Source:
https://nauticus.exchange/blog/?p=713Quote "Unlike most competing exchanges, Nauticus has already met the regulatory requirements to enter the security token field. We are already a registered representative of an Australian Financial Services Licensee which enables us to tokenize assets.
But what does it mean to tokenize an asset?
One good example is property. Instead of a developer preselling 12 units to 12 buyers off the plan to fund an apartment block, the developer may instead choose to create 1200 tokens, each of which represents 1/100th of an apartment and sell them instead. The immutable and unfalsifiable nature of blockchain means investors can have 100% faith in their tokens value.
And its not just apartment blocks, everything can be tokenized including shares in a company or commodities like gold and lithium."
Do you think this will help Develope Nauticus into a Securities powerhouse or that this is just another attempt to stand out from the crowd? Doesn't LAtoken do Tokenization of assets as well?
Can this backfire for U.S. citizens by chance?
I'm excited for STO's, but ONLY if they ACTAULLY have tangible products and are NOT like ICO's. As far as Nauticus goes, the exchange has made me money so far, I have no complaints. I'm currently gearing up to buy some more NTS once I get paid. The main issue is if BTC rises, then I expect NTS to move a few legs up as well.