PolySign – SEC – Form D – Notice of Exempt Offering of Securities

[peanut56]

https://thexrpdaily.com/2019/04/24/polysign-sec-form-d-notice-of-exempt-offering-of-securities/

[XRPboi]

Explain it to me like I am 5?

[kanaas]

Explain it to me like I am 5?

Securities offering = NOT XRP [emoji57]


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[Trentsteel]

ELI5 

[peanut56]

Polysign is trying to raise money to hire people to offer custody solutions for xrp. It was started by the same people people who designed xrp.

[Dario_o]

Polysign is a privately held US company.

Privately held companies that raise capital are required to file a Form D with the SEC to declare exempt offering of securities.