Photo: MyOutlets chairman Ronnie Faizal Tan and Danny Ee, advisor to HLD Technology's Haladinar token offering, at MyOutlets Global Halal Hub in Singapore on June 21, 2018. Salaam Gateway/Emm

Islamic Finance Halal Industry

Team behind Singapore’s MyOutlets launches $86 mln token offering for blockchain-based halal marketplace


*This story has been amended to clarify the text throughout that HLD Technology Pte Ltd, and not MyOutlets, has launched the Haladinar token

The team behind Singapore’s only all halal-certified supermarket launched on July 4 an initial offering of a new token for Haladinar, a planned blockchain-based marketplace.

HLD Technology Pte Ltd hopes to raise the equivalent of $86 million from the sale of 600 million new Haladinar tokens that will be supplied over three placements – the current private round, pre-ICO and public ICO.

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tags:

Blockchain
ICO
Marketplace