MADRID, Spain, March 13th, 2024/Chainwire/ Hacken, a blockchain security auditor, announces the tokenization of its equity linked to the company`s native token, $HAI – a work-to-earn, product-utility, and governance token. It allows existing or new $HAI holders to exchange their assets for Hacken Equity Shares ($HES). This move makes Hacken the first crypto company that has enabled its community to own part of the real business.10% of the company’s equity is brought onto the Ethereum blockchain as tokenized assets that can be exchanged for 100 million $HAI. Each Hacken Equity Share is valued at 1 million $HAI, with 100 shares available at varying fiat prices due to asset volatility. Hacken claims 87% of the acquired $HAI tokens will be burned. This strategic move is part of Hacken's aspiration to become a publicly traded company in the future. Tokenization is set to bring more accountability and transparency while establishing a tight connection between its native token and its business ecosystem. In turn, it also provides private investors with an option to enrich their crypto portfolio with DeFi assets linked to the real business, which grants it the stability and low-risk characteristics of TradFi. RWA is Hacken's first step towards public organization status. The next steps are as follows: Authorized Secondary RWA Market after the tokenization round ends. Seizing exit opportunities during equity buybacks at the next investment Hacken rounds. IPO as a strategic goal for 2027. The above commitments open room for classic exit strategies for future shareholders. The technical implementation of Hacken`s tokenization is done using the asset tokenization protocol Brickken. Tokenized Hacken equity is brought to the Ethereum chain and is available on Brikken`s RWA marketplace for all KYC-verified investors. The first $HAI holders to will do so on the most beneficial conditions because of asset volatility. This private equity offering not only shows an example of merging digital assets with real-world value but also brings a new context to a broader financial ecosystem. diversify their portfolio with Hacken Equity Share "Embarking on the next level of the Web3 journey, Hacken pioneers a new precedent where token investment transcends digital realms to become integral in real-world deals. Our commitment to RWA tokenization signifies more than a strategic move; it marks a transformative shift, fostering cohesion, diversity, and connectivity within our community. It means a broader evolution in how private crypto investors engage with blockchain projects." states Dyma Budorin, Co-Founder and CEO of Hacken. About Hacken Hacken is a trusted blockchain security auditor who delivers high-quality solutions at every level of blockchain security. Hacken`s services include , Blockchain Protocol Audit, dApp Audit, Penetration Testing, and CCSS Audit. Its product portfolio features bug bounties, CER.live cybersecurity ranking, and on-chain monitoring. Smart Contract Audit HackenProof Extractor Since its inception in 2017, Hacken has evolved from a white-hat hacking startup into an established security partner for over 1500 blockchain-based projects. Today, Hacken collaborates and works with top DeFi players such as 1inch, MetaMask, ShapeShift, Unicrypt, and PolkaStarter; most promising blockchain protocols such as NEAR, Linea, and Radix; key centralized exchanges like OKX, Gate.io, and KuCoin; Web3 gaming projects like Sandbox and Enjin. Moreover, Hacken is among the few Web3 companies working with the public sector and traditional enterprises: European Blockchain Services Infrastructure by the EU Commission, digital banking leaders such as Revolut and Nubank, and major businesses like Anglo American and Arcelik. Hacken`s strategic goal is to evolve into a publicly listed company in the future, blending equity and token capitalization for a pioneering model. Contact PR manager Yana Verbytska Hacken y.verbytska@hacken.io This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here.

This is a PR written by or for the company mentioned within it. The writer has a vested interest in the company and products mentioned within.

The writer is smart, but don't just like, take their word for it. #DoYourOwnResearch before making any investment decisions or decisions regarding your health or security. (Do not regard any of this content as professional investment advice, or health advice)

Hacken Tokenizes Its Equity, HAI Token Holders Can Become Shareholders

About Author

Comments

TOPICS

THIS ARTICLE WAS FEATURED IN

Related Stories

$500k Presale: TG.Casino Passes Milestone with Upcoming Telegram-Powered Platform

Asset-Backed Tokenization: Everything You Wanted to Know

Asset Tokenization and Web Domains Are About to Make Autonomous Organizations a Reality.

Tokenization is the way to achieve Transperency & Data Security in Asset Management - Oleg Kurchenko

Bridging the Gap Between TradFi and DeFi With RWAs on the Blockchain

End to End Asset Tokenization - The Emerging Trend in Investment Strategies

$500k Presale: TG.Casino Passes Milestone with Upcoming Telegram-Powered Platform

Asset-Backed Tokenization: Everything You Wanted to Know

Asset Tokenization and Web Domains Are About to Make Autonomous Organizations a Reality.

Tokenization is the way to achieve Transperency & Data Security in Asset Management - Oleg Kurchenko

Bridging the Gap Between TradFi and DeFi With RWAs on the Blockchain

End to End Asset Tokenization - The Emerging Trend in Investment Strategies

Light-Mode

Classic

Newspaper

Minty

Dark-Mode

Neon Noir

Minty

HN StartUps