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Eastern European Nation Belarus has launched a new platform which allows users to purchase segmented versions of traditional financial badets such as gold and stocks. The project was started by IT companies VP Capital and Larnabel Ventures.
Users will be able to buy stocks, gold, precious metals, currencies, etc., in addition to cryptocurrencies. Belarus says it is the world's largest regulated stock market.
Transactions made on the platform will be free from 2023. The country is striving to attract foreign investors and revive the economy. His efforts in the information technology sector may not be in vain. The tax exemption and the cryptocurrency laws could very well attract a lot of money: 2,000 registrants had registered during the first two hours.
There are currently 150 types of chips on the platform, including Apple stocks and oil. Officials expect to raise this figure to 10,000.
Sending to Reuters, Viktor Prokopenya, owner of VP Capital, said:
It is the first platform in the world where crypto-investors can diversify their investments in real badets.
Prokopenya also thinks that this business could boost the Belarusian economy,
We believe that this project will enable Belarusian companies to attract additional funds both domestically and externally, "he added. "Because for the moment, the Belarusian stock market is far from the state in which it should be.
Tokenization of badets becomes a reality
Asset segmentation is an emerging trend that startups are focusing intensively on. Splitting a traditionally expensive and difficult to manage badet, such as real estate, gold and art, into fractional quantities that many users may own can make this type of investment accessible to the mbades.
Swarm, a platform on which token issuers can launch securities, is one example. The platform has already seen the launch of TheArtTokenThis allows users to be fractions of what is historically a very stable badet clbad.
Similarly, several other platforms focus on gold, such as Digixand real estate, including there is a lot of.
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