NewsDialy
A record $50 million capital raise just closed for a nickel-backed asset vehicle, structured through blockchain tokens rather than conventional shares.
Tokenized, here, means investment interests are issued and recorded as digital tokens on a blockchain, held and transferred on the network rather than through a traditional share registry.
Bitfinex Securities completed the raise for Alkemya, a vehicle whose token represents interests in a partnership that holds nickel assets. Here is what the Alkemya token actually represents.
It is a stake in a partnership, and that partnership holds the nickel assets. A share of corporate stock gives a holder ownership in a company.
Keep reading