NEOFACTO LAUNCHES ITS STABLECOIN: TOKEUR
Always striving to outpace market needs, NEOFACTO teams stand once again out of the crowd by developing its stablecoin: Tokeur.
Tokeur is not only auditable in real time thanks to the open banking protocol, but also ensures complete transparency of escrow accounts. It can be used as a means of payment, and above all as a real effective tool for OTC financial operations. The stablecoin, like Tether DAI, Libra or CBDCs (central bank digital currency), is an essential tool in crypto finance to solve volatility and settlement problems.
It is the solution to end the separation of cash and order. Today, having a tokenized euro enables atomical trade between financial products and tokenized liquidities.
Financial instruments, such as interest swaps, bonds, options, can be programmed to self-execute making the back office problem obsolete. Thus, Tokeur is the new NEOFACTO project to revolutionize OTC transactions by making automatic DVP without back office.
Tokeur is the answer to financial operators willing to deal with tokenized financial instruments with the benefit of a very low back office and minimal operational costs. The project was incorporated at the end of 2019 and continues to recruit privileged partners.