SOMA Finance, in partnership with MANTRA and Tritaurian Capital, is preparing to launch a legally issued and compliant digital asset (security) targeting retail investors worldwide, including those in the United States, at the end of this month. The company plans to sell a total of $5 million worth of tokens in one or more tranches.
The initial tranche will be priced at $2.50 per token, offering holders the additional benefit of up to a 10% share in SOMA’s profits.
SOMA Token Marks a First in the Digital Finance Platform
SOMA Token is set to make history as the first Regulation Crowdfunding (Reg CF) launch compliantly on the SOMA.finance platform. SOMA.finance operates as a multi-asset decentralized exchange (DEX) and issuance platform for tokenized equities, digital assets, and non-fungible tokens (NFTs).
“We have quietly and diligently developed the necessary technology to launch a revolutionary decentralized marketplace for digital assets, compliant digital securities, and NFTs. Simultaneously, we have been in communication with regulators to progress towards providing a highly regulated decentralized financial platform.”
SOMA Finance co-founder William B. Heyn
Alternative Trading System with Blockchain Technology
Tritaurian Capital stands out as a registered broker-dealer member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). Moreover, it makes history as the first alternative trading system (ATS) broker-dealer to obtain a license for selling digital private placement securities using blockchain technology.
Source: Coindesk
