Bitcoin News and Finance
FraXion Launches First Security Token Offering in the USA Skip to main content

FraXion Launches First Security Token Offering in the USA

PRESS RELEASE. Randolph & Main Capital Group (RMCG) has announced the launch of FraXion (FRXN). It is one of the first debt Security Tokens aimed at retail investors who wish to invest alongside institutional investors in the most sought-after real estate developments in the United States. The Tokens will have a 5-year life, earn an annualized cash yield of 10%, and a 5-year IRR of 150%. RMCG has aligned with diversified developers like Donahue Peebles, the largest minority real estate developer in the United States, and Royal Palm Companies, one of Florida’s premier real estate development firms, to invest the net proceeds of the FraXion Security Token Offering (STO).

Demetrius Ford, RMCG’s Managing Director of Digital Assets, stated that “This is a very exciting time for RMCG and FraXion, but an even more exciting time for retail real estate investors who have traditionally been locked out of institutional-grade real estate investment opportunities due to high minimum investments and other barriers to entry. FraXion is all about access. By pooling the investment capital of many, we can invest substantial sums as one, which grants our investors entry into the institutional world.”

FraXion has already sold 250,000 tokens within the first weeks of the STO, and the company has also secured a funding round of $250,000 from Park Place Consultants to assist with the marketing and promotion of the FraXion Token. “We are excited for the launch of the Fraxion Token and the opportunity it brings to the marketplace; a new way of Real Estate Investing. We are humbled and honored to be part of such an extraordinary team at Randolph & Main, and these are the types of projects we look to support.” said Rashidah “Roz” Billups, Principal at Park Place Consultants.

Tokenization of Real Estate

The FraXion Token is a game changer in the Fintech space. Tokenization of high-quality real estate, coupled with the cutting-edge technology of the blockchain, is attractive to investors that usually shy away from the crypto market. FraXion is a cutting-edge platform for investors to build generational wealth in Real Estate using Blockchain. FraXion creates “Digital Asset Partners” and allows token holders to invest in prime income-producing properties as well as land suitable for immediate commercial development through strategic alliances and partnerships with some of the most successful real estate developers in the United States.

The FraXion Ecosystem provides fractionalization, liquidity and access to global investors. The FraXion Token is an application blockchain asset that is recorded on the Ethereum blockchain. Ownership of a blockchain asset is established by recording on the blockchain ledger the owner’s unique identifier address and the amount of the asset held by such an address.

More About FraXion

FraXion is a non-traditional real estate investment platform utilizing the latest blockchain technologies that will provide individuals, not just institutions, with access to distinguished real estate development ventures, side-by-side with large development groups and some of the most recognized institutional partners in the world. FraXion’s innovative real estate investment vehicle can diversify investment portfolios and provide assurance that each investment dollar is backed by tangible real property with the intent of promoting investor confidence.

For more information on FraXion and its Security Token Offering, visit https://fraxiontoken.io/ or follow the company on LinkedIn.

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r
Post a Comment
Read more
Blogarama - Blog Directory