The world of utility tokens and initial coin offerings (ICOs) has just about run its course, but the world of security tokens (STs), a means of raising capital via security token offerings (STOs), is still very much a reality. And all indications are that the trend is going to grow very rapidly…and globally.
Investors looking for real value and opportunity in this emerging technology with an eye to the future need look no further than
DigiMax Global Solutions (
C.DIGI,
Forum) – a first-mover in the Digital Security space and the first global company to be both publicly listed and to be approved by Ontario Securities Commission (OSC) as an ‘Exempt Market Dealer’.
DigiMax CEO Chris Carl commented on the registration:
“We are very excited to have been granted registration as an EMD in the jurisdiction of Ontario in Canada. This registration allows us to serve Ontario based corporations and investors as an exempt market dealer in various forms of funding, and to market such offerings to institutional or accredited investors. Working with our growing network of similarly registered dealers in other countries, DigiMax Global Solutions is well on its way to becoming the leader of a global syndicate of dealers able to assist companies to raise capital around the world."
Currently, DigiMax is operating internationally through a series of Joint Venture affiliates which will be registered broker dealers within the next two years. As part of their global reach, these joint venture affiliates reside in Korea, Singapore, Hong Kong, Canada, the US, the UK, Switzerland, and Malta. Any company registered in these jurisdictions will invited to work with DigiMax to tokenize their cash flows or equity. Future prospective offices and broker dealer registrations are for London UK, New York, Singapore, and Abu Dhabi with more to follow in subsequent years.
As part of its vertical momentum, DigiMax is expected to release the DigiMax
FlyerDrop app for download through the Apple and Google app stores outside of North America.
The goal of the app will be to provide investors with a transparent and safe way to identify and purchase new, regulatory-compliant digital coins and tokens. The app will deliver regular updates on specific coins as they progress through their development and after it has been launched. A similar app will be released in North America that’s more tailored to North American securities regulations.
News Summary
Within a short, busy period of time DIGI has secured a number of major M&A’s, licensing agreements, and branding & marketing initiatives:
- New bankers in Toronto, the UK and US
- First conventional financing has been recently closed on behalf of an issuer
- Issuers that have engaged DigiMax is steadily increasing -- total funding under contract now exceeds $200 million outside of ReGen
- Formalizing first mandate to raise funding for first ever STO on agriforestry in Brazil, backed by ReGen Future Capital (‘ReGen’), ReGen Intends to invest USD $5 billion over 20 years in renewable energy and forest conservation in Brazil.
- DigiMax is lead broker dealer and is forming a strong global syndicate of other broker dealers
- DigiMax FlyerDrop App platform to be licensed to third parties in Europe
- DigiMax to work through EU Collaboration partners to launch its own STO in Europe based on a share of European revenues to be earned
- DigiMax digital security launch platform in North America under development in association with white-label platform provider KoreConx
- DigiMax currently working toward gaining registered broker dealer status in US, UK, UAE, and Singapore…all to be completed in next 6 to 12 months.
DigiMax has also entered into signed funding engagements with seven active clients during the past six months with funding requirements totalling $200 million. The Company has evolved its issuer selection criteria to include only companies that have either growing recurring revenue, or contracted revenue that will support strong global growth. As a result of this modified requirement, DigiMax has attracted numerous potential investors for each Issuer and is working toward closing each of these issues in the coming weeks and months.
What is an STO?
Simply put, a security token offering is one of the new global economy’s most innovative, efficient, safe and secure methods of raising capital.
In a traditional ICO, tokens or coins are offered by companies for purchase as a form of crowdfunding. Purchasers can exchange their cryptocurrency (typically ETH or BTC) for a specified quantity of the tokens on offer. It’s a little bit like buying shares, but the big difference was that the company issuing them offered no security from the company to the investor – it was a but like buying a hockey card and hoping the player did well.
In addition, with an ICO, neither the Issuer nor its agents were complying with the securities regulations around the world.
To participate in a Security Token Offering is very similar to that of an ICO. You can purchase tokens during the offering that you can then trade, sell, or hold. However, since security tokens are actual financial securities, your tokens are backed by something tangible like the assets, profits, or revenue of the company.
Why Buy Shares in DigiMax?
Not only is DigiMax leading the way in the development of all of these methods to participate in the digital security world, but the Company is also monetizing its involvement in the form of revenue and future profitability in many related areas. This not only includes the more conventional investment banking revenue of collecting commission from Issuers from offerings successfully completed by DigiMax, but DigiMax taking joint venture interests in numerous applications of the digital security world.
Flyer Drop and the North American version of the platform are just the first of several initiatives that could generate a tremendous revenue stream for DigiMax and its shareholders in the years to come.
Stayed to Stockhouse for more exciting investor news and information about DigiMax Global Solutions in the near future.
(Click image to play video)
FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing.