Smart Valor has announced that it will become the first company to offer a stablecoin backed by Swiss Franc. The project is about building a marketplace for tokenised digital assets and security tokens that is licensed and regulated by Swiss authorities.
The project will be run in partnership with financial institutions and will strictly comply with FINMA regulations. The Smart Valor platform is a blockchain based network that allows issuers of assets not only to create but also distribute tokenised alternative investments.
Several layers of distributed nodes among key participants have been put into place in order to ensure the actuality of the platform’s alternative investment solution offers. The company aims to obtain a banking license with its expansion in Liechtenstein and the tokenisation of Swiss Franc (CHF) but as of now, Smart Valor is in discussion on possible collaboration with banks, crypto exchanges and prominent auditing companies.
The project is about building a marketplace for tokenised digital assets and security tokens that is licensed and regulated by Swiss authorities.
Smart Valor will generate revenues from various fees associated with the service such as listings, buy/sell transactions, custody and storage, banking services and commission on the provision of services from community members.
The token holders will have the opportunity to earn extra VALOR tokens by performing certain tasks such as referring, voting, predicting or strategising on various investment opportunities. The platform has huge hidden potential as it looks to keep the regulatory measures related to tokenised securities in check. With the increasing adaptation of the token, Smart Valor can prove to be an exciting opportunity to invest for the long term.