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Utility-to-Security Swap allows companies to convert previously issued utility tokens into tokenized assets (securities, equities), providing the required level of compliance to both companies and investors. The first client that has opted to go with the Swap on was Karma SME Loans Exchange. The swap allows the company to build the “company-shareholder” model providing a clear and understandable legal ground for their business. After the swap, the situation changes drastically, as companies complete a legal framework for additional growth, funding, possible exit strategies or M&A interest.
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