Aspen Coins for Sale: Templum Markets Issues First Tokenized Security with St. Regis Aspen Resort

Templum Markets is now offering Aspen Coins – a tokenized security by Aspen Digital. According to Templum, each token represents a single share of common stock in the St. Regis Aspen Resort. Offered under Reg D 506c, the security exemption utilized by most issuers of digital assets in the US, accredited investors may now purchase these securities on Templum Markets which is being described as the first of its kind.

Investors may purchase using US dollars or crypto like Bitcoin and Ethereum. All Aspen Coins will be backed by the St. Regis Aspen Resort asset. The St. Regis Aspen Resort is owned by a holding company and, controlled by Elevated Returns, an asset management company. The St. Regis brand is a high end hotel / luxe resort that is part of the Marriott group.

Stephane De Baets, founder and President of Elevated Returns, issued a statement on the security token;

“Asset backed coins like the Aspen Coin not only offer a transformative way to invest in real estate, but also establish a new way to store wealth by utilizing collateralized and income generating digital assets. We believe that the real estate tokenization model has tremendous potential in that it brings liquidity and disintermediation to the world’s largest asset class.”

De Baets added that Templum’s focus on regulation and best practices make them the ideal partner for Elevated Returns as they pursue their capital raising objectives.

Templum Markets is one of several Fintechs positioning itself as an issuance and trading platform for digital assets. The Aspen Digital Inc. TAO or “Tokenized Asset Offering” will have a unique CUSIP which means it should be easily tradable on other broker platforms once any lock up has expired. Templum operates a registered ATS and is a broker dealer regulated by FINRA.

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