LCX has announced tokenized bond offerings describing the digital asset as transforming the availability of compliant staking. According to a company statement, the bonds are collectively valued at €40 million, consisting of four security tokens, EURt7, BTCt7, ETHt7, and LCXt7, and are documented by a security prospectus endorsed by regulators. The digital security is available to investors in 30 different European countries.
Monty Metzger, CEO of LCX, said the tokenized bonds represent a pioneering approach to compliant staking for BTC, ETH, and LCX Token.
“By offering these bonds as regulated securities, we have not only addressed the regulatory concerns surrounding staking but have also created a more secure and reliable investment opportunity for users. This groundbreaking offering is likely to set a new standard in the digital asset space and contribute to the continued growth and adoption of blockchain technology.”
The digital bonds are said to represent a significant milestone in finance as well as LCX’s commitment to digital assets.
LCX AG is regulated by the Financial Market Authority of Liechtenstein