Sprezztech Capital is initiating several projects in the fintech space in the coming months that will propel it into the ranks of innovators in the blockchain space. First off, STS is creating its first security token offering (STO), working with a licensed Singapore fund manager to launch its own tokens to be traded on an exchange.
Security Token Offering (STO)
An STO is a type of public offering in which tokenized digital securities, known as security tokens, are sold on cryptocurrency exchanges, or security token exchanges. Tokens can be used to trade real financial assets such as equities and fixed income and powered by Distributed Ledger Technology (DLT).
STS has established strong partnerships with technology providers, legal firms, regulated exchanges, regulated funds, infrastructural projects and marketing firms to ensure the success of the token and its ecosystem.
The STO will be a dividend token and the proceeds will be invested into various income-generating funds.