Liechtenstein Regulator Grants Approval To German-Startup Neufund For Token Offerings

Neufund, the Fintech startup based in Germany, starts launching public offerings onto its equity platform (which is a tokenized one) after getting clearance from an economic regulator in Liechtenstein.

On Monday (today), the startup announced the tokenized equity’s retail-grade offerings to the general public.

The CEO and co-founder of NZA (Neufund Zoe Adamovicz) affirmed that after clearance from Liechtenstein’s financial authority, the company is supplying on its pledge to equalize approach to support businesspeople all over the world, with smallest sizes of the ticket as 10 euro.

Adamovicz states that it is an excellent day for Neufund as well as for finance and business world.

It’s worth noting that the investors from the USA will need to be approved to participate. In contrast to other tokenized offerings such as an ICO (initial coin offering), Neufund’s product is designed to be a legally binding asset in the company.

The initial public retail offering being started is for a platform that’s an electric mobility one. The platform is dubbed as Greyp. As per the official confirmation from Neufund, till today, $16 million has been  processed using the platform to date.

Being among the most diligent members of the Ethereum network, Neufund is prospering the codebase from 2016. Neufund is also a partner of well-known hardware crypto wallet Ledger.

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Author: Ali Qamar

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