Trending...
- Psychologist-Turned-Hermeticist Releases Modern Guide to the Seven Hermetic Principles
- Spartan & Guardians Partner with Guitar Legend Buckethead to Support Global Child Rescue Efforts
- Preliminary.online Introduces Short-Term Job-Readiness Courses with Employer-Verified Certifications
Small and Medium Businesses Can Efficiently Prepare for Tokenization and Fundraising with the help of Tokenization Guideline
TALLINN, Estonia - Californer -- Binaryx, a European digital asset exchange, released its tokenization guideline to help small businesses prepare for the native token issuance without intermediaries.
Tokenization of assets can unlock trillions of illiquid dollars for financing SMEs' growth. According to the World Bank's data, 90% of the global economy is constituted by 400 million small and medium business enterprises. Half of them face financial challenges and require extra $5.2 trillion annually.
Previously, Binaryx announced the launch of the tokenization platform and the first tokenization case. Binaryx is aspiring to create an ecosystem that enables users to complete the entire tokenization cycle within one platform.
"We are committed to building an ecosystem, which leads businesses throughout all stages of asset tokenization. With the help of our platform tools as well as documentation, business owners can adjust their companies and adequately prepare for the tokenization and capital raising" - comments founder and CEO of Binaryx Oleg Kurchenko.
More on The Californer
The Guideline reveals step-by-step instructions on how to prepare for tokenization and mitigate all possible financial and legal risks. The guideline describes a number of elements, which Binaryx defined for the businesses as essential ones to adapt to the modern ways of investment raising. The most crucial steps include:
Tokenization of assets can unlock trillions of illiquid dollars for financing SMEs' growth. According to the World Bank's data, 90% of the global economy is constituted by 400 million small and medium business enterprises. Half of them face financial challenges and require extra $5.2 trillion annually.
Previously, Binaryx announced the launch of the tokenization platform and the first tokenization case. Binaryx is aspiring to create an ecosystem that enables users to complete the entire tokenization cycle within one platform.
"We are committed to building an ecosystem, which leads businesses throughout all stages of asset tokenization. With the help of our platform tools as well as documentation, business owners can adjust their companies and adequately prepare for the tokenization and capital raising" - comments founder and CEO of Binaryx Oleg Kurchenko.
More on The Californer
- John Duffy Competes in Mr Muscle Beach
- New Release: 'The Invisible Alternative' Unveiled by Atrisk Corporation, Resilient
- Thorn & Bloom Magazine Unveils Groundbreaking Second Edition: "Breaking the Cycle"
- Cheap O SMS Launches Groundbreaking Free SMS API Service
- California: Governor Newsom signs legislation 7.3.25
The Guideline reveals step-by-step instructions on how to prepare for tokenization and mitigate all possible financial and legal risks. The guideline describes a number of elements, which Binaryx defined for the businesses as essential ones to adapt to the modern ways of investment raising. The most crucial steps include:
- Improving knowledge of the blockchain and digital assets
- Conducting an audit
- Redesigning tech infrastructure to be able to deal with the tokenized assets
- Enhancing customers loyalty to build or strengthen community
- Developing a legal framework
Source: Binaryx
Filed Under: Financial
0 Comments
Latest on The Californer
- Real Estate Experts Highlight Jersey Shore as a Smart Buy in 2025
- California: Governor Newsom statement on passage of Trump's "Big, Beautiful Betrayal"
- From Barrio to Transgender Pioneer: Chapter 12 of A Letter to Pawtone
- MERCURY INSURANCE NAMED ONE OF AMERICA'S GREATEST WORKPLACES FOR PARENTS & FAMILIES AND FINANCIAL SERVICES BY NEWSWEEK
- Ahead of Holiday weekend, Californians see lowest July prices at the pump in 3 years
- $18 Price Target Issued in New Research Report After $34 Million Revenue Forecast from Acquisition; $101.5 Million Net Revenue in 2025; NAS DAQ: IQST
- West Dentistry Welcomes New Oral Surgeon to Enhance Patient Care
- The AML Shop Launches New Financial Investigations Unit, Appoints Director to Lead the Initiative
- Raidium révolutionne le diagnostic de la Sclérose en Plaques en partenariat avec l'Hôpital Fondation Adolphe de Rothschild
- Porta Potty USA Expands its Convenient Portable Restroom Rental Services Business in Montana Area
- Countrywide Fence Rental Expands its Temporary Fence Rental Business in Minnesota Area
- A Shepherd's Legacy: Honoring the Life and Impact of Pastor Ross Reinman
- California: Here's how President Trump's tax cuts for the ultra-rich will hurt YOU
- New Media Film Festival Announces Winners
- New Podcast "Spreading the Good BUZZ" Hosted by Josh and Heidi Case Launches July 7th with Explosive Global Reach and a Mission to Transform Lives
- DetailAxis Unveils it's 'Business Engine': Powerful AI Systems for Auto Appearance Pros
- California: Governor Newsom announces appointments 7.2.25
- The Herbal Care, Led by Markel Bababekov, Becomes a Top Dispensary in NYC's Upper East Side
- Digital Watchdog Launches New myDW Cloud Services
- Governor Newsom honors fallen California Highway Patrol Officer Miguel Cano