{"id":23368,"date":"2023-09-11T16:14:56","date_gmt":"2023-09-11T16:14:56","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/virtuzone-toko-launch-dubais-first-tokenized-equity-crowdfunding-platform\/"},"modified":"2023-09-11T16:14:56","modified_gmt":"2023-09-11T16:14:56","slug":"virtuzone-toko-launch-dubais-first-tokenized-equity-crowdfunding-platform","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/virtuzone-toko-launch-dubais-first-tokenized-equity-crowdfunding-platform\/","title":{"rendered":"Virtuzone, TOKO launch Dubai\u2019s first tokenized equity crowdfunding platform"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1649073407811-741c5bec-a969-4f9f-b7f9-e9bc8b87e2b8-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1649073407811-741c5bec-a969-4f9f-b7f9-e9bc8b87e2b8-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1649073407811-741c5bec-a969-4f9f-b7f9-e9bc8b87e2b8-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1649073407811-741c5bec-a969-4f9f-b7f9-e9bc8b87e2b8-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Virtuzone and TOKO Network\u2019s partnership will see them launch Dubai\u2019s inaugural tokenized equity fundraising platform for startups and entrepreneurs.<\/li>\n<li dir=\"ltr\">TOKO Network has also secured a VASP operating licence from Dubai\u2019s VARA.<\/li>\n<\/ul>\n<p dir=\"ltr\">Virtuzone, a leading business solutions provider and TOKO Network, a fintech platform offering a digital asset creation platform, have launched the first tokenized equity crowdfunding platform in <a href=\"https:\/\/coinjournal.net\/news\/tag\/dubai\/\">Dubai<\/a>.<\/p>\n<p dir=\"ltr\">The ground-breaking platform is targeted for investors and businesses in the burgeoning Web3 space, and follows a strategic partnership between the two companies. TOKO and Virtuzone revealed this in details released on Monday and <a href=\"https:\/\/twitter.com\/hedera\/status\/1701148940014424366\" rel=\"noopener noreferrer\" target=\"_blank\">shared<\/a> by Hedera. TOKO is a member of the Hashgraph Hedera Governing Council.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">2\/ In addition, <a href=\"https:\/\/twitter.com\/TOKO_network?ref_src=twsrc%5Etfw\">@TOKO_network<\/a> has today announced a strategic partnership with <a href=\"https:\/\/twitter.com\/Virtuzone_UAE?ref_src=twsrc%5Etfw\">@Virtuzone_UAE<\/a> to launch Dubai\u2019s first tokenized equity crowd funding platform \u2013 transforming private equity fund raising using <a href=\"https:\/\/twitter.com\/hashtag\/web3?src=hash&amp;ref_src=twsrc%5Etfw\">#web3<\/a> for both investors and businesses alike.<a href=\"https:\/\/t.co\/jZ38pd97wN\">https:\/\/t.co\/jZ38pd97wN<\/a><\/p>\n<p>\u2014 Hedera (@hedera) <a href=\"https:\/\/twitter.com\/hedera\/status\/1701148940014424366?ref_src=twsrc%5Etfw\">September 11, 2023<\/a><\/p>\n<\/blockquote>\n<h2 dir=\"ltr\">Revolutionising private equity funding<\/h2>\n<p dir=\"ltr\">As noted by the two companies, the tokenized equity fund raising platform will leverage blockchain technology to revolutionise private equity funding for early stage Web3 startups. TOKO is joining forces with Virtuzone after <a href=\"https:\/\/toko.network\/vara-license\/\" rel=\"noopener noreferrer\" target=\"_blank\">securing approval<\/a> as a broker-dealer and exchange from Dubai\u2019s Virtual Asset Regulatory Authority (VARA).<\/p>\n<p dir=\"ltr\">The VASP licence allows the platform to operate as a full market virtual asset provider, a milestone that TOKO managing director Scott Thiel said will help transform the broader investment space, including spurring financial inclusion via compliance and transparency.<\/p>\n<p dir=\"ltr\">TOKO and Virtuzone believe the tokenization of early equity offerings will allow both individual and institutional investors to fully participate in the ecosystem, particularly through access to early equity fundraising.<\/p>\n<p dir=\"ltr\">Neil Petch, Chairman and co-founder of Virtuzone noted in a statement that partnering TOKO and working together under VARA\u2019s regulatory framework will open up Dubai even more as a key hub for startups and entrepreneurs eyeing capital injection. It\u2019s also a crucial part of the UAE\u2019s quest to be \u201chome to 10 unicorn companies by 2031,\u201d Petch added.<\/p>\n<p dir=\"ltr\">As various global jurisdictions look to attract blockchain and crypto innovation, Dubai has emerged as one of the key destinations.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/virtuzone-toko-launch-dubais-first-tokenized-equity-crowdfunding-platform\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Virtuzone and TOKO Network\u2019s partnership will see them launch Dubai\u2019s inaugural tokenized equity fundraising platform for startups and entrepreneurs. TOKO Network has also secured a VASP operating licence from Dubai\u2019s VARA. Virtuzone, a leading business solutions provider and TOKO Network, a fintech platform [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":23369,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23368"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=23368"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23368\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/23369"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=23368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=23368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=23368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}