LAToken Launches Trades of Real Estate LAT backed by ETF

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LAToken, a  tokenized assets platform, launched Round 2 of its public token sale on Tuesday, September 5. The sale will be limited up to 50 million LAT sold at 0.0011 ETH (1 ETH = 909 LAT) with hard cap set at $10 million. The proceeds will be used for tokenization and trading developments of Real Estate assets.

The company has already launched the Real Estate LAT Token backed by DB X-TRACKERS ETF. Crypto investors can also trade Apple, Amazon and Facebook shares, as well as gold and oil at the LAT Platform to diversify their portfolios with blue chips, safe haven assets and commodities, using cryptocurrencies.

The sale is completed in 4 Rounds with the proceeds used for tokenization and trading development of the key asset classes. Round 1 was designed to develop tokenization of equity, and we closed it way ahead of schedule at $330 million valuation. We sold 30 million LAT, raising $9,54 million in just 3 days. The price LAT will increase in each round. The price for Round 3 will be 0,0013 ETH.

LAToken is a Blockchain platform that enables cryptocurrencies to be widely used in the real economy by making real assets tradable in crypto.

“LAToken bridges the crypto- and real economies by enabling our clients to trade real assets in cryptocurrencies. This will make markets more efficient, transparent and cost effective. We are happy that so many people share our vision and believe in LAToken”,  said Valentin Preobrazhenskiy, CEO of LAToken.

LAToken attracted top-notch experts from global financial institutions, IT and security companies to its Advisory Board, that includes Cecilia Mueller Chen (UBS, Deutsche Boerse), Bradley Rotter (Rivetz), Anish Mohammed (Hyperloop), Hague van Dillen (Franklin Templeton). Just a few days ago CEO and founder of Corinthian Partners Mitchell Manoff joined our team to advise on legal and regulatory compliance Financial Services.

“Businesses succeed, if they provide a solution to a problem which affects a large market. Finding liquidity for illiquid assets is a trillion dollar market. LAToken has found a solution to this global problem. Happy to be part of a great team, a game changer,” — says Mitchell Manoff, the new advisor of LAToken with an impressive 42 years of experience in finance.”

 

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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