TokenGet has been working hard in the last months to lay down the foundations of an STO platform that will allow projects to launch a secure and compliant Security Token Offering with the first issuer being live now.
TokenGet has been the most trusted Initial Coin Offering platform for the last year and a half.
54 ICOs have already chosen TokenGet and have raised close to $1 billion through their software. Amongst the projects working with the issuance platform are Bidooh, Farmatrust, Omnitude.tech, BETR, Blockchip, Peculium, Banca World and many others.
TokenGet first Security Token Offering
BlueOcean.Swiss is the first STO using TokenGet STO Platform. Blue Ocean is the first tokenized MedTech VC fund investing in Europe’s best companies. BlueOcean Ventures II has a team with over 80 years of combined startup and MedTech industry experience. BlueOcean.Swiss knows how to identify the MedTech startups that will deliver results – this team had seamlessly increased BlueOcean Ventures II’s portfolio value by 48% by the end of 2017.
Their opening event was held at Malta Blockchain Summit at the exquisite restaurant Acqua Terra E Mare, Saint Julian’s. The event was packed with investors and industry leaders that were eager to learn more about BlueOcean.Swiss. The interest in the STO platform provided by TokenGet was also overwhelming.
TokenGet is going to launch its next two STO projects in early 2019 for companies based in Switzerland and Singapore.
Since its launch, TokenGet ICO Platform has been constantly improved to meet the highest requirements in the market and the new STO Platform has been built with the same passion, vision and hard work. The focus of the new platform is set on conversion rates and security, all backed by the long-standing reputation of Tokenget. Another competitive advantage is that the security issuance platform does not require the use native utility tokens.
Why and how to tokenize?
The companies which are likely to tokenize are the ones having the following traits:
- Few million dollars in ARR
- Running a global business
- Desiring liquidity for stakeholders
- Desiring a funding method that will connect them with their customer base
Setting up a Security token offering takes between 4 and 6 months. Hiring advisors, structuring the token economics and setting up the security token platform requires a huge amount of the companies’ time.
To sum up
The greatest benefit that security tokens provide is access to a global pool of capital. The market is ripe enough for a mid-sized company to tokenize its offering and, not only receive funds to grow its business, but also expand the community.
TokenGet is going to provide the most feature-abundant platform that will also allow STOs to enjoy an integrated post-issuance governance system.
Disclosure: TokenGet is the sponsor for this article.