Tag Archives: Xiaomi

Smartphone Maker Xiaomi Denies Link to BMxXMI Token Sale

Blackmoon’s BMxXMI Token Offering

Blackmoon announced last month its plans to tokenize Xiomi’s Initial Public Offering (IPO), which will initiate July 9 on the Hong Kong stock exchange. Interested parties can already buy the so-called BMxXMI, which is “referenced by the shares of the Xiaomi Corporation.” The payment options include Ethereum (ETH), Bitcoin (BTC) or Litecoin (LTC). Blackmoon explains on its website that the proceeds raised in the ICO will be converted into fiat currencies and transferred to brokers, who will subsequently purchase Xiaomi’s stocks from the secondary market on investors’ behalf. Continue reading Smartphone Maker Xiaomi Denies Link to BMxXMI Token Sale