TokenSoft, a startup that focuses on the tokenization of real-world assets, announced on Thursday that it had invested in a broker-dealer regulated by the US Securities and Exchange Commission (SEC). Apparently, TokenSoft bought a major stake, as the entity was rebranded as TokenSoft Global Markets, LLC. TokenSoft has gained the rights and potential to acquire 100% of TokenSoft Global Markets, which should occur under regulatory supervision.

Thus, TokenSoft will use the newly acquired firm to expand its range of services, which will also include custody solutions, referrals to exchanges, and private placements among others.

TokenSoft CEO Mason Borda commented:

“As a result of rapidly growing inter…

This article appeared first on Cryptovest

Like this: Like Loading...