Templum Markets recently announced the launch of Aspen Digital Inc., a Tokenized Asset Offering (TAO), on Templum’s trading platform.
Templum Markets, LLC is a financial technology company and broker-dealer registered with the U.S. Securities Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Templum Markets is the operator of an Alternative Trading System (ATS) for the secondary trading of digital assets that are securities.
They are a leader in developing the tokenization of traditional asset classes by leveraging digital innovation to increase transparency, discoverability and potential liquidity. The Aspen Digital Inc. TAO will have a unique CUSIP, allowing for greater transparency and distribution in the secondary market.
Through indirect ownership, each token represents one share of common stock in the St. Regis Aspen Resort. Investors will be able to purchase Aspen Coins with U.S. dollars as well as with Bitcoin (BTC) and Ethereum (ETH). All Aspen Coins will be backed by the St. Regis Aspen Resort asset.
The St. Regis Aspen Resort is owned by a holding company and, controlled by Elevated Returns, an asset management company that manages assets across a range of service industries, including hospitality, real estate and a number of consumer brands.
Elevated Returns is an asset management company focused on offering extra value to its stakeholders. The firm acquires and manages assets across a range of service industries, including hospitality, real estate and a number of consumer brands.
The company is led by founder and President Stephane De Baets, a serial entrepreneur possessing 20 years of experience in asset management, financial structuring, and M&A, advising companies in both Asia and the United States.
De Baets said;
“Templum’s focus on regulation and best practices make them the ideal partner for Elevated Returns as we pursue our capital raising objectives and emphasizes our commitment to building successful infrastructure alongside top-tier, established organizations.”