Venezuelan Digital Coin Presale Fetches $3.3Bln – Maduro
REUTERS / Marco BelloBusiness05:58 27.04.2018Get short URL2220
MEXICO CITY (Sputnik) – A presale of Venezuela’s state-backed virtual coin called petro has raked in $3.3 billion, President Nicolas Maduro said.
Maduro said in a statement on Thursday the proceeds would be transferred to the central bank to be auctioned off via foreign exchange platform DICOM, according to the AVN news agency.
The cash-strapped South American nation launched the presale of its oil-backed cryptocurrency on February 20. Maduro plans that the central bank will exchange petro tokens for gold.