Furahaa Group, a popular brand that specializes in plant-based fast food and vegan products, is venturing into the world of digital finance by making their FURA tokens available on the INX platform. INX is a regulated marketplace where digital securities and tokenized real-world assets can be traded, providing investors with a secure platform to invest in Furahaa's equity and enabling individuals worldwide to support businesses with a strong mission. The listing of the tokens is set to take place on November 20, 2024.
Fractional ownership using blockchain technology is made possible through the FURA token. This token gives investors the opportunity to own a portion of the Furahaa Group by representing a share of the company's equity. The tokens are created based on the ERC-1404 standard on the Ethereum blockchain, which is renowned for its security measures and compliance features that guarantee secure and transparent transactions.
Arthur Devillers, the founder of Furahaa Group, expressed that the partnership with INX allows for more people to have access to equity in Furahaa Group outside of the usual markets. This means that a larger audience can now invest in Furahaa tokens, and the company is dedicated to growing sustainably and promoting financial inclusion for all.
Furahaa Group, founded in 2015 and named after the Swahili word for happiness, has experienced significant growth. Furahaa Express has opened multiple locations in Europe and the U.S., with each store bringing in approximately €1.2 million in annual revenue. There is a strong interest in plant-based food products, and the vegan market is projected to grow to $40.3 billion by 2030.
INX is introducing a novel form of investment opportunity for companies like Furahaa to expand beyond the conventional stock market. By listing FURA tokens, INX aims to democratize finance by leveraging blockchain technology to provide investors with increased transparency, convenience, and accessibility.
Datika, the CEO of INX, expressed excitement about the addition of Furahaa tokens to their platform. This collaboration supports their goal of increasing the variety of real-world assets available on the blockchain, giving investors a regulated alternative to traditional stock markets. By working together, they are providing opportunities for investors to access investments that align with both financial and environmental objectives.
INX is connecting traditional finance with blockchain technology by providing a regulated platform for trading digital securities such as FURA. Their goal is to make tokenized assets more available to investors by merging the security of traditional markets with the transparency of blockchain.
In general, Furahaa Group has made progress towards its goal of being inclusive and sustainable. Investors now have the opportunity to support a company 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 then reviewed for accuracy by Jason Newey.
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Jason Newey is an experienced journalist who focuses on NFTs, the Metaverse, and Web3 technologies. He has expertise in digital media and blockchain technology, allowing him to effectively communicate complicated ideas through interesting and informative articles.
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