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Amazing Blocks announces a partnership with Stobox

Amazing Blocks announces a partnership with Stobox

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The Capital

The Capital

Feb 3 · 5 min read

We are pleased to announce our newest partnership with Stobox, a tokenization advisory and technology company based in the USA. As a tokenization provider that supports companies at all stages of fundraising, covering all aspects of legal matters, tech-related issues and marketing strategies, Stobox is already well known throughout the blockchain world. As partners, being located in Europa and the United States of America, it is our common goal to foster the growth of the tokenization industry. The mutual goal of this collaboration is to share experiences and offer our clients the best multijurisdictional service.

About Stobox

About Amazing Blocks

Founded last year in Liechtenstein Amazing Blocks offers the perfect solution for tokenization projects (e.g., real estate, cars, machines): To be precise, this means flexible tokens (e.g., equity tokens or debt tokens or participation rights as tokens) in accordance with the Liechtenstein Token Act — which from a foreign point of view then represent, e.g., a normal (un-traded) security. This integrates technology and the law (i.e., Liechtenstein Token Act) in one solution or one legal form. Leveraging our own solution, we were the first to ever tokenize true equity of an AG in Liechtenstein resulting in 600 Amazing Blocks tokens. They can be seen on Etherscan here. A Liechtenstein bank is also no longer needed because the initial contribution for the new AG can be provided by cryptocurrencies such as ETH if desired. These achievements make Amazing Blocks a pioneer in the field of tokenizing assets. With the vast amount of possibilities of which many are yet to be discovered Amazing Blocks has entered a fast-evolving market at a highly interesting time. As Liechtenstein will continue to evolve as a blockchain hub it is the right place for our business. Offering a gateway to Europe by offering EU-Passporting makes our service unique and Amazing Blocks a highly attractive partner for any kind of tokenization project.

Opportunities and Future Outlook

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Remarks

Amazing Blocks offers a tokenization solution that enables its clients to tokenize various assets according to the Liechtenstein Token Act (software-as-a-service). The software covers both the issuance of tokens and investing in tokens. It suits the needs for tokenizing all kinds of assets (e.g., machines, cash flow generating contracts, trademarks, real estate, cars). Imagine that some asset should be tokenized. For this asset various tokens would make sense: Equity tokens, debt tokens, participation rights as tokens, ownership tokens, or any mixture of these tokens. The software of Amazing Blocks helps issuers to handle multiple assets and to issue multiple tokens for these assets. This is possible by integrating blockchain technology with the law (i.e., the Liechtenstein Token Act). At the core, there is the “digital legal entity in Liechtenstein” based on “tokenized shares” which allows a very efficient foundation, a very efficient operation of the company and, thus, an efficient and flexible possibility to tokenize assets. This should now make a wide variety of tokenization projects possible because the costs for tokenization are significantly reduced.

Interested? Then, contact us! Are you interested in what Amazing Blocks is doing? Visit our website, write an email to hi@amazing-blocks.io, or follow us on LinkedIn or Twitter. Or provide your email address here and we will immediately send you more information.

Published at Wed, 03 Feb 2021 09:09:31 +0000