Crypto Asset Rating, Inc. (CAR INC), a US-based Fintech company, announced today its launch of a digital security token using the company’s Tokenization Asset Platform.
The security token is backed by Class B Common Stock and is exempt from registration under Regulation S of the Securities Act of 1933 where only non-US investors can invest in the offering.
The funds raised during the token sale will be used mainly for product development, marketing, and infrastructure management.
The company is expected to offer three bonus offering models to its investors, each with different phases of exciting extra bonuses for early investors. Read our Private Placement Memorandum for more details.
“We expect tokenized securities to increasingly become more mainstream as more of our clients start to embrace tokenize securities as part of their capital fundraising exercise which we believe will bring change to the digital economy”, said Pramod Attarde, Chief Executive Officer of Crypto Asset Rating, Inc.
The Token offering details are:
| Type of Token | – | Regulation S for non-US investors |
| Token Properties | – | Backed by Class B of Common Stock |
| The token is available only to non-US investors | ||
| Accepted Currencies | – | Bitcoin (BTC), Ethereum (ETH), USD |
| Token Standard | – | ERC1400 Standard |
| Decimals | – | 8 |
| Token Issuance | – | After closing of the offering |
| Token Name | – | RATING |
| Token Symbol | – | RATING |
The company has already achieved enormous success with the launch of its advanced rating platform, Crypto Business World Media Platform. CAR INC recently launched a job platform focused on the Fintech industry that allows prospective candidates to connect with their desired employers.
Today, CAR INC is one of the prominent leaders in the crypto market. With innovative and pioneering products like Crypto Asset Rating Platform (CARP) and Tokenization Asset Platform (TAP), Crypto Asset Rating has set the perfect example for reinventing the…
