TradeCloud Services Pte. Ltd. (TradeCloud) intends to attract up to $ 20 million in the first half of 2019 through the sale of security tokens, carried out through a Swiss subsidiary. STO will be one of the first of its kind in Switzerland and will comply with current financial market rules.
“Our offer of security tokens will give investors a unique opportunity to participate in the commodity trading industry as we continue to digitize the market,” said Simon Collins, CEO.
The funds will be used to expand the energy and agriculture sector, as well as to develop the TradeCloud trading network.
TradeCloud is a communications platform designed specifically for the physical goods industry. It provides a safe and compatible environment, open to all market participants. This helps TradeCloud members find the products they need at competitive prices.
TradeCloud plans to provide a network of post-trade services, such as logistics, finance and documents, all of which are related to Web Trade Trade Commodities, centered around the blockchain technology.
For more information, please visit https://stoanalytics.com/sto/tradecloud/