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Swiss Firm Become The First Regulated Entity To Issue Shares As Freely-Traded Crypto Tokens
Summary: Registered Swiss crypto company CrescoFin intends to have its shares listed as equity tokens on the DODO Exchange and the Balancer Exchange, according to a recent announcement. The CrescoFin equity tokens will be the first issued by a regulated entity to DODO Exchange and Balancer. It will also be the first equity token protected by ...
Registered Swiss crypto company CrescoFin intends to have its shares listed as equity tokens on the DODO Exchange and the Balancer Exchange, according to a recent announcement.
The CrescoFin equity tokens will be the first issued by a regulated entity to DODO Exchange and Balancer. It will also be the first equity token protected by Swiss law and the first use of a wrapped equity token with no pre-sale. The equity token is an ERC-20 token representing one share of CrescoFin.
The announcement stated that CrescoFin may create a Uniswap pool after the listing. At launch, it will be available in ETH, Dai and USDT. CrescoFin offers insured savings accounts with higher rates than a bank advised by big names in crypto including the founder of Aave, Stani Kulechov.
By Emily Mason
Tags: Balancer,CrescoFin,Dai,DODO Exchange,ETH,USDT
Link: Swiss Firm Become The First Regulated Entity To Issue Shares As Freely-Traded Crypto Tokens [Copy]
