YouNow Sees Strong Revenue Growth After SEC Approves Token Distribution

Updated : 2019-10-10T12:42:17

In a disclosure published by the U.S. Securities and Exchange Commission (SEC), blockchain-based live-streaming company YouNow reported revenues have grown steadily since the release of its props token in July.

The filing follows YouNow receiving approval from the SEC this summer to distribute its props token under a Regulation A+ qualification, one of the new categories of fundraising created by the JOBS Act of 2012.