Level01, a leading DeFi platform for AI-guided derivatives trading for financial, commodities and digital asset underlyings, has announced the launch of the private placement subscription offer for its upcoming STO (Security Token Offering) Public Listing in Asia scheduled at the end of this year.
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Since the FinTech’s launch in 2018, Level01 has successfully listed its utility token LVX on 3 major digital exchanges and developed a groundbreaking AI called “FairSense” that predicts fair values and probability rates of tradable assets on its DeFi platform and App. The DeFi platform was launched earlier this year on Google PlayStore to great reception, with users increasing at a steady pace. During this time the company has generated over $10m USD in revenue from token sales from thousands of investors, whilst reporting a $2m Net Profit last financial year.
Recently Level01 announced major strategic partnerships with Bloomberg and leading FinTech Wealth Investment Network Platform AGDelta, a provider of conventional , alternative and digital asset investments to banks, asset managers and family offices/intermediaries in Asia Pacific. Both these partnerships create the unique foundation to bridge new opportunities for the $542 Trillion OTC Derivatives market for Level01 and it’s institutional and direct clients.
A private placement will be open till the end of this year for a select group of Institutional, Family office and Accredited High Net Worth investors. Existing LVX tokens in Level01’s Treasury will be subscribed with Fiat or pre-approved digital assets, with a pre-defined conversion to the planned newly issued Securities Tokens (LV1) as part of the Public STO Listing. Level01 plans to list (subject to final approval) on Fusang Exchange’s Main Board – one of Asia’s first fully regulated Digital Stock Exchange who recently had announced a landmark $3billion USD digital bond issuance and other digital issuances in the region.
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The new Securities Token will offer a revenue share on fee-income derived from the platform, with those returns fully backed by purchased gold assets, being one of first in the region to offer such security to investors.
The STO team will be led by Heritage Horizon Capital (Strategic Sponsor) supported by Digital FinTech Partner (AGDelta), Legal Advisor (GLT Law) and Audit Firms in Hong Kong and Malaysia (K.L Tong & Co and Yong & Leonard).
