Patientory, a blockchain-focused digital health company, has gained $7.2 million in an initial coin offering, according to StartUp Health.
StartUp Health is a global, entrepreneur-led company focusing on organizing and investing in new platforms, firms and projects. Patientory is a StartUp Health company.
More than 1,700 purchasers from around the world bought 70 million PTOY tokens, the company's cryptocurrency. The tokens, which appreciate over time, are an asset that purchasers can sell to others. They also grant access to Patientory's blockchain infrastructure.
Most of the purchasers were from the U.S., Russia and Asia. There were also purchasers from the United Kingdom. The purchasers will be able to trade the PTOY tokens on the Bittrex, TokenMarket, HitBTC, ICObazaar and Liqui exchanges.
Patientory laid out a roadmap of milestones that it will accomplish using the funds raised from the sale of the tokens.