Tōquidity, a Tokenization as a Service company that unlocks liquidity for business and asset owners through digitization, announced Global Blockchain Ventures Fund, LP (GBV) has filled Tōquidity’s seed round of funding. GBV is a blockchain-focused fund, “Investing in disruptive and promising projects with the ability to offer actual, practical blockchain solutions to benefit the global economy.”
Tōquidity enables companies to leverage the benefits of tokenization by helping unlock liquidity through secure token offerings (STOs). Tōquidity Co-Founder Andrew Odenbach said, “99.9% of business owners are not aware that they can create liquidity by digitizing their asset and issuing a secure token to prospective investors. We are delighted that GBV sees the opportunity and is not only backing Tōquidity but providing access to their portfolio companies and network of relationships within the industry.”
Security tokens are regulated by the Securities law of 1933 and represent an ownership stake in a tangible asset, typically a company, and entitles its holder to a share of the profits in the asset. When the company profits, the token holder profits. Security token holders own something that can pay off through profits, distributions, asset appreciation and asset sales.
Tōquidity Co-Founder Lee Chojnacki said, “Tōquidity will use the capital for ongoing operations and to shore up the necessary tokenization platform and software licensing agreements to provide clients with a turn-key solution to manage the issuer dashboard, share cap table, automated trading compliance, payment of dividends, and KYC/AML/accreditation.”
Tōquidity is an industry agnostic service provider that represents a wide range of asset classes including real estate, private companies, hotels, resorts, energy projects, agriculture, sports teams, multi-family projects, investment funds and more. The company also enables real estate developers with an alternative and more…
