All of the BTC raised will be spent as outlined in the prospectus.
Prospectus? So where does this venture fit in with UK regulators?
Banx Capital is moving to the Isle Of Man this coming week. I have personally met with the IOM government a few weeks ago and they are welcoming us and what we are doing with open arms. yes a jurisdiction that loves Bitcoin

They partially like our centralise exchange for crypto assets and have confirmed they will support us setting that element of our business there and would welcome an asset based exchange there too
any more questions let me know
regards
Mark