Smartlands announces first steps into the Asia-Pacific region after signing an MOU with InvestaX
Smartlands and InvestaX today announced the signing of an MOU to drive the adoption of digital securities and build an ecosystem for digital exchanges that allows for interoperability amongst such exchanges to cross-list tokenized digital security offerings. InvestaX is an asset tokenization platform focused on real assets and other alternative asset classes with established links to local venture capital, private equity and real estate principles in the Asia-Pacific region. Like Smartlands, InvestaX has also recorded some notable firsts, not least among which was, the launch of Digital Spac and the very recently concluded MAS proof of concept project for tokenization of Singapore Variable Capital Company (Project e-VCC).
Initially, we plan to establish a structure under which listings on one platform are automatically made available on the other platform giving both sides an expanded investor base for each platform’s new listing and wider market understanding for our own tokens.
“We are thrilled to start this relationship as it automatically scales the outcome of all our efforts to date. Our companies have achieved a lot by now, and we can complement each other in many ways, from the geography of the market and marketing to the technical aspects“. — said Ilia Obraztcov, CEO of Smartlands group.
We look forward to keeping the market updated as our Asia-Pacific plans progress.
Smartlands is a digital investment platform with a proven use case for tokenizing shares in real assets. Having its mission of tokenizing the real economy and bringing all its benefits to a broad audience, Smartlands launches an alternative investments project in Ukraine. The native cryptocurrency of the Smartlands ecosystem is the SLT token. It is limited to a maximum of 7.1 mln tokens and runs on the Stellar open-source network.
InvestaX is a leading digital securities investment and trading platform licensed by the MAS for offering end-to-end solutions for the issuance, trading, and custody of digital securities for real estate, private equity and other alternative investments. InvestaX is an early pioneer in the use of blockchain technologies and works with both issuers as well as investors to use DLT to develop leading technology-driven investment vehicles and products to reduce costs, increase efficiencies and transparency, remove friction, and facilitate secondary market trading in private capital markets.