Token Tool by Bitbond introduces self-managed multichain crowdsale feature
Bitbond, a Berlin-based financial technology company with a focus on asset tokenization and digital assets, earlier this year released Token Tool, which enables web3-powered asset tokenization. Now, Token Tool just added...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitbond, a Berlin-based financial technology company with a focus on asset tokenization and digital assets, earlier this year released Token Tool, which enables web3-powered asset tokenization.
Now, Token Tool just added a new crowdsale feature.
The feature makes conducting a token sale and raising funds via token offerings accessible without the need to write smart contracts. Issuers can create and run token sales and define multiple parameters, including setting token prices and sale duration.
Also, token sale issuers can lock their founder tokens via a locker feature, which enables team tokens to stay locked until a predefined date. This can be valuable to better improve the project owner’s credibility to third parties via immutable smart contracts.
Token Tool covers several options to configure utility and security tokens in a precise way…
These options include features such as whitelisting investors and easily adding asset documentation. This allows issuers to maintain compliance when required, allowing organizations who are subject to regulatory requirements in leveraging the advantages of tokenization.
Further, Token Tool supports custody solutions including Metamask, Fireblocks, Qredo, and Gnosis Safe.
The post Token Tool by Bitbond introduces self-managed multichain crowdsale feature appeared first on CryptoNinjas.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoNinjasRelated market context
Hacker turns 25 cents of Bitcoin into 46 billion fake BTC tokens on Symbiosis bridge
The exploit highlights the persistent vulnerabilities in cross-chain bridge infrastructure, underscoring the urgent need for enhan...
Bitget Wallet Adds 1,700 Tokenized Stocks From Reality, Its Own In-House Issuer
Bitget Wallet said on Tuesday it has integrated Reality, a regulated tokenized-asset issuer, letting the wallet’s users trade more...
Coinbase CEO Targets $70T US Stocks With Fully Backed Tokenized Equities Push
Key Takeaways: Coinbase CEO Brian Armstrong claims that the exchange’s token stocks represent actual securitie, and not synthetic...
Kraken Launches xStocks Vaults With Up to 2% Yield on Tokenized Stocks and ETFs Now
Key Takeaways: Kraken introduces xStocks Vaults to earn onchain yield on tokenized exposure to SPY, Nasdaq-100 and NVIDIA. Users c...
DOJ Seeks Forfeiture of $61 Million in Crypto Tied to Iranian Oil Sales Allegedly Laundered Through Binance
The U.S. Attorney’s Office for the Southern District of New York filed a civil forfeiture complaint Monday against approximately $...
A hacker turned 25 cents of bitcoin into 46 billion fake BTC tokens on a DeFi bridge
Two software bugs allowed the attacker to create more than 2,000 times Bitcoin’s maximum supply in unbacked syBTC. Symbiosis puts...