The firm of the digital digital treasure of digital asset focused on Ethereum FG Nexus (FNG) said Thursday that the Specialist in Securitize Tokenization has taken advantage of to allow investors to have their common and preferred shares as tokens in the Ethereum block chain.
After the tokenization treatment of Securitize, shareholders can choose to turn their common actions (FNGX) into Ethereum headquarters, giving them the same legal rights as traditional actions. The company also touches its preferred perpetual action (FNGXP), which pays regular dividends, which makes it the first capital dividend that quotes the US exchange. UU. To completely pass the Rails Crypto.
The process aims to optimize how public actions are possessed and marketed using blockchain rails, while subject to the same regulations and rights as regular values. Tokenized actions will be resolved almost instantaneously, tracked in blockchain and transferred through the Securitize registered stockbroker and the alternative negotiation system (ATS).
“Tokenization is quickly changing financial markets through greater efficiency and greater accessor access,” said Maja Vujinovic, CEO of digital assets in FG Nexus. “By tokenize our actions, we are adopting Blockchain technology to further improve the shareholders’ experience while maintaining the highest regulatory compliance standards.”
Change Ochain
The measure occurs when the tokenization of financial instruments, such as capital actions, bonds and funds, is gaining impulse in cryptography markets.
A wide range of tokenized capital offers debuted in recent months, including Robinhood, Gemini, Global Markets of Ondo Finance and Xstocks per Kraken and backed finances, creating tokens versions of the companies and ETF that quote on the largest stock market. Some companies, such as FG Nexus, have chosen the native token, a structure that gives identical rights to tokens holders as regular actions.
“Our project with FG Nexus is expected to result in US investors to have real actions, not a synthetic wrapping, with instantaneous liquidation, automated compliance and the ability to exchange a chain through our regulated ATs,” said the co -founder and CEO of Securitize Carlos Domingo.
Securitize, also known for issuing the Tokenized Monetal Mercado Fund for $ 4 billion of Blackrock, was an early engine in this sector, creating tokens of supplier of cryptographic wallet supplier (exod) in Algorand in 2021.
Sharplink Gaming (SBET), another Eth Treasury firm, also presented plans to introduce its actions in Ethereum with the Bell platform of the tokenization firm of the Superstate firm.
Read more: ‘Tokenization is going to eat the entire financial system,’ says Robinhood CEO
