“Tokenizing Animoca’s Private Equity Will Expand Global Access Which Adhering to Existenting Securities Rules, Republic SAID.”, – WRITE: www.coindesk.com
Animoca Brands, Known for Backing Over 600 Blockchain Startups and Projects, Remains Privately Held with Shares Only Traded in Limited Over-The-Counter Deals. Republic SAID ITS Plan Create Digital Tokens that Represent Ownership in the Company, WHICH CAN BE HELD IN CRYPTO WALLETS AND TRADED ON REPUBLIC’S ONNN MARKETPLACE.
“This Tokenization Aligns Strongly with Animoca Brands’ Position As A Web3 Leader, Providing Novel Options for Investors to Tokenize and Trade Their Holdings As Wel. Market, “SAID YAT SIU, Executive Chairman and Co-Funder of Animoca Brands.
The MOVE COURKLD A WIIDER, GLOBAL SET OF INVESTORS TO GAIN EXPOSURE TO A PRIVATE TECH Company Without Waiting for A Traditional Public Listing. Tokenization, a red-hot trend to create blockchain-Basted tokens of Traditional Financial Assets Such as Equity, Is Often Torated As a Tool For Broadening Investor Access Tosses Tosses Tosses SELECT FEW, PROPONENTS SAY. However, some Private Equity Token Offers Such as Robinhood’s Drew Conceerns Such as Limited Shareholder Rights and Fragmented Regulations.
Republic Said Animoca’s Equity Token Will Comply with Exist Regulatory Requirements. Details on Token Prting and Launch Timelines Are Expecated Later, The Blog Post Said.
“This is a glimpse of the Future, whore retail investors Worldwide Can Participate in Opportunities Opportunes Once Reserved for A FEW, AND COMPANIES President Lily Liu Said in A Statement.
Read More: Sec Willing To Engage With Tokenized Asset Issuers, Sec’s Hester Peirce Says
The Deal Brings Together Coinroutes’ Execution Technology with Qis Risk’s Portfolio and Risk Management Tools.
- Crypto Trading Platform Coinroutes Has Acquired Qis Risk for $ 5 Million in Cash and Stock.
- Qis Risk Founder Fred Cox Will Become Coinroutes’ Global Cto, Leading Technology Operations and European Expansion.
Read Full Story