ADDX Tokenizes Venture Debt, Lists on Exchange

Jon Breyfogle

Digital Securities Lab Community Manager
Staff member
May 30, 2022
185
22
18
Findlay, Ohio
10xts.com
ADDX has announced another digital security available for investors on its digital asset exchange. The most recent security is a venture debt offering by Innoven Capital – a JV between Seviora (a Temasek subsidiary) and UOB. The $50 million fund combines a fixed return as well as the possibility for capital gain. As the security has been tokenized, ADDX notes that minimum investments start at USD $20,000.00 as opposed to the norm of around $5 million. ADDX leverages blockchain technology as well as smart contracts to automate manual processes. This allows ADDX to make the fund available in fractional units at scale and to enable secondary trading by investors on the ADDX exchange.

 

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