Cryptocurrency exchange BitBay has partnered with a Berlin-based blockchain-powered equity fundraising platform Neufund, according to an August 2 press release. The partnership will reportedly enable investors to buy and sell equity tokens with fiat currencies.
According to the press release, Neufund is aiming to become the first end-to-end primary issuance platform for security tokens, specializing in equity tokens. The company backs up its objective with a study conducted by Toronto-based firm Polymath, which says that by 2020 the security token market will hit a value of $10 trillion. Neufund believes that tokenized securities will provide necessary liquidity to traditional investment assets, including equity instruments.
Continue Reading on Coin Telegraph
