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Rock Trading record-breaking crowdfunding: over one million collected

The leading group in the cryptocurrency sector, Rock Trading, which has become an innovative SME, has raised over one million in equity crowdfunding and received over €100,000 in Bitcoin. A real record that underlines the interest and trust in the crypto sector in Italy. The capital raised will be used to finance a development plan aimed at expansion in the European market.

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Interest and confidence in the cryptocurrency sector is growing worldwide. In Italy, that is also demonstrated by the success achieved by Digital Rock Holding SpA, the first ecosystem in Italy and Europe linked to the world of cryptocurrencies that is achieving one record after another. 

Thanks to its participations, all Italian, the group is now able to cover the entire chain of products and services of this industry, from the purchase and sale of cryptocurrencies in euro thanks to The Rock Trading platform – the company’s flagship, to the dissemination and correct information on blockchain technology.

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Digital Rock Holding registered a record on Opstart

The equity crowdfunding campaign active on Opstart has exceeded the initial collection target, breaking down the million euro wall. The company also received more than $116,000 (€100,000) in Bitcoin contributions. It is the first company to achieve such a result, not to mention that it is also the first holding company operating in the cryptocurrency sector in Italy to have announced the transformation into an innovative SME.

This means that investors participating in the campaign can enjoy the new tax benefits provided by the Relaunch Decree for those who invest in startups and innovative SMEs. In detail, natural persons are entitled to a 50% deduction of the capital invested up to a maximum annual amount of $349,000 (€300,000), while legal entities and natural persons exceeding the threshold of  $349,000 (€300,000) benefit from a 30% deduction.

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The capital raised will be used to finance a development plan aimed at expansion in the European market which also includes a listing on the stock exchange.

Growing interest in Bitcoin and blockchain

The response of investors to the call of Digital Rock Holding on Opstart is yet another demonstration of the fact that even in Italy people are realizing the enormous potential of the crypto sector and the contribution it can make to the economy of a country. Just to mention a few figures, according to the Deloitte’s 2020 Global Blockchain Survey – From promise to reality, almost 40% of companies around the world have included blockchain in their digital agenda, and almost 90% of respondents believe that this technology will become increasingly important in the next 3 years.

For those interested in learning more about Digital Rock Holding SpA’s equity crowdfunding campaign on Opstart and the world of investments in cryptocurrency and blockchain, they can watch the live streaming meeting with Andrea Medri, co-founder of The Rock Trading, and Filippo Angeloni, digital entrepreneur, and financial advisor. The latter, with almost 20 thousand subscribers and over 1.5 million views on his channel, is one of the most followed Youtubers in the Personal Finance sector in Italy. 

The crypto sector in Italy is starting to develop, with an increasing number of people interested in investing in cryptocurrencies. The crowdfunding campaign of Digital Rock Holding is the best example in this regard.

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(Featured image by geralt via Pixabay)

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First published in Money.it, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.

Daphne Freeman has worked in the crowdfunding and impact investing industry for the past few years, gaining experience in marketing, and connecting businesses and entrepreneurs in need with the right investors. As a seasoned grant writer as well as financial market journalist, she is passionate about making a social impact in the world. A free spirit, Daphne also enjoys writing and exploring topics of interest, currently CBD, health and beauty, and social media influencers.