Express

Akemona Announces Contracts with Sports Companies for Raising $10 Million Through Tokenization

Amy Liu

Summary: Akemona has announced the signing of two contracts, with a US football league and a sports infrastructure company, for raising $10 million on its platform. Akemona is the first SEC-registered, FINRA-member, crowdfunding platform that allows businesses to issue digital securities in the form of blockchain tokens.  Both these offerings are expected to go live on the ...

Akemona has announced the signing of two contracts, with a US football league and a sports infrastructure company, for raising $10 million on its platform. Akemona is the first SEC-registered, FINRA-member, crowdfunding platform that allows businesses to issue digital securities in the form of blockchain tokens. 

Both these offerings are expected to go live on the Akemona platform in 2022. Ravi Srivastava, Founding Partner of Akemona, noted that Akemona expects to sign 3 to 4 significant deals before the end of the quarter.The Akemona platform provides small businesses, sports leagues, teams, athletes and artists the ability to issue tokens for their projects and to invite their customers, fans and the general public to invest in the projects by buying these tokens.

By Amy Liu

Last Update:

Tags: ,,
Link: Akemona Announces Contracts with Sports Companies for Raising $10 Million Through Tokenization   [Copy]
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 23 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 8 days ago
  • You need to login to comment.