Xiaomi, the largest Chinese smartphone company, is set for a blockbuster $10 billion IPO this July according to Reuters. What does this have to do with blockchain? The answer is simple, now, crypto investors also have an opportunity to ride the wave of the performance of the Xiaomi shares on the Hong Kong stock exchange thanks to the Blackmoon platform.
Blackmoon launches the token sale of the BMxXMI asset token. This asset token offers a unique opportunity for crypto investors to get exposure to the Xiaomi Corporation shares starting right from the IPO date. The proceeds of the token sale will be transferred to the Broker to apply for a share allocation at IPO.
It took just seven years for Xiaomi to become world’s fourth largest smartphone company with $17 billion revenue in 2017 and 13% gross profit margin.
Xiaomi started with smartphones and diversified its business to wearable devices, IoT, laptops, mobile applications and other consumer electronics and computer hardware.
As of the March 31, 2018 the company is represented in 74 countries and has over 190 million active users.
Interested to learn more information on Xiaomi and to participate in the BMxXMI token sale before the IPO? Register at Blackmoon platform to get access to diversified investment opportunities.
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