Aurox Seeks $1 million in Financing with Tokenized Securities

03/01/2023 23:55 • AI Insights • 87 views

According to reports, according to Aurox’s fundraising dashboard on the tokenized securities site tZERO, the DeFi trading platform Aurox seeks $1 million in financing with $75 million, and the minimum investment for retail investors is only $252. The target date for ending this round of financing is March 15. According to the documents submitted to the United States Securities and Exchange Commission and reviewed by CoinDesk, Aurox’s price per share was set at $6 and 169000 shares were issued.

DeFi trading platform Aurox seeks $1 million financing at a valuation of $75 million

Analysis based on this information:

Aurox, a decentralized finance (DeFi) trading platform, is seeking to raise $1 million in financing with a minimum investment of $252 from retail investors. According to reports, the fundraising campaign is being conducted through tokenized securities site tZERO’s platform. Aurox’s fundraising dashboard on tZERO indicates that the target date for closing this round of financing is March 15.

Aurox’s price per share has been set at $6, and a total of 169,000 shares have been issued, according to documents submitted to the United States Securities and Exchange Commission (SEC) and reviewed by CoinDesk. The issuance of shares is expected to be compliant with securities regulations.

The ability to raise funds through tokenized securities is a relatively new phenomenon. It allows startups and companies to raise capital through blockchain-based tokens that represent ownership or investment rights in a company. Tokenized securities are backed by real-world assets, which can be traded on regulated exchanges.

The DeFi trading platform industry has been gaining momentum in the past year. Decentralized exchanges (DEXs) have been growing in popularity and are seen as a viable alternative to centralized exchanges due to their decentralized nature and lower fees. DeFi platforms such as Aurox are becoming increasingly attractive to investors as they offer a range of financial products and services that are accessible to anyone with an internet connection.

Aurox aims to provide users with a seamless trading experience by integrating with the largest centralized and decentralized exchanges. The platform’s advanced trading tools enable users to analyze market trends and execute trades across multiple exchanges simultaneously. The platform also provides users with access to liquidity pools, allowing users to trade with the best prices available.

In conclusion, Aurox’s fundraising campaign is an exciting development for the DeFi industry. The ability to raise funds through tokenized securities provides opportunities for both startups and investors. Aurox’s platform aims to provide users with a comprehensive trading experience through its extensive integration with centralized and decentralized exchanges. As the DeFi industry continues to grow and evolve, we can expect to see more innovative financial products and services being developed on blockchain technology.

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Aurox Seeks $1 million in Financing with Tokenized Securities

DeFi trading platform Aurox seeks $1 million financing at a valuation of $75 million

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