Furahaa Group, a popular brand known for its plant-based fast food and vegan products, is venturing into the world of digital finance by listing its FURA tokens on the INX platform. INX is a secure marketplace where digital securities and tokenized real-world assets can be traded, providing a safe environment for investors to purchase shares in Furahaa and allowing individuals worldwide to invest in businesses with a strong mission. The tokens will be available for trading on November 20, 2024.
Utilizing blockchain technology, fractional ownership with the FURA token enables investors to possess a portion of the Furahaa Group. Each token signifies a stake in the company's equity and adheres to the ERC-1404 standard on the Ethereum blockchain for secure and compliant transactions that are transparent and safe.
According to Arthur Devillers, the founder of Furahaa Group, the partnership with INX allows for the expansion of equity in Furahaa Group to new markets. This means that Furahaa tokens are now available to a larger group of people, and the company is focused on growing sustainably and promoting financial inclusion.
Furahaa Group, which takes inspiration from the Swahili word for happiness, has experienced significant growth since 2015. Their Furahaa Express stores have expanded in Europe and the U.S., with each store bringing in approximately €1.2 million annually. There is a strong demand for plant-based food, and the vegan market is projected to reach $40.3 billion by 2030.
INX is introducing a new way for companies like Furahaa to expand their growth beyond the usual stock market. INX's goal is to list FURA tokens as a means of democratizing finance, by utilizing blockchain technology to provide increased transparency, convenience, and opportunities for investors.
The CEO of INX, Shy Datika, expressed excitement about the addition of Furahaa tokens to their platform. This collaboration is in line with their goal of increasing the variety of tangible assets available on the blockchain, providing investors with a secure and innovative option compared to conventional stock markets. By working together, they aim to provide opportunities for investments that support both financial growth and environmental sustainability.
INX is bringing together traditional finance and blockchain by providing a regulated platform for trading digital securities such as FURA. Their goal is to make tokenized assets more easily available to investors by merging the security of traditional markets with the transparency of blockchain technology.
In general, Furahaa Group has made progress towards its goal of being inclusive and sustainable. Investors now have the opportunity to support a business that is growing and socially conscious while also reaping the rewards of digital securities.
Note from the editor: This text was written with the help of artificial intelligence and has been reviewed and verified for accuracy by Jason Newey.
Jason Newey is an experienced journalist who focuses on NFTs, the Metaverse, and Web3 technologies. He has a strong knowledge of digital media and blockchain technology and has a talent for simplifying complicated ideas into interesting and informative articles.
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Please note that the information on this blog is for informational purposes only and should not be considered as financial, legal, or investment advice. The views expressed in the articles belong to the authors and may not represent the official stance of NFT News Today.
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