Australia Based PFC Capital Group To Launch 250 Million USD Security Offering With Koreconx
PFC Capital Group, an Australian capital advisory company has chosen KoreConX, a permissioned blockchain system, for a 250 million USD digital security offering.
According to reports, PFC Capital, a corporate advisory company which advises clients within the mining industry has given project financing mandates worth over 2 billion dollars as well as carried out 120 mine divestments.
KoreConX is a permissioned blockchain system for digital securities and the network consists of the following:
- Jurisdictional securities lawyers
- Secondary markets platforms
- Offering investors
- Media and marketing services
This PFC – KoreConX partnership will enable the 250 million USD security offering (assumed to be a first in the use of digital security for the international mining industry) to be marketed across multiple regions with complete regulatory compliance.
- Cayman Islands
- United States
- United Arab Emirates
- United Kingdom
- Hong Kong
Charles Hoskinson, the Co-founder of Polymath, a security token platform announced yesterday that they will be developing a dedicated blockchain “Polymesh” with Ethereum (ETH) for regulation compliant tokens only.
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