Akemona, Inc., a prominent asset tokenization platform and funding portal, has revealed agreements with three new issuers to facilitate worldwide equity token offerings on the Akemona platform in 2024. Operating within the regulatory framework of the U.S. Securities and Exchange Commission (SEC), Akemona specializes in providing digital stocks, smart bonds issuance, and asset tokenization services to businesses and financial institutions globally.
Ravi Srivastava, CEO of Akemona, expressed enthusiasm about the platform’s expansion, stating, “We are thrilled to announce the expansion of our platform for worldwide tokenized offerings of equity. By embracing blockchain technology, we are broadening access to investment opportunities on a global scale, fostering financial inclusion, and ushering in a new era of efficiency, transparency, and accessibility in the world of capital markets.”
Srivastava emphasized that the issuers are currently undergoing necessary regulatory checks, and detailed announcements are anticipated in the coming weeks. He underlined the transformative value of tokenization, highlighting its ability to enhance the efficiency of capital market operations by speeding up transactions, reducing intermediary involvement, and lowering counterparty risks.
While clarifying that tokenization itself does not increase the value or liquidity of real-world assets, Srivastava pointed out that tokenized real-world assets have tangible intrinsic value, differentiating them from cryptocurrencies. He anticipates that the true benefits of tokenization will be fully realized when securities regulations evolve to leverage the capabilities of smart contracts and blockchain, drawing a parallel to the transformation e-commerce underwent with changes in consumer protection laws and electronic signature regulations.
Akemona’s platform, known for converting natural language contracts into smart contracts, enables fund administrators to deploy these contracts on a blockchain. This innovative approach allows investors to purchase digital stocks and bonds directly from businesses and financial institutions, streamlining the capital-raising process.
Digital securities issued on the Akemona platform offer benefits such as reduced administrative costs, real-time capitalization table tracking, and verifiable ownership on the blockchain. Akemona Technologies, founded in 2018 by former Fortune 500 executives, prioritizes regulatory compliance, ensuring the integrity of its operating system and smart contracts.
Srivastava highlighted Akemona’s role in building a global ecosystem of digital securities, fostering collaboration with financial institutions, businesses, and communities. He commented, “This is an exciting journey towards a more connected, inclusive, and digitally empowered financial ecosystem.”
The Akemona platform guides business issuers through the capital-raising process, simplifying the creation of digital securities offerings, generating required regulatory documents, and automating smart contract production for token issuance. Investors can review offerings, invest through various payment methods, and receive digital securities in their wallets, ensuring a user-friendly and secure investment experience.
A notable feature of the Akemona platform is its blockchain-agnostic nature, compatible with both permissioned and permissionless blockchains. This flexibility enables efficient regulatory filings and automated smart contract generation, contributing to the platform’s adaptability in various regulatory environments.
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