By Chris Wack
Phunware Inc. shares rose 10% to $3.89 after The agency said it Shall start processing preliminary issuances of PhunCoin.
The agency said PhunCoin Shall be out there for buying and promoting solely on Securitize, a blockchain-enabled change agent registered with the U.S. Securities and Commerce Fee.
Following preliminary distributions, Phunware will reserve 72% of The utmost out there current, which is 100 billion PhunCoin. One PhunCoin is presently valued at 0.8 cents.
PhunCoin is managed by PhunWallet, which Is out there on Apple App Retailer and Google Play.
Write to Chris Wack at [email protected]