SEATTLE, Jan. 31, 2023 /PRNewswire/ — Blu Canary Capital, a global advisory and fund management firm at the forefront of the regulated digital securities world, is delighted to announce that it is partnering with innovative Web3 company XMANNA to take the project public.
XMANNA is a leading multi-patented blockchain software provider building the future of engagement with gaming service protocols, representing the next stage in the evolution of sports loyalty applications. Leveraging cutting-edge technology and seeking to capitalize on the full technological potential of the metaverse, XMANNA is a leading project in the Web3 space.
Blu Canary is now partnering with XMANNA to facilitate the next stage of the project’s evolution. With the assistance of Blu Canary’s team of industry experts, the XMANNA token will be distributed to investors via a Security Token Offering (STO).
XMANNA’s CEO, Steve Stein, commented, “We considered several options for our next raise but signed on with Blu Canary because their deep expertise and focus on compliance gives us confidence that we raise money globally without running afoul of any country’s regulations.”
Blu Canary is building on the foundation laid by security token pioneers and applying a third dimension to the emerging world of Web3 and decentralized finance. This approach will open up access to early-stage investments in a wide range of innovative companies.
Rory Rawlings, Blu Canary CEO, explains, “We are excited to partner with XMANNA because their business model is perfectly designed to take advantage of the third dimension for security tokens–what we call Insumer ownership. Multi-player gaming has powerful network effects that are turbocharged by security tokens. Proof of ownership via a synced wallet offers new ways to reward your community and improve retention.“
Blu Canary helps companies with large audiences and “tribal power” raise money through SEC-registered digital securities. The firm assists in funding…
