Digital Asset Monetary Network Inc. (OTC: DATI) Pioneers Innovation Through Social Impact and Value-Based Investing
The blockchain and cryptocurrency industry is in sharp focus yet again following some recent developments with regards to Bitcoin. There are a large number of companies that now operate in that space, but it is imperative for investors to do their research diligently in order to discover interesting companies. One of those could be Digital Asset Monetary Network Inc., an investment firm that is well-known for being able to integrate social impact investing with value investing.
The company hit the newswires in a big way on January 3, when it provided a range of major updates about its numerous strategic business divisions. One of the updates was with regards to Bullet Blockchain, a division under the Business Management and Administration division at Digital Asset Monetary Network. It was also described as a client company. In the update, the company revealed that throughout the course of 2023, Bullet Blockchain had been able to hit significant milestones. It did it through the implementation of its Bitcoin ATM strategy as well as the enhancement of its patent strategy.
One of the major achievements for Digital Asset Monetary Network was the approval that it had been awarded for raising $75 million in a Regulation D offering in the second fiscal quarter of 2023. The approval of the same was a major leap for the company since the fresh capital would help it move forward with its ultimate aim of concluding the commercial launch of the PAN initiative.
The company also revealed that it had started a small-scale fundraising initiative through bridge loans from founders and investors. The Digital Asset Monetary Network noted that the bridge loans served a significant purpose. It helped the company get the time to draw up a list of accredited investors who would participate in its above-mentioned offering.