Shares in blockchain investment focused Global Blockchain Technologies Corp. (CSE:CORP) zipped up 10% in Toronto as it updated on recent positive developments concerning the laser network crowdsale, which began on September 3.
The Laser network is a blockchain solution that allows different cryptocurrencies on different blockchains to be transacted without the use of a centralised exchange.
The crowdsale is aimed at establishing Laser Technologies Corp - a governance organisation for the Laser network until the network's voting process moves onto the blockchain network.
Last week, the company began a roadshow in Europe to generate interest from investors and infrastructure providers.
"The result of this, combined with existing investor relations efforts, has resulted in confirmed interest from several institutional investors for participating in the crowdsale, as well as numerous infrastructure providers in the blockchain network space for operating service nodes," the company said in today's regulatory release.
The company said that starting this week, individuals who have registered their interest in the Laser network's crowdsale on the investors' page will be contacted to begin the next steps for their investment.
The company is focused on streamlining the currently arduous and complicated process that investors must go through to gain exposure to the cryptocurrency space.
Shares in Global Blockchain Technologies Corp.added 10% in Toronto to stand at C$0.165 each.