Minsk-based Currency.com, a company affiliated with the trading platform Capital.com, has raised $8 million in funding from Larnabel Ventures and VP Capital. The startup has also announced the launch of what it claims to be “the world’s first fully-functional trading platform for tokenised securities.”
The newly-launched platform allows investors “trade, invest in, and benefit from exposure to, real-world financial instruments by directly using cryptocurrencies,” Currency.com stated in a press release. It plans to issue more than 10,000 tokenised securities that will track and mirror the performance of common financial instruments. For instance, a crypto investor would be able to buy a token tied to an Apple share on Nasdaq, etc.
The platform is currently only available as a web app but the company plans to start beta testing of its mobile applications in February.
Currency.com is based out of Minsk's High Technology Park (HTP), becoming the first blockchain business licensed by it. All residents of the HTP get an exemption from most Belarusian taxes until 2049.
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