Netcapital (NASDAQ: NCPL, NCPLW), an operator of a FINRA-regulated funding portal and a broker-dealer, has announced its first tokenized offering.
Digital assets, including digital securities, are the future of both private and public offerings, including primary and secondary trading. By incorporating blockchain technology, issuers, platforms, and investors can benefit from streamlined processes and reduced costs.
In recognition of this paradigm, Netcapital has moved to embrace tokenization with its first tokenized offering from PureWave Hydrogen Corp. (TSX.V: PWH), a company listed on the TSX Venture Exchange, to structure a securities-based tokenization of hydrogen-drilling assets located on the Mid-Continent Kansas shelf. PureWave is a micro-cap that acquires and explores natural hydrogen and mineral properties in Canada and the United States.
PureWave recently raised funds using Reg D.
The offering is for a revenue-generating security. Netcapital believes this is the first tokenized offering of its kind.
Netcapital states that it intends to standardize the RWA tokenization process to scale and minimize costs.
Rich Wheeless, CEO of Netcapital, stated in a release:
“The Company believes this project demonstrates how regulated digital infrastructure can modernize capital formation for asset-backed projects by enabling compliant access to a broader investor base. By structuring offerings that allow investors, subject to applicable regulations, to participate in project-level economic exposure, Netcapital aims to expand participation beyond traditional institutional or high-net-worth channels while maintaining investor protections.”
Netcapital shared that it is in discussions with other issuers as it transitions to a digital asset platform.
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