Openfinance, a digital asset trading platform in the secondary market, lists Lottery.com’s LDCC security token for American investors.
Accredited and non-accredited investors can buy and trade the LDCC token on Openfinance’s Alternative Trading System (ATS), the company announced on Wednesday. Published on the ethereum blockchain, the token was designed to encourage investors to raise funds for charities around the world.
“We believe digital security offerings are the future of fundraising. The transparency inherent in this type of offering is in line with our overall mission, ”said Tony DiMatteo, CEO of Lottery.com, in a press release.
Digital titles refer to a digital representation of a title and aim to reduce friction caused by paper processes while automatically applying the relevant regulations.
The LDCC token is part of Lottery.com’s digital strategy and is now free to trade on the Openfinance ATS, alongside other digitized security assets, including real estate, private equity and assets real.
An ATS is an American regulatory term for non-exchange trading platforms that associate buyers and sellers to locate counterparties for transactions. An ATS is generally regulated as a stock broker rather than a stock exchange.
“We are delighted to expand the LDCC token trade from Lottery.com and give more exposure opportunities to this unique offering,” said Openfinance co-CEO Juan Hernandez.
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