Business
SMARTCARD MARKETING SYSTEMS INC. (SMKG:OTCID) ASSET TOKENIZATION UNIT XFUND.VENTURES EXPANDS DEFI MODEL THROUGH STRATEGIC LICENSING FOR TOKEN ISSUER PROJECTS
SMARTCARD MARKETING SYSTEMS INC. (SMKG:OTCID) ASSET TOKENIZATION UNIT XFUND.VENTURES EXPANDS DEFI MODEL THROUGH STRATEGIC LICENSING FOR TOKEN ISSUER PROJECTS.
About this update from Smart Card Marketing Systems, Inc.
[{"type":"text","content":"SmartCard Marketing\r\n Systems Inc. (SMKG:OTCID), a leading innovator in financial technology solutions, asset tokenization, and\r\n its business unit Xfund.ventures is positioned as a new strategic initiative aimed at\r\n expanding decentralized finance (DEFI) model through the licensing of token\r\n issuer-based projects. This initiative is set to redefine regional territory\r\n growth on a global scale by capitalizing on localized expertise and innovative\r\n technology. The company also believes it will be a significant channel allowing token issuers to leverage its \"PaaS\" Platforms as a Service model and Embedded Paytech to win market share.\r\n\r\n \r\n\r\nEXPANDING REACH\r\n THROUGH LICENSING\r\n\r\n \r\n\r\nThe decision to\r\n pursue a licensing strategy for token issuers will allow Xfund.ventures to\r\n broaden its reach into diverse international markets through Family Offices and\r\n Agencies challenged with a runway for Asset Tokenization and Crypto Exchange undertakings.\r\n By granting licenses to qualified Agencies pursuing token issuer projects\r\n through Asset Tokenization “Real World Assets or Utility Tokens”, the agencies\r\n will be facilitated access to SMKG’s robust financial infrastructure, including\r\n SMKG’s cutting-edge paytech ( AxePay and Xpay World) and custody solutions.\r\n This approach not only streamlines the process for new issuers entering the\r\n DEFI space but also enhances compliance and security within the token\r\n ecosystem.\r\n\r\n \r\n\r\nREGIONAL GROWTH AND\r\n LOCALIZED EXPERTISE\r\n\r\n \r\n\r\nEffective\r\n localization is vital in today's interconnected markets. SMKG through its\r\n business unit Xfund.ventures intends to leverage regionalized presence by\r\n collaborating with key stakeholders of Projects and make them partners who\r\n understand the regulatory landscapes and market dynamics of their respective\r\n territories. By empowering local entities with the tools and guidance they\r\n need, this strategy will foster innovation tailored to specific market demands,\r\n thus creating a ripple effect of growth.\r\n\r\n \r\n\r\nLEVERAGING FINANCIAL\r\n SPONSORS AND \"BAAS\" BANKING AS A SERVICE \r\n\r\n \r\n\r\nThe integration of\r\n financial sponsors within this licensing framework will provide essential\r\n backing for token iss...