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.

articleSmart Card Marketing Systems, Inc.April 28, 20263/news/smartcard-marketing-systems-inc-smkgotcid-asset-tokenization-unit-xfundventures-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.

SmartCard Marketing Systems Inc. (SMKG:OTCID), a leading innovator in financial technology solutions, asset tokenization, and its business unit Xfund.ventures is positioned as a new strategic initiative aimed at expanding decentralized finance (DEFI) model through the licensing of token issuer-based projects. This initiative is set to redefine regional territory growth on a global scale by capitalizing on localized expertise and innovative 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.   EXPANDING REACH THROUGH LICENSING   The decision to pursue a licensing strategy for token issuers will allow Xfund.ventures to broaden its reach into diverse international markets through Family Offices and Agencies challenged with a runway for Asset Tokenization and Crypto Exchange undertakings. By granting licenses to qualified Agencies pursuing token issuer projects through Asset Tokenization “Real World Assets or Utility Tokens”, the agencies will be facilitated access to SMKG’s robust financial infrastructure, including SMKG’s cutting-edge paytech ( AxePay and Xpay World) and custody solutions. This approach not only streamlines the process for new issuers entering the DEFI space but also enhances compliance and security within the token ecosystem.   REGIONAL GROWTH AND LOCALIZED EXPERTISE   Effective localization is vital in today's interconnected markets. SMKG through its business unit Xfund.ventures intends to leverage regionalized presence by collaborating with key stakeholders of Projects and make them partners who understand the regulatory landscapes and market dynamics of their respective territories. By empowering local entities with the tools and guidance they need, this strategy will foster innovation tailored to specific market demands, thus creating a ripple effect of growth.   LEVERAGING FINANCIAL SPONSORS AND "BAAS" BANKING AS A SERVICE    The integration of financial sponsors within this licensing framework will provide essential backing for token issuers, ensuring they have the necessary financial support to thrive. Additionally, by leveraging SMKG's comprehensive banking as a service (BaaS) offerings, Cross-border Rails, Card Processing Stack, On/Off ramping, new projects...

View stock analysis, news, and events for Smart Card Marketing Systems, Inc.