DeFi partnership aims to tokenize shares of pre-IPO companies

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Through the partnership, investors can own tokens that “represent ownership” of an LLC and can be traded through an asset marketplace. (Reporting via ezrareguerra)

Decentralized finance protocol Portal has partnered with the asset marketplace HighCircleX to tokenize stocks of pre-initial public offering companies, according to an announcement shared with Cointelegraph on Monday.

According to the announcement, HCX will create and manage a limited liability company for the investments. While the investors will not own the shares of the LLC, they will own tokens that"represent ownership" of the LLC. Such tokens can be traded on the HCX marketplace. Chandra Duggirala, Portal’s executive chairman, explained that the partnership aims to bring more utility to BTC. He said that:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

ezrareguerra darkshield dks

Lol you really wish to earn crypto?...just conceterate on liquidity mining...rather than dumps,NFt etc..you can earn quite alot doing this..no farm servers required.....interested...you can send a direct message...would spare time to put you through

ezrareguerra Gift donation campaign for children 0x2D3efb9174208f59110224b5fF3E6Fc93a756CC3 ETH

ezrareguerra XMetaverse_ X-Metaverse is a blockchain game developed by Cocos3D and can run on Android, iOS and PC. All game content items and characters are based on blockchain tokens and NFTs. The visual effects and gameplay of X-Metaverse are inspired by StarCraft and Star Wars.

What is your opinion about the current Bitcoin state, since its Fear and Greed Index is 44 - MILD FEAR, with price of 40298.390168107762 usd? Our analytical team has done extended research regarding BTC, but we want to hear your opinion also.

ezrareguerra Great !

ezrareguerra But I volunteered to bear all that suffering for you

ezrareguerra Bitcoin facing a sudden fall in the market doesn’t mean anytime, now isn’t the time to panic sell but to buy the dip, HODL and Whig the ride. While we wait for the market recover and get better, it’s important to follow experts like Candicestewartt to get daily BTC analysis.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines