Jun 22
First Block, Onpharma and Crito Capital Launch STO on Solana
First Block, a digital securities infrastructure company, announced the launch of a new Security Token Offering (STO) together with Onpharma and Crito Capital. The companies say the
➤ First Block, Onpharma, and Crito Capital have launched the first Solana-based Security Token Offering (STO) for a U.S. medical device company. ➤ The STO represents ownership in Onpharma through blockchain-based security tokens, utilizing Solana for issuance, settlement, and distribution. ➤ Structured under Regulation S, the offering is available to qualified international investors, with First Block providing the tokenization infrastructure and Crito Capital handling structuring and advisory.