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Swarm to bring security tokens to TRON blockchain
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Swarm to bring security tokens to TRON blockchain

Swarm, a blockchain technology company which provides fee-free tokenization of assets which pay dividends, will allow asset providers with proper licensing and KYC measures to issue security tokens on the TRON blockchain, the company says.
 
 Swarm creates tools to make it easy to unlock and capture value across a broad array of assets and opportunities. Tokenization on TRON will allow for customers to complete transactions faster, with few fees.
 
 “Swarm is one of the preeminent builders of digital investment infrastructure and its decision to adopt the TRON blockchain will further our push to make decentralized finance the next big thing for the investment community,” said Justin Sun, founder of TRON and CEO of BitTorrent.
 
 Tether will launch USDT-TRON, a stablecoin based on Tether technology in partnership with Bitfinex. These stablecoins are pegged to the U.S. dollar and can be used in smart contracts for security tokens that offer a dividend to the holders of their respective security tokens. Stablecoins reduce the volatility that cryptocurrency traditionally effects on institutional buyers who are more risk-averse.

“TRON’s dedication to delivering fast, free solutions using decentralized infrastructure make them a natural fit for Swarm’s open tokenization technology. Issuers will be able to offer security tokens on Tron’s blockchain, and will allow investors to use TRX and USDT-TRON to purchase security tokens. This is about meeting people where they are, and opening the door for the massive and engaged TRON community to enter this rapidly growing space.” said Philipp Pieper, co-founder and CEO of Swarm.

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