SOMA Finance Prepares to Issue the First Legally Released and Structured Digital Asset

SOMA Finance has announced its plans to offer the SOMA token, the first legally issued and structured digital asset, to global and U.S. retail investors at the end of this month, including the right to receive a 10% dividend from SOMA profits. The company intends to sell up to $5 million worth of tokens at a price of $2.50 per token.

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 platform. 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

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