10% of the company’s equity is brought onto the Ethereum blockchain as tokenized assets that can be exchanged for 100 million $HAI. Each Hacken Equity Share is valued at 1 million $HAI, with 100 shares available at varying fiat prices due to asset volatility. Hacken claims 87% of the acquired $HAI tokens will be burned.
This strategic move is part of Hacken’s aspiration to become a publicly traded company in the future. Tokenization is set to bring more accountability and transparency while establishing a tight connection between its native token
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