Innovation and regulation are often viewed as opposing forces, but when it comes to the world of finance, they can be a powerful combination. The journey to create LCX Earn, a cutting-edge tokenized bond investment platform, is a testament to that. At LCX we discovered firsthand how challenging it can be to balance the need for innovation with the complexities of regulatory compliance.
The Struggles and Triumphs in Creating a Revolutionary Tokenized Bond Investment Platform.
When we first announced LCX Earn earlier this month, we began with the Euro-denominated tokenized bond EURt7. Today, we are excited to reveal that LCX Earn will also offer fixed yields for a total of four assets: Euro (EUR), Ethereum (ETH), Bitcoin (BTC), and LCX Token (LCX). This expansion is the result of our relentless pursuit of regulatory approval and innovative thinking.
Bloomberg: LCX Launches Groundbreaking Tokenized Bonds – A Revolution in Compliant Staking.
Our vision for LCX Earn was to provide European investors with a secure, high-yield, and transparent platform for investing in tokenized bonds. In 2021 we spent months strategizing and preparing, eventually filing the initial prospectus in February 2022. The regulatory approval process was costly and lengthy, but it was a critical step in demonstrating our commitment to compliance and establishing trust with our potential investors.
In February 2023, we finally received approval for our basic prospectus. This marked a significant milestone for LCX Earn and allowed us to launch the EURt7 Bond in March 2023. Encouraged by the positive feedback from investors, we continued to push the boundaries, securing necessary approvals for three additional prospectuses for BTCt7, ETHt7, and LCXt7 tokenized bonds.
Explore the universe of tokenized investments with LCX Earn
The journey to launching LCX Earn was filled with challenges, but our dedication to transparency, compliance, and innovation has paid off. Investors now have access to a groundbreaking investment product that offers high returns, security, and transparency through the use of blockchain technology. Each of our tokenized bonds is denoted with planets, symbolizing the unique qualities of the asset:
- Moon (EURt7): Representing stability and reliability, much like the Euro, which is a well-established and widely-used fiat currency.
- Jupiter (BTCt7): Symbolizing growth, expansion, and vibrancy, reminiscent of Bitcoin’s pioneering role in the world of digital assets.
- Mercury (ETHt7): Known for its speed and agility, mirroring Ethereum’s versatile and fast-evolving blockchain platform.
- Neptune (LCXt7): Signifying the innovative and groundbreaking nature of the LCX Token.
Both retail and professional investors in the European Economic Area (EEA) can invest in LCX Earn’s tokenized bonds, providing they register and get verified on the LCX platform. The investment process for all the tokenized bonds are live now.
Our growth journey of LCX as a whole and LCX Earn has been a rewarding experience for all. It serves as a powerful reminder that when innovation and regulation are harmoniously integrated, the result can be revolutionary. As we continue to push the boundaries and expand our offerings, we look forward to empowering more investors with secure and lucrative investment opportunities in the world of digital finance.
Key Dates
- 2021: strategizing and preparing of initial filing
- February 2022: Initial prospectus filed for LCX Earn
- February 1st 2023: Basic prospectus approved and passported across Europe
- March 1st 2023: Launch of EURt7 Bond and opening for retail investors to invest
- April 11th 2023: Investment process begins for BTCt7, ETHt7, and LCXt7 tokenized bonds.
For more information about LCX’s tokenized bonds and to join the platform, visit LCX Earn.
