Sep 9, 2021
Small and Medium Businesses Can Efficiently Prepare for Tokenization and Fundraising with the help of Tokenization Guideline
TALLINN, Estonia - Sept. 9, 2021 - PRLog -- Binaryx, a European digital asset exchange, released its tokenization guideline to help small businesses prepare for the native token issuance without intermediaries.
Tokenization of assets can unlock trillions of illiquid dollars for financing SMEs' growth. According to the World Bank's data, 90% of the global economy is constituted by 400 million small and medium business enterprises. Half of them face financial challenges and require extra $5.2 trillion annually.
Previously, Binaryx announced the launch of the tokenization platform and the first tokenization case. Binaryx is aspiring to create an ecosystem that enables users to complete the entire tokenization cycle within one platform.
"We are committed to building an ecosystem, which leads businesses throughout all stages of asset tokenization. With the help of our platform tools as well as documentation, business owners can adjust their companies and adequately prepare for the tokenization and capital raising" - comments founder and CEO of Binaryx Oleg Kurchenko.
The Guideline reveals step-by-step instructions on how to prepare for tokenization and mitigate all possible financial and legal risks. The guideline describes a number of elements, which Binaryx defined for the businesses as essential ones to adapt to the modern ways of investment raising. The most crucial steps include:
Contact
The Binaryx PR Team
***@binaryx.com
For WA’s mining crowd, Bindi Raye looked like the ultimate FIFO fantasy - but there was one big issue.
‘She was the light of our lives.’
After a week of fierce competition, the Fat Bear Week champion has been declared, with the accolade going to the heftiest bear in Alaska's Katmai National Park.
Police are understood to be investigating an incident involving the security of Prince Harry and Meghan’s children.
Movie star Sylvester Stallone is happy to take advice from his daughters.
Celebrity blogger Perez Hilton has recently been reconnected with his family.
Lisa Vanderpump is launching a hotel on the Las Vegas Strip and wants to create a legacy.
While Perth misses out on Laneway next year, organisers have announced special sideshows with festival headliners.
Sadie Frost has explained why she doesn't want to be pigeonholed.
Megan Thee Stallion has reflected on her high-profile split from Klay Thompson.
Tiffani Thiessen was left devasted when she missed out on a role in a Bond movie.
The contemporary art scene has never paid much attention to the humble mudskipper, until Justene Williams, who shows that art is where you find it.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.