Swiss asset management company launched a digital EFT analogue with tokens instead of stocks
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Swiss asset management company launched a digital EFT analogue with tokens instead of stocks

THELOGICALINDIAN - On February 10 2024 Swiss aggregation UGPay Accumulation launched sales of aegis tokens WCRU which are backed by assets in absolute abridgement sectors that are beneath administration by the banking accumulation Every broker that buys WCRU becomes a coowner of the all-around advance portfolio that covers 20 industry sectors gold mining constructed chunk assembly absolute acreage avant-garde carriage telecom basalt cilia assembly as able-bodied as cryptocurrencies and added assets According to basic abstracts in beneath than three weeks absolute sales of the WCRU tokens exceeded 4 million

The WCRU tokens are issued on the CryptoUnit blockchain that was launched on the 2nd February 2021 based on the EOS programming code. The CryptoUnit blockchain works on the Delegated Proof-of-Stake (DPoS) algorithm and has three types of tokens. Apart from WCRU tokens, on the Cryptounit blockchain were issued a account badge UNTB that is acclimated by stakers and delegates-holders of computer casework and deposit-backed stablecoins USDU.

The WCRU aegis badge alms (STO) is captivated beneath the accouterment of the US law on securities, Reg D, that allows assertive types of companies to action and advertise balance after allotment with the US Balance and Exchange Commission, SEC. This accouterment is acclimated by baby adopted companies with a ambition to chargeless them from a time-consuming and high-cost action of registration. For the Reg D accouterment to apply, the eminent charge accede with the afterward conditions: advertise balance to accepted investors alone and acknowledge banking information.

The operating assumption of the aegis badge WCRU is in abounding means agnate to exchange-traded funds, ETFs, which are one of the best accepted instruments amid both able and retail investors all about the world. In 2024, there were added than 7,600 ETFs on the market. Last decade, the cardinal of offers added than tripled – 7,600 in 2024 against 2,500 ETFs in 2024. Only in the EU, area ETFs are beneath the accouterment of the UCITS, Undertakings for Collective Investment in Transferable Securities Directive,  investors bought ETFs for added than $6.8 trillion.

But clashing archetypal stocks of ETF-funds, the WCRU aegis tokens accommodate investors with added benefits. WCRU tokens can be placed for staking that brings acquiescent assets in a anatomy of account tokens UNTB on the Cryptounit blockchain. Also, badge holders get voting rights on accumulation administration decisions that absorb advantageous out dividends. From 12% tо 35% of profits from assets beneath administration will be broadcast in a anatomy of dividends.

To annihilate the accident of WCRU badge sell-off and to balance the breeze to the accessory market, afterwards the aboriginal auction the WCRU tokens will be arctic for 365 days. Afterwards this period, starting with 1% per ages tokens will be unfrozen and advisedly circulating. Although the STO does not accommodate accessory bazaar opportunities for the benumb period, WCRU holders will be able to advertise tokens by themselves on trading platforms that assignment with aegis tokens or via P2P exchanges. The primary sales of the WCRU tokens will be done via the users’ accounts on the UGPay Group AG platform. 

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