SOMA.finance to issue First Retail Compliant Digital Security
HONG KONG and NEW YORK, Sept. 6, 2023 /PRNewswire/ -- SOMA Finance, ("SOMA" & "SOMA.finance"), the joint venture between MANTRA and Tritaurian Capital, Incorporated ("Tritaurian") that is building the critical infrastructure of decentralized finance (DeFi), announced today the upcoming issuance of the SOMA token, which will be the first legally issued and compliantly structured digital security open to global and US retail investors. The SOMA token is also the first regulation crowdfunding (Reg CF) issuance on the SOMA.finance platform.
- The SOMA token is also the first regulation crowdfunding (Reg CF) issuance on the SOMA.finance platform.
- "This first issuance of the SOMA Token, as a Reg CF using the SOMA.finance platform, will deliver on the promise and potential of DeFi and blockchain."
- The SOMA token will be novel in that it will actually represent a financial interest in SOMA at a corporate level.
- All offerings and regulated activity on the platform will be compliantly offered by Tritaurian utilizing the SOMA.finance technology platform.