Seychelles Offer US Investors Regulated Tokenized Securities

A digital currency spinoff technology gains legitimacy.

Merj, the official stock exchange of the Republic of Seychelles, has joined forces with US broker-dealer Jumpstart and custodian Prime Trust to give US-accredited investors the opportunity to take part in its “tokenized” equity offering, which aims to raise $4 million for further expansion. Tokenization is a way for companies to raise money by issuing digital tokens that are underpinned by real assets. Deloitte says tokenization could “make the financial services industry more accessible, cheaper, faster and easier, thereby unlocking trillions of euros in currently illiquid assets.”

Merj’s tokenized security will be publicly listed on a fully regulated national stock exchange and denominated in US dollars, offering investors a secure and familiar way to gain exposure to the tokenized asset industry.

In bridging traditional financial markets with distributed ledger technology, Merj has taken a first step in providing fully compliant market infrastructure for the digital era. Investors from all over the world will be able to invest in Merj’s tokenized equity offering and future digital listings. “There is growing appetite from around the globe for these exciting investment opportunities,” said Edmond Tuohy, CEO of Merj.