Fusang Corp. $10M Equity Token IPO Approved

2022-1-19 11:33
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On January 19, Malaysian digital exchange Fusang Corp. announced that its initial public offering (IPO) of equity tokens has been approved by management. Tokens are issued in digital form by Fusang Corp. It represents a product and is listed on the blockchain rather than a product listing. Additionally, at the end of the first quarter, Fusang Corp. He said it would be listed on the stock exchange. Henry Chong, CEO of Fusang Corp., said that although other companies have announced security tokens in the past, Fusang will be the world's first managed token fair IPO. 2.5 million shares were issued at a fixed price of $4 per share for a total IPO of $10 million. (Forecast)

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