Hacken Tokenizes its Equity, Allowing HAI Token Holders Can Become Shareholders

Hacken Tokenizes its Equity, Allowing HAI Token Holders Can Become Shareholders
[PRESS RELEASE – Madrid, Spain, March 13th, 2024] Hacken, a blockchain security auditor, announces the tokenization of its equity linked to the company`s native token, $HAI – a work-to-earn, product-utility, and governance token. It allows existing or new $HAI holders to exchange their assets for Hacken Equity Shares ($HES). This move makes Hacken the first crypto company that has enabled its community to own part of the real business.
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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