Published November 4, 2024
NEW YORK CITY, November 4, 2024 - The Bank of Commonwealth announces an acquisition of a stake in BPN Capital Group, and its entrance into the U.S. tokenisation and securities space for tokenising traditionally illiquid assets through Security Token Offerings. Investors around the world can participate in fractional ownership and create higher demand and marketability of these assets. Additionally, such tokenized assets can be traded on secondary markets bringing enhanced liquidity compared to traditional assets holdings thereby improving flexibility and managing risks.
The Bank of Commonwealth has acquired 4,000,000 common non-dilutable shares of BE PRO NETWORK, LLC d/b/a BPN Capital Group, a Florida registered LLC under document file L19000120826, representing 2% of its total equity.
Through the relationship with BPN Capital Group there is a much greater reach into the U.S. capital markets. The added liquidity brought through this relationship also helps facilitate private equity and real estate investment in the U.S.
BPN Capital Group is a U.S. regulated firm and is compliant with SEC regulations and thus reduces the risk of legal complications and ensures that the tokens issued follow proper protocols. The use of blockchain technology brings enhanced security and thereby higher levels of trust amongst investors and financial partners.
You can learn more about BPN Capital Group at bpncapitalgroup.io
For any media queries please contact Maria Venizelou maria.venizelou@roerich.gr
This press release was published by bank.gov.bc on behalf of Bank of Commonwealth