Express

Digital Securities Platform Tokensoft Claims To Be One Of The First To Tokenize Equity

Ramsey Baker

Summary: Tokensoft, the digital securities platform for enterprises and financial institutions, claims it has become one of the first companies to tokenize its equity after utilizing blockchain tech as a means to distribute equity to investors in a $4 million funding round. According to a blog from Tokensoft on April 20, the investors be given a virtual ...

Tokensoft, the digital securities platform for enterprises and financial institutions, claims it has become one of the first companies to tokenize its equity after utilizing blockchain tech as a means to distribute equity to investors in a $4 million funding round.

According to a blog from Tokensoft on April 20, the investors be given a virtual representation of their investments (based on a Simple Agreement for Future Equity, or SAFE, model) on the Ethereum blockchain via the ERC-1404 tokens, in order to guarantee the SAFE agreements will be enforced on-chain.

By Ramsey Baker

Last Update:

Tags: ,,,,
Link: Digital Securities Platform Tokensoft Claims To Be One Of The First To Tokenize Equity   [Copy]
Next:

Related Articles

  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 2 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 3 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 13 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 15 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 16 days ago

    • You need to login to comment.