Shark tank investor issues €3.4m digital bond via DLT Pilot Regime firm Axiology
Summary
Axiology, one of six firms licensed under the EU DLT Pilot Regime, hosted the issuance of a €3.4 million digital bond for Gesons, a company owned by Lithuanian Shark Tank investor Gediminas Kvietkauskas. The bond, secured by shares in companies owned by Kvietkauskas and Gesons, was distributed via crowdfunding platform Profitus, which is expanding from real estate into digital bonds with a €500 minimum investment. Axiology provides the infrastructure and regulatory umbrella as a multilateral trading facility and settlement system, running a private instance of the XRP Ledger as its registry. The company aims to channel retail and crypto investors into SME financing and has run similar issuances with LetsInvest and Bondea.
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industries
Fintech & Banking
applications
Governance, risk and compliance
AskAI Classifications
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FinTech Software
Capital Markets Software
Blockchain Infrastructure
Linked Companies
Axiology
up to $1M