CityBlock Capital to conduct a token sale on SharesPost platform


SharesPost said fund manager CityBlock Capital will conduct a token sale on its platform and that SharesPost will provide secondary liquidity for the tokens.

CityBlock’s venture-capital fund, the NYCQ Blockchain Infrastructure Fund, invests in companies building blockchain-based capital markets infrastructure. Ninety percent of the capital targets early-stage companies, and the portfolio will include startups focused on clearing houses, exchanges, depositories, makers of market aggregation tools, securities services firms, data analytics, smart contract auditors and issuance platforms.

CityBlock Capital is the second digital-security issuer to turn to SharesPost in the past month, following VC firm Blockchain Capital in January.

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