Tokyo-Native STO Accelerator TECHFUND Prepares To Enter the Europe Market

  • Date: 15-May-2022
  • Source: The Fintech Times
  • Sector:Technology
  • Country:Middle East
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Tokyo-Native STO Accelerator TECHFUND Prepares To Enter the Europe Market

The Tokyo-native accelerator has previously worked with blockchain and token-related startups primarily within the Asian market. TECHFUND seeks to act as an arranger and accelerating partner through the process of fundraising through security token offerings (STO) such as structuring STO schemes, creating equity stories and pitch decks, marketing investors to token buyers and closing deals. An STO is an asset-backed security token that represents the digital ownership of assets or sometimes economic rights, with examples including but not limited to gold, real estate, or a share in profits or revenue. It is the digital identity of an investment contract, and the assets that it’s able to represent are endless. Founded in 2014, TECHFUND has put its focus towards support token-related startups with product development and fundraising support; which has included acceleration programmes for ICO/STO startups in Singapore. The service has also assisted the token economy with Web3 and DAO-related infrastructure design and construction services, including the auditing of blockchain and token projects, and the development of decentralised apps (dApps) and digital wallets. It has participated in various security audits of blockchain-related services; including QURAS , the privacy-protective blockchain; and JPYC of the JPY stable coin, crypto-asset trading system, wallet and