Fusang wins regulatory approval for landmark IPO of equity tokens - Aliens: AI Crypto News & Markets Updates
Logo
Logo

Feed

Coins

About

Latest

Bitcoin

Ethereum

NFT

Gaming

Policy

Blockchain

Altcoins

Fusang wins regulatory approval for landmark IPO of equity tokens

PublisherPublisher
AMB Crypto

Thu, Jan 20, 2022

Banner

Aliens TLDR

Fusang Corp (FSC) equity tokens give investors direct shareholding in Asia’s first regulated stock exchange for securities tokens and, by extension, the future of the industry.

FSC equity tokens are slated to list on Fusang Exchange by end of 1Q22.

Fusang today announced that it has received approval from the Labuan Financial Services Authority (Labuan FSA) in Malaysia for the Initial Public Offering (IPO) of FSC equity tokens, which directly represent shares in Fusang Corp.

This approval clears the path for the world’s first IPO of fully regulated equity tokens The offering of 2,500,000 equity tokens will give both institutional and retail investors a direct stake in Fusang Corp, which operates a fully licensed and regulated digital ecosystem that includes Fusang Exchange, Asia’s first regulated stock exchange for security tokens.

The FSC equity tokens will be listed on Fusang Exchange by the end of the first quarter of 2022.

To comply with securities regulations, the company has built a fully licensed, end-to-end platform that leverages blockchain technology to facilitate client onboarding, trading, and the management of security tokens and assets, including crypto.

Media Contacts Ashbury Ellin Choy +852 9839 7442 Fusang Farah Jaafar Mobile: +60123261216 About Fusang Fusang is Asia’s first fully licensed and regulated digital financial ecosystem for security tokens and assets.

Licensed in two jurisdictions (Hong Kong and Labuan, Malaysia), Fusang operates a fully licensed and regulated digital ecosystem which includes Fusang Exchange, Asia’s first regulated stock exchange for security tokens.

Read full article on Aliens appRead from Original Source

The best experience is on the app

Everything happening in the crypto world, in real time

app

Recommended Stories

Article list item background

Crypto Analyst Explains Why Cardano ($ADA) Remains a Top 10 Cryptoasset

A popular cryptocurrency analyst has on social media explained why he believes Cardano ($ADA) has managed to remain a top 10 cryptoasset during the ongoing bear market that has been affected by the collapse of the Terra ecosystem.
CryptoGlobe
·

4h

Altcoin

Recommended Stories

Article

Can Ethereum [ETH] defy the mounting bearish pressure this time

Article

Filecoin [FIL]: Unraveling the ramifications of an extended bearish rally

Article

Luna relaunch kicks crypto hype machine back into gear

Article

Will Ethereum’s low gas fees help ETH go up the price chart

Article

NFT Market Shows Signs of Recovery Despite Low Trading Volume

Article

TerraUSD developers vote to create new blockchain without failed stablecoin

Article

Bitcoin to $500k by when? Revealing what PlanB and the metrics say

The best experience is on the app

Download app to discover exclusive content, live market updates and more.

Get smarter and richer with the Aliens Crypto Digest

Stay informed and entertained, for free.

Follow Aliens

Advertise