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SOMA Finance is getting ready to launch a digital security token that follows legal guidelines and can be purchased by retail investors in the U.S. and worldwide. Token holders stand to receive dividends, potentially up to 10% of SOMA’s profits.

SOMA Finance, a partnership between DeFi provider MANTRA and broker-dealer Tritaurian Capital, is gearing up to launch the SOMA token. They claim it will be the first legally compliant digital security available to retail investors worldwide, including in the U.S.

The SOMA token marks the first Regulation Crowdfunding issuance on the U.S.-compliant hybrid decentralized marketplace. It introduces digital securities alongside its crypto assets and NFT platform rollout. This Regulation Crowdfunding avenue offers compliant access to capital and digital assets for companies wanting to embrace DeFi while adhering to securities laws.

Unlike typical crypto tokens that don’t represent equity in the issuer, the SOMA token provides a financial stake in SOMA Finance. It functions as a non-cumulative, participating preferred stock. SOMA plans to sell tokens worth up to $5 million in multiple tranches, initially priced at $2.50 per token. Token holders can potentially receive dividends of up to 10% from SOMA’s profits.

SOMA Finance’s marketplace launch is ongoing, featuring its SOMAguard onboarding platform. The upcoming SOMA token sale will introduce its SOMAstarter launchpad, followed by the SOMAswap decentralized exchange and more products.

The platform not only supports Regulation Crowdfunding but also enables Regulation D, Regulation S, and Regulation A listings. It facilitates compliant trading and issuance of tokenized equities and security token offerings.

Tritaurian will manage regulated activity on the platform, leveraging SOMA Finance’s technology.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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SOMA.finance is the first fully compliant multi-asset decentralized exchange (DEX) and capital raising platform. It aims to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi) by offering tokenized securities that are regulated and compliant with securities laws.
Key Features and Highlights:
Compliance: SOMA.finance operates under a regulatory framework, partnering with Tritaurian Capital, a U.S. regulated broker-dealer, to ensure compliance with securities laws. This mitigates risks often associated with other DeFi platforms.
Tokenized Securities: The platform allows for the issuance and trading of tokenized equities, digital assets, and non-fungible tokens (NFTs). This opens up new opportunities for investors to access a wider range of assets in a decentralized manner.
SOMA Token: SOMA.finance has its own native token ( $SOMA ) which is a legally issued digital security open to global and US retail investors. The token offers benefits like dividends, yield farming, compliant staking, and corporate ownership.
Accessibility: SOMA.finance aims to make digital securities accessible to both retail and institutional investors, democratizing access to investment opportunities.
Overall:
SOMA.finance is a unique platform that combines the innovation of DeFi with the regulatory compliance of TradFi. This makes it a promising player in the evolving landscape of digital assets and decentralized finance.