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Digital Securities Platform Tokensoft Claims To Be One Of The First To Tokenize Equity
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
Tags: Blockchain,ERC-1404 tokens,SAFE,tokenize equity,Tokensoft
Link: Digital Securities Platform Tokensoft Claims To Be One Of The First To Tokenize Equity [Copy]
