will focus primarily on two sectors:
Real Estate: supporting renovation, redevelopment and energy efficiency of private and commercial properties.
Energy: promoting sustainable growth through transition to renewable energy using innovative solutions and technologies.
Francesco Gardin, CEO and Chairman of the Company commented: “We are delighted that Forcrowd has obtained its EU Passport following a nearly year-long application procedure, which will allow them to fully launch their crowdfunding operations in two strategic sectors potentially across the whole of Europe; a significant increase in its market.”
Quantum Blockchain Technologies Plc
Francesco Gardin, CEO and Executive Chairman +39 335 296573
SP Angel Corporate Finance (Nominated Adviser & Broker)
Jeff Keating +44 (0)20 3470 0470
Kasia Brzozowska
Leander (Financial PR)
Christian Taylor-Wilkinson +44 (0) 7795 168 157
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