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It has just been announced that the Nugget's News Education Platform will partner with Koncrete Token Issuer to create the first platform for STOs in Australia.
Australia has been terribly silent in the area of security chips. Although the country has been the scene of many blockchain experiences, including from the World Bank and notable experts in financial technology, the country still does not have an industry. Native STO. This, however, will soon change.
Nugget's News has partnered with Konkrete of Melbourne to launch a regulated and end-to-end security and tokenization exchange and platform. The goal is to make this new exchange the destination of choice for Australians who want to launch their own OCT in a fully compliant way.
Nugget's News and Koncrete are both trying to create a solution that will cover the many stages of token issuance. These security token issues can be based on real estate, equity, investment funds and many other badets.
Customers working with the new STO Exchange can expect many benefits, including support for the token creation process, legal compliance issues, and more.
"Nugget's News has long been helping blockbuster-based Australian startups realize their full potential. As the industry and its regulations evolve constantly, it is good to be able to join a team as diligent and experienced as Konkrete, knowing that we are launching titles in a fully compliant way, "said Alex Saunders, CEO and Chief Executive Officer. founder of Nugget's News in a report.
The news looks promising for a sector of the cryptocurrency world that is just starting to take hold in Australia.
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