Indiegogo will offer shares in the St. Regis Resort in Aspen through a tokenized share of stock. The owner of the resort, Elevated Returns, plans to sell shares through the crowdfunding website using blockchain technology to reflect equity in the property stored on digital tokens.
One key player leading the way for the expansion of security tokens is the crowdfunding giant, Indiegogo. Announced today, the global platform for entrepreneurs will now provide access to security tokens by offering a real-estate asset to its audience of crowd-investors.
Indiegogo will present its 10 million global members with the opportunity to own a tokenized share of common stock in the prestigious St. Regis Aspen Resort, via the Aspen Digital token asset offering. The offering will be available directly through Templum Markets LLC, an SEC registered broker-dealer and member of the Financial Regulatory Authority (FINRA). This security token offering (STO) will be filed under the SEC’s Reg D, Rule 506 (c), General Solicitation, and is open to accredited investors in the U.S. and overseas.Forbes.com