News: Asset-Backed Token Raise to Support the Build of Algae Biomass Protein Farms
Globacap announces the offering of Sustainable Impact Token (SIT) to support the construction of algae biomass farms.
SIT is the world’s first blockchain-based algae biomass project offering. The project will be built utilising patented sustainable technology to deliver a pioneering green investment opportunity.
Carbon credits generated by biomass projects will be tokenised as Algaecoin.
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Globacap is driving the digitisation of all assets by using technology to unlock the true potential of capital markets. It has standardised the securities landscape, enabling frictionless asset creation and transferability. Over $14 billion of private share and debt instruments are digitally administered on the platform, and Globacap has now executed over $180 million of secondary liquidity in private securities with digital, automated settlement. Globacap is regulated by the FCA (Financial Conduct Authority) as an arranger and custodian and its platform can onboard investors from over 60 countries, in compliance with local regulations. For more information on how Globacap is changing the private capital markets industry, please visit globacap.com.
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