EQBR Holdings (“EQBR”), an early-stage, high-growth web3 blockchain company, has developed a Security Token Offering (STO) solution whereby businesses can complete the offering of securities tokens and the applications that support it (e.g., wallets, exchanges, etc.) within 30 minutes or less. EQBR has announced plans to fully integrate the Equilibrium Blockchain with APANDA Partners (“APND”). IGIS Asset Management (“IGIS”), the nation’s top real estate asset management company with a portfolio of over $45 billion in Assets Under Management, has the real estate assets available to be tokenized and Shinhan Financial Group (“Shinhan”), Korea’s largest financial group with $77 billion in Assets Under Management, will leverage its vast reach in customer accounts and sales network on a global scale.
This is the very first and only fully-regulated, end-to-end platform for listing and trading FSC-registered security tokens in Korea. The Equilibrium integration, which is planned to be completed in the first half of next year, is another milestone in the shared vision to lead the world in bringing and accessing large-scale real-world assets on chain.
The FSC has taken a very conservative and prudent position in issuing Sandbox Approvals – innovative financial services – to blockchain technology companies and APND went through FSC’s intensive examination for the last year as a joint venture of three parties in IGIS, Shinhan, and EQBR. This is why the Sandbox Approval for a blockchain-based fragmentized investment platform is a breakthrough for the blockchain industry and financial markets drawing global attention.
APND’s business model is summarized as follows: APND acquires high-quality assets (mainly real-property secured loans) identified by IGIS, and entrusted to Shinhan. Shinhan will issue and sell the beneficial certificates to customers, but actual trading will be done through tokens to be issued by APND. The individual investor may…
