SEFtoken is a digitized covered warrant issued by a US corporation, which may be exercised by SEFtoken holders for the conversion into shares of the underlying asset. To provide assurance of asset delivery, the shares are held by the US corporation in trust pending conversion.
The advanced structure detailed in SEFtoken’s Whitepaper achieves a regulated, compliant digital securities offering for the underlying asset.
The underlying asset identified by SEFtoken for this offering is a licensed and regulated Financial Market Infrastructure, an adaptable, well managed, exchange trading venue powered by its fully-owned, proprietary, end-to-end exchange infrastructure technology.
SEFtoken holders will own 47 percent of the underlying asset and as a block will become the largest shareholder of the asset.