Venezuelan digital coin presale fetches $3.3bln –

15 November 2024

Venezuelan digital coin presale fetches $3.3bln – Maduro

15:31 27 April 2018 Read: 1147

Venezuelan digital coin presale fetches $3.3bln – Maduro

A presale of Venezuela's state-backed virtual coin called petro has raked in $3.3 billion, President Nicolas Maduro said, Sputnik reports.

Maduro said in a statement on Thursday the proceeds would be transferred to the central bank to be auctioned off via foreign exchange platform DICOM, according to the AVN news agency.

The cash-strapped South American nation launched the presale of its oil-backed cryptocurrency on February 20. Maduro plans that the central bank will exchange petro tokens for gold.

More about: #Venezuela

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