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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

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