Cape-based property investment specialist Flyt Property Investment has launched Africa’s first property-backed security token. The Flyt token (FLYT), which resides on the Ethereum blockchain, allows investors to subscribe for, redeem and transfer shares in the Flyt Hospitality Fund, a South African Section 12J fund investing in hospitality property and apart-hotels. One Flyt token is equivalent […]
The tokenisation of assets involves the digital representation of real (physical) assets on distributed ledgers, or the issuance of traditional asset classes in tokenised form. Asset tokenisation has become one of the most prominent use-cases of distributed ledger technologies (DLTs) in financial markets, for assets including securities (e.g. stocks and bonds), commodities (e.g. gold) and […]
Capital infusion from Sony Financial Group’s venture capital arm marks the latest endorsement of Securitize and its underlying technology Securitize, the trusted solution for modernizing capital markets by enabling digital securities, has secured a strategic fundraise from SFV・GB L.P, a corporate venture capital fund managed by Sony Financial Ventures (SFV) and Global Brain. The investment […]
